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House panel chief on energy sitting on Psalm probe calls By Gerry Baldo 11/27/2010

Saturday, November 27, 2010

House panel chief on energy sitting on Psalm probe calls

By Gerry Baldo 11/27/2010

The House committee on energy headed by Batanes Rep. Henedina Abad is sitting on several bills and resolutions calling for an investigation into alleged anomalies in the Power Sector Assets and Liabilities Management Corp. (Psalm) where her husband, Department of Budget and Management Secretary Florencio “Butch” Abad, is a member of the board.

Lawmakers, some of whom refused to be identified, said that there have been several bills and resolutions that were filed since the start of the 15th Congress related to the alleged anomalies in Psalm but all these appear to have been ignored by the chairman of the energy committee.

One such resolution that has been pending is House Resolution 97 which was filed on July 7, 2010.
“This has been pending for over four months now since it was filed in July this year,” Bayan Muna Rep. Teddy Casiño said yesterday.

Casiño said that the House committee on energy has not called for a hearing on the issues involving Psalm since it was constituted soon after the 15th Congress opened.

Casiño’s resolution focused on an inquiry into the alleged anti-consumer move of the Psalm to pass on P470.865 billion of its debts and expenses to electricity consumers..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/headlines/20101127hed6.html

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