Last May 21, after almost three decades of trying to claim their separation pay from the defunct bus line, members of the PEA and the PANREA were finally able to dispose of Pantranco’s 489 expired bus franchises which they had acquired a payment for their claims from the company sequestered by the government during the term of President Noynoy Aquino’s late mother, Cory Aquino, to several bus companies, owned by the Hernandez family.
However, as the sale of the expired franchises had time and again, since 1993, been denied by the Land Transportation Franchising and Regulatory Board (LTFRB), the latest of which was in Jan. 5 this year, the sale had been questioned, prompting Transportation and Communications Secretary Manuel “Mar” Roxas to enter the picture and blocked the sale.
Reportedly, Roxas blocked the sale of the expired bus franchises based on the provisions of the law prohibiting the trade of franchises commercially. Again, legal minds are one in saying franchise is merely a privilege and not a commodity..... MORE
Source: The Daily Tribune
URL: http://www.tribune.net.ph/index.php/commentary/item/1338-crying-for-justice
0 comments
Post a Comment