Murang Kuryente bill gets House nod on final reading

Credit to Author: acerojano| Date: Mon, 04 Feb 2019 11:39:09 +0000

Murang Kuryente bill gets House nod on final reading

The House of Representatives on Monday gave its green light to a bill that seeks to tap P123 billion from the Malampaya fund to pay the debts of the National Power Corporation (NPC) that is now being charged to consumers’ monthly electricity bill.

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WHAT WENT BEFORE: The Malampaya Fund

Credit to Author: besguerra| Date: Sun, 13 Jan 2019 23:21:44 +0000

In December 2016, the Ombudsman dismissed the criminal complaint against former President Gloria Macapagal-Arroyo, who is now Speaker of the House, former Executive Secretary Eduardo Ermita, and two employees of the Department of Agrarian Reform for “insufficiency of evidence” in the alleged misuse of P900 million from the Malampaya Fund.

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