MANILA, Philippines — The Department of Energy (DOE) on Wednesday disputed Senator Manny Pacquiao’s accusations of corruption in the agency, saying the lawmaker may have been “ill-advised” and lacked the necessary research on the matter.
Pacquiao earlier claimed that DOE had given a private company—Independent Electricity Market Operator of the Philippines (IEMOP)— which only has P7,000 paid-up capital, the power to become an independent electricity stock market operator.
He claimed that the contract awarded to the spot market operator, which amassed billions of pesos in just over a year, did not go through a bidding process.
DOE Asec. Gerardo Erguiza Jr. denied that t…
Keep on reading: DOE disputes Pacquiao’s claims of corruption; says senator lacked research