The Sandiganbayan has convicted former Aurora governor Gerardo "Jerry" A. Noveras and seven others of their graft charge involving the irregular repair of a bridge and road in 2014. Noveras, together with Provincial Administrator Simeon A. De Castro, Provincial General Services Officer...
With additional revenues to be drawn from geothermal assets that are coming on commercial stream, Lopez-led First Gen Corporation is expecting overall profit boost this year, according to a top executive of the company. First President and COO Francis Giles B. Puno indicated that at least 83...
The regulator-approved pass on of the deferred charges of First Gen Corporation on its gas use for power generation and capital recovery on liquefied natural gas (LNG) import facility investment will hike Meralco rates by P0.32 to P0.33 per kilowatt hour (kWh) starting in its October billing to...
The Energy Regulatory Commission (ERC) is scheduling next week the deliberations on the deferred cost recoveries of liquefied natural gas (LNG) that First Gen Corporation had utilized for electricity generation at its gas-fed power plants in Batangas. As full pass-on of LNG costs had not been...
The Energy Regulatory Commission (ERC) has slapped Isabela II Electric Cooperative (ISELCO) with P2.0 million penalty due to its failure to validate the generation charges it passed on to its customers and for not complying with required fuel audit process. The regulatory body stipulated that the...
Senator Christopher “Bong” Go on Friday, July 5 shrugged off the plunder and graft complaint filed against him and former president Rodrigo Duterte before the Department of Justice (DOJ). While he has yet to see a copy of the verified complaint, Go said he believes Trillanes’ complaint...
The Sandiganbayan has acquitted two former Eastern Samar officials of their graft charges for violation of their right to speedy disposition of cases. Cleared of two counts of graft charges were former provincial accountant Vener Tabuena Dulfo and project...
The Commission on Human Rights (CHR) has vehemently denounced as "grave violations of human rights" the series of rape cases reported in the country involving minors. But what is more alarming about the cases, the CHR pointed out, is the fact that most of the rape suspects are family members of the...
Criminal charges are set to be filed in court against former Department of Budget and Management Undersecretary Lloyd Christopher A. Lao, Overall Deputy Ombudsman Warren Rex H. Liong, Procurement Management Officer Paul Jasper V. De Guzman, and six other persons for their...
Finally after second try, the Sandiganbayan granted the pleas of former mayor Teddy C. Tumang of Mexico town in Pampanga and his six other co-accused to dismiss the graft charges filed against them for violation of their right to speedy disposition of cases. After their motion to dismiss was...
Ten remaining graft charges against Masbate Gov. Antonio T. Kho and other provincial officials have been withdrawn by the complainant in an affidavit of desistance after the first five charges had been dismissed outright by the Office of the Ombudsman (OMB). In his affidavit, Ruben D. Fuentes, a...
NEW YORK (AP) — The stock price for Donald Trump's social media company slid again Monday, pushing it more than 66% below its peak set late last month. Trump Media & Technology Group closed down 18.4% at $26.61 as more of the euphoria that surrounded the stock fades. It's a sharp...