The Victorias Power Consumers for Reforms Inc. has raised more issues before the National Electrification Administration on the alleged questionable acts of the officials of the V-M-C Rural Electric Service Cooperative.

In their recent letter to NEA Deputy Administrator Pablo Pan III, VIPCOR, headed by Elinore Cabanilla, said that they believe NEA can impose disciplinary or punitive measures on all erring employees and officials, including the Board of Directors.

On the issue of "window-dressing" or "add-on" scheme, they said that while they acknowledge NEA's action of re-categorizing VRESCO from A+ to B, they feel that it is not enough, considering the number, magnitude and gravity of the violations and offenses unearthed by its auditors. They added that records show that VRESCO directors were still paid the same per diem of P4,200 applicable only to Category A+ cooperatives despite the order of adjustment in financial benefits due to recategorization.

The retirement benefit given to former general manager Danilo Davila reportedly amounting to P4.2 million was also computed on the basis of A+ categorization, VIPCOR claimed.

They also claimed that records also show that Technical Services Division manager Joey Pugales was given P1.4 million while Institutional Services Division manager received P400,000 as retirement benefits when they are not yet of retirable age and they were among those mentioned adversely in the audit report.

VIPCOR said it also obtained a copy of a document showing that Director Alejandro Garcia was given a gratuity pay as "a token of appreciation for invaluable service" applicable only to outgoing directors of category A+ and A cooperatives.*NLG

back to top