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Dumaguete City, Philippines Wednesday, March 28, 2007
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I'm not retiring yet,
NORECO manager says

General manager Ephraim Taclob of the Negros Oriental 2 Electric Cooperative said he is not hanging up his gloves as GM yet, in reaction to a circular from the National Electrification Administration placing the retirement age at 60.

Taclob has confirmed that some quarters want to remove him from office since he had turned 60 in September last year. Taclob was also accused of mismanagement and anomalous undertakings, which he vehemently denied at a press conference. He said he is ready to face his accusers.

"If I have a problem, I should be investigated first and be accorded due process of law," Taclob said. NORECO 2 Board of Directors chairman Felix Gaudiel said he is waiting for Taclob to tender his resignation in May this year.

"NORECO 2 is fully registered with the Cooperative Development Authority. Why should I be made to follow the NEA circular on the retirement age?" Taclob inquired.

Gaudiel said the board has not yet confirmed the NEA circular.*JG

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I'm not retiring yet, NORECO manager says