Saturday, August 8, 2020

Pres. Duterte Demands PNOC-EC Chief’s Resignation

MOST READ

President Rodrigo Duterte has ordered Pedro Aquino Jr., president and CEO of the Philippine National Oil Company – Exploration Corp. (PNOC-EC), to tender his resignation after being embroiled in a corruption issue, Malacañang announced.

Presidential Spokesperson Salvador Panelo said the President arrived at the decision after losing trust in Aquino.

“The Palace confirms that President Rodrigo Roa Duterte has asked Attorney Pedro A. Aquino Jr., President and Chief Executive Officer, as well as a member of the Board of the PNOC – Exploration Corp., to submit his resignation as such before the Office of the President, for loss of confidence,” Panelo said in a statement.

“The President’s order is still in line, and pursuant to his anti-corruption campaign in the government, and underscores once again that there are no sacred cows under this administration,” he added.

Panelo, however, did not elaborate on the supposed corruption allegations hurled against Aquino.

He, nonetheless, noted that Duterte’s latest directive should serve as a reminder to public servants that the President’s anti-corruption drive in government remains relentless.

“We reiterate the directive of the President to all officials and employees of the government to undertake actions, which are only pursuant to what the law provides in the performance of their official functions and desist from committing any act that are — or may appear to be — irregular, illegal or dishonest,” Panelo said.

In a separate statement, Senator Sherwin Gatchalian revealed that Aquino was initially slapped with a 30-day suspension following the state oil exploration corporation chief’s unauthorized investment deal with a Russian oil firm.

The PCOC-EC, Russian oil giant Rosneft Oil Co., and Hong Kong-based firm Pionaire Finance Ltd. sealed a trilateral agreement at an International Economic Forum in St. Petersburg, Russia in June 2017.

Gatchalian said Aquino had entered into the deal without permission from the PNOC-EC Board or Department of Energy Secretary Alfonso Cusi. (PNA)

- Advertisement -
- Advertisement -

Latest News

Usec. Paje: DSWD Prepared If Lawmakers Push For SAP 3

DSWD said it is prepared in case lawmakers decide to forward the third batch of emergency subsidy to low-income families who were affected by COVID-19.

Galvez: One Hospital Command Center To Reduce COVID-19 Death Rate

The government will intensify its efforts in reducing the mortality rate of COVID-19 patients by establishing the "One Hospital Command” system.

Guv. Garcia: Cebu Allots P105-M To Help Pandemic-Affected MSMEs

Cebu City is allotting PHP105 million to provide financial assistance to distressed MSMEs affected by the pandemic.

Mayor Isko Allots P200-M For COVID-19 Vaccine Once Available

Mayor Isko signs an ordinance allocating PHP200 million for the immediate procurement of COVID-19 vaccines for all Manileños.

Sen. Gatchalian: Ensure Learners With Disabilities’ Access To Health Care Services

Gatchalian urges DepEd to ensure that learners with disabilities continue to receive access to therapies and other health care and rehabilitation services.

Spox. Roque: Palace Distances From Proposal To Regulate Socmed Under Anti-Terror Law

“Opinyon po ‘yan si Gen. Gapay. Binasa ko naman po ang anti-terror law, wala pong probisyon dun na magagamit laban sa social media."

Sen. Go: Involve More Experts In Battle Vs. COVID-19

"Pakinggan po natin ang mga hinaing ng iba’t ibang grupo tulad nitong mga nasa medical community."

House OKs Medical Scholarship Bill On 2nd Reading

House Bill 6756 that aims to grant scholarships among deserving medical students, gets second approval from the House of Representatives.

Mayor Fernandez Appeals For More Organized Transport Of LSIs

"I hope that the national government, the national IATF can put up a coordinating team in Manila; per province, there is a desk that will manage locally stranded individuals."

Pres. Duterte Stance Remains ‘Friend To All, Enemy To None’

Roque assures the country that PRRD continues to conform to the “friend to all, enemy to none” independent foreign policy by avoiding tensions with other countries.