VICE GOVERNOR JOEY G. PELAEZ presents to Ms. Lordilie S. Enhambre of the Mindanao Development Authority (MinDA) the Resolution which he authored and was passed by the Sangguniang Panlalawigan of Misamis Oriental strongly opposing the privatization of the Agus-Pulangui Hydroelectric Complexes and supporting the creation of the Mindanao Power Corporation (MinPOCOR). The proposed MinPOCOR is envisioned to manage and operate the Agus and Pulangi Hydroelectric Power Complexes, considered as the jewels of Mindanao's power sector that can provide reliable, sustainable, and cheap power in the islandegion. (GSD File Photo February 2016.)
- Advertisement -

By EDWIN IYO
Correspondent .

GINGOOG City–Misamis Oriental Vice Gov. Jose Mari Pelaez walked out in the middle of a public forum during the 39th Syncronized Annual General Membership Assembly of the Misamis Oriental II Rural Electric Service Cooperative Moresco II here.

- Advertisement -

The walkout happened at the Arturo Lugod gym here in Saturday after Pelaez did not get a clear answer about Moresco II’s loans and the financial statement.

Pelaez said he wanted to know the cooperative’s finances in detail and so he asked for Moresco II’s complete financial statements now and in the previous years.

But when it occurred to him that he won’t get clear answers on the financial statements, Pelaez opted to leave.

Similar public gatherings were also organized by Moresco II in the towns of Claveria, Sugbongcogon and Balingasag.

In another development, the proposal for the automation of district election of Moresco II was approved during the Gingoog assembly.

The capital expenditures  of P600 million and the establishment Biomass Power Plant were also approved.

Disclaimer

Mindanao Gold Star Daily holds the copyrights of all articles and photos in perpetuity. Any unauthorized reproduction in any platform, electronic and hardcopy, shall be liable for copyright infringement under the Intellectual Property Rights Law of the Philippines.

- Advertisement -