LTFRB Chairman Teofilo Guadiz III is accused of misconduct regarding the PUV modernization program
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MANILA, Philippines – President Ferdinand Marcos Jr. relieved Land Transportation Franchising and Regulatory Board Chairman Teofilo Guadiz III from his post due to “alleged corruption under his leadership.” It was a quick turn for events for Guadiz who, just hours ago, was accused in a press conference by a former staff of misconduct regarding the public utility vehicle modernization program.
Before Marcos imposed the suspension order against Guadiz, the LTFRB under Guadiz’s leadership issued a statement insisting that it wass one with the public in going after corrupt actors within the agency.
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