SEN. Risa Hontiveros on Friday said other government officials involved in the questionable sale of Malampaya shares to businessman Dennis Uy should be investigated.
Uy is a known crony of former president Rodrigo Duterte.'I welcome the Office of the Ombudsman's move to charge former energy secretary Alfonso Cusi and 11 others with corruption over the Malampaya deal, but I believe people higher up in the bureaucracy should also be held accountable,' the senator added.Hontiveros said she believes government officials during the term of Duterte and the current administration of President Ferdinand Marcos Jr.
In 2022, the Department of Energy approved Uy's acquisition of another 45 percent of Chevron's share, with Philippine National Oil Company Exploration Corp. maintaining its 10 percent interest.Hontiveros said that in 2021, Duterte signed into law the Murang Kuryente Act , which aimed to bring down the cost of electricity throughout the country by appropriating funds from the proceeds of Malampaya to service stranded debts that the Power Sector Assets and Liabilities Management Corp.
Probe Into Malampaya Sale Sought
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