^

Business

Sandigan asked to stop PCGG from recognizing Philcomsat meeting

- Rainier Allan Ronda -

The Sandiganbayan was asked to stop the Presidential Commission on Good Government (PCGG) from recognizing alleged illegal stockholders’ meetings of sequestered companies Philippine Overseas Telecommunications Corp. (POTC) and Philippine Communications Satellite Corp. (Philcomsat) last Nov. 19 where a new set of government nominees was supposedly installed by Malacañang.

In a petition for injunction and declaration of nullity with prayer for temporary restraining order and preliminary injunction filed before the Sandiganbayan, Concepcion Poblador, a director and vice president of POTC and Philcomsat, questioned the attendance of Enrique Perez, an official of the Presidential Management Staff (PMS) with the rank of an undersecretary, at the Nov. 19 meeting of Philcomsat where he replaced erstwhile government nominees Enrique Locsin, Manuel Andal, Julio Jalandoni and Guy de Leon in the POTC and Philcomsat boards.

Poblador claimed the  meeting was illegal since the respective boards of the two companies had not called or authorized such a meeting on the said date.

Named as defendants in Poblador’s petition were Perez and the PCGG chaired by Camilo Sabio.

“First, no such meetings were called or authorized by the corporations, through their respective board of directors and officers. PCGG cannot recognize any such meetings or the installation of new government nominees held thereat, since such meetings are illegal,” Poblador said in her petition.

“Second, the acts of defendant Enrique Perez of allegedly representing and voting the shareholdings of the government in POTC during the meeting, and claiming to have authority to install the new nominees in an illegal board, is patently illegal and must be so declared by this honorable court,” Poblador said.

It will be recalled that the two sequestered companies have been the subject of a long-standing legal battle between two groups, one led by the heirs of Potenciano Ilusorio repsented by Erlinda I. Bildner and Victor Africa and the other led by Poblador and the government nominees Locsin, de Leon, Andal and Jalandoni, both claiming to be legitimate boards of the two firms.

Poblador’s board, has so far been the one recognized by the government as the legitimate board, with Malacañang and the PCGG consistently forwarding appointment of government nominees to the POTC and Philcomsat boards to the Poblador-led board.

Poblador had also questioned the authority of Perez in naming replacements to the POTC and Philcomsat boards, pointing out that the PMS official had failed to present a “desire letter” from President Arroyo effecting the changes in the government nominees.

Perez had named former National Telecommunications Commission (NTC) chief Abraham Abesamis, businessman Ramon ‘RJ‘ Jacinto, and Lakas-CMD deputy secretary-general Rodolfo Serrano, retired Justice Santiago Ranada, lawyer Danilo Guttierez and labor leader Allan Montano to replace the erstwhile government nominees in the  Nov. 19 meeting.

“It is the legitimate boards only, where plaintiff sits as director, that may lawfully implement the desire letters of the President of the Philippines, and lawfully install, nominate, qualify and elect the government nominees to the POTC and Philcomsat boards,” Poblador said.

“Defendant PCGG has not written or informed the board of POTC and Philcomsat or their respective officers, regarding the issuance of President Arroyo of desire letters to replace the present government nominees composed of Messrs. Locsin, Andal, Jalandoni and de Leon,” Poblador stressed.

“Defendant PCGG has not formally taken any action to inform and request the boards of POTC and Philcomsat to install the new government appointees,” Poblador also pointed out.

BOARDS

ENRIQUE PEREZ

GOVERNMENT

NOMINEES

PEREZ

PHILCOMSAT

POBLADOR

POTC

  • Latest
  • Trending
Latest
Latest
abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with