BAYOMBONG, Nueva Vizcaya, Philippines – About 300 residents from Alfonso Castañeda town in this province held a picket at the capitol compound yesterday to ask for the release of their P50-million share from the operation of the US-owned firm Casecnan Multipurpose and Irrigation Project.
The placard-bearing residents asked the provincial government to release the amount, which has been withheld since October last year.
Gov. Luisa Cuaresma withheld the release of the quarterly real property tax share of Alfonso Castañeda amid allegations of fund misuse.
In her letter, Cuaresma told Mayor Jerry Pasigian to comply first with the order of the Commission on Audit to explain the alleged misuse of funds from the tax share, which has reached P130 million.