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                    [Title] => P150-M dibidendo dinugas sa POTC
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                    [Title] => Untangling the knot (Part II)
                    [Summary] => 



As a backgrounder, the controversy started with two factions squabbling over the three firms of Philippine Communications Satellite Corp. (Philcomsat). The government owns 40 percent of Philippine Overseas Telecommunications Corporation (POTC). POTC wholly owns Philcomsat which in turn owns 80 percent of Philcomsat Holdings Corp., a publicly listed company.


The boards of POTC and Philcomsat are both headed by Bildner and Victor Africa while PHC is led by Ramon Nieto and Enrique Locsin. Senator Enrile’s family reported owns 6.6 percent of Philcomsat.


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                    [Title] => Senate’s real agenda
                    [Summary] => The Senate opened last week an inquiry into the Philcomsat controversy. The inquiry, conducted by the Senate committees on government corporations and public enterprises and on public services, purportedly seeks to look into the alleged dissipation of assets of listed firm Philcomsat Holdings Corp. (PHC).


                    [DatePublished] => 2006-09-20 00:00:00
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                    [Title] => Government nominee in Philcomsat, POTC asks PCGG to resolve board row
                    [Summary] => The government nominee in sequestered firms Philippine Overseas Telecommunications Corp. (POTC) and Philippine Communications Satellite Corp. (Philcomsat) has asked the Presidential Commission on Good Government (PCGG) to resolve the board problems hounding the two companies.


Enrique L. Locsin, Philcomsat president and concurrently POTC vice chairman, said in a letter to the PCGG that the board squabbles in the two companies "have caused much damage and prejudice to the interest of the government."


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                    [Title] => Sandiganbayan upholds POTC, Philcomsat sequestration
                    [Summary] => The Sandiganbayan has upheld the sequestration of Philippine Overseas Telecommunications Corp. (POTC) and its wholly-owned subsidiary Philippine Communications Satellite Corp. (Philcomsat). 


In a resolution, the Sandiganbayan’s Third Division denied the motion filed by defendants who claimed the sequestration order against POTC and Philcomsat was invalid and should immediately be lifted. 


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AFRICA-BILDNER

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                    [Title] => Untangling the knot (Part II)
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As a backgrounder, the controversy started with two factions squabbling over the three firms of Philippine Communications Satellite Corp. (Philcomsat). The government owns 40 percent of Philippine Overseas Telecommunications Corporation (POTC). POTC wholly owns Philcomsat which in turn owns 80 percent of Philcomsat Holdings Corp., a publicly listed company.


The boards of POTC and Philcomsat are both headed by Bildner and Victor Africa while PHC is led by Ramon Nieto and Enrique Locsin. Senator Enrile’s family reported owns 6.6 percent of Philcomsat.


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                    [Title] => Government nominee in Philcomsat, POTC asks PCGG to resolve board row
                    [Summary] => The government nominee in sequestered firms Philippine Overseas Telecommunications Corp. (POTC) and Philippine Communications Satellite Corp. (Philcomsat) has asked the Presidential Commission on Good Government (PCGG) to resolve the board problems hounding the two companies.


Enrique L. Locsin, Philcomsat president and concurrently POTC vice chairman, said in a letter to the PCGG that the board squabbles in the two companies "have caused much damage and prejudice to the interest of the government."


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                    [Title] => Sandiganbayan upholds POTC, Philcomsat sequestration
                    [Summary] => The Sandiganbayan has upheld the sequestration of Philippine Overseas Telecommunications Corp. (POTC) and its wholly-owned subsidiary Philippine Communications Satellite Corp. (Philcomsat). 


In a resolution, the Sandiganbayan’s Third Division denied the motion filed by defendants who claimed the sequestration order against POTC and Philcomsat was invalid and should immediately be lifted. 


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abtest

P150-M dibidendo dinugas sa POTC

December 21, 2007 - 12:00am

Bansa

Untangling the knot (Part II)

February 4, 2007 - 12:00am

As a backgrounder, the controversy started with two factions squabbling over the three firms of Philippine Communications Satellite Corp. (Philcomsat). The government owns 40 percent of Philippine Overseas...

Business

Senate’s real agenda

September 20, 2006 - 12:00am

The Senate opened last week an inquiry into the Philcomsat controversy. The inquiry, conducted by the Senate committees on government corporations and public enterprises and on public services, purportedly seeks...

Business

Government nominee in Philcomsat, POTC asks PCGG to resolve board row

January 27, 2006 - 12:00am

The government nominee in sequestered firms Philippine Overseas Telecommunications Corp. (POTC) and Philippine Communications Satellite Corp. (Philcomsat) has asked the Presidential Commission on Good Government...

Business

Sandiganbayan upholds POTC, Philcomsat sequestration

December 19, 2005 - 12:00am

The Sandiganbayan has upheld the sequestration of Philippine Overseas Telecommunications Corp. (POTC) and its wholly-owned subsidiary Philippine Communications Satellite Corp. (Philcomsat). In a resolution, the...

Business