Statement on the Most Incredible Crony Agreement in History

The Sangguniang Laiko ng Pilipinas (Council of the Laity of the Philippines) supports the graft case filed against the Malampaya Stake Sale to Udenna involving Energy Secretary Alfonso Cusi and Businessman Dennis Uy.

No less than Senator Sherwin Gatchalian, Chairman of the Senate Committee on Energy, said that in the three recent hearings conducted by the Senate, documents coming from the Department of Energy (DOE) itself show that Udenna is not qualified. The DOE, as the records will show, violated P.D. 87 (the law which governs this type of transaction) and its own Circular (DC 2007) as well, and customized its approval to make it appear that Udenna is qualified to buy the shares of Chevron.

We agree with how the complainants describe this sale as the most incredible crony agreement in history. The undue advantage given to Dennis Uy, a known close supporter of President Duterte is horrendously appalling, tantamount to theft of our precious natural resources and putting the country’s energy security at risk.

This 28 Billion Peso deal was arrived at while encountering “insufficient foundation of legal basis”, thereby making the DOE approval invalid and its processes utterly defective.

We call on the Senate of the Republic of the Philippines and the Office of the Ombudsman to exert every effort to protect the interest of the government and of our people.

For the Sangguniang Laiko ng Pilipinas,

ROQUEL A. PONTE
National President
28 October 2021

https://www.youtube.com/watch?v=Sm0I2MyZh2Y https://newsinfo.inquirer.net/1503944/does-cusi-dennis-uy-slapped-with-graft-raps-due- to-sale-of-malampaya-shares-to-udenna

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