Inquiry on P62B claim of NPC employees

Senator Sergio R.Osmena III, Chairman Committee on Energy, along with Senator Teofisto Guingona III, presiding the inquiry into the P62-billion claim of the NPC Drivers and Mechanics Association (DAMA) from the National Power Corporation (NPC) and Power Sector Assets and Liabilites Management Corporation(PSALM) on Thursday (December 4, 2014) at the Senate in Pasay City. (PNA Photo)

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Department of Finance Secretary Cesar Purisima, Department of Budget and Management (DBM) Secretary Florencio Abad and Energy Secretary Carlos Jericho Petilla. In their testimony before the Senate, PSALM president and CEO Emmanuel Ledesma said PSALM will be forced to charge higher electricity rates, while NPC president and CEO Gladys Cruz-Sta. Rita said NPC may be forced to close shop if the claim will be enforced. (PNA Photo)