Confiscating property, pinalagan of PECO — Philippine Star Today



MANILA, Philippines Filed a petition in the Mandaluyong Regional Trial Court the Panay Electric Company (PECO) to kuwestyunin the made act of Congress that gives power to the opponent own company to “confiscate” all of its properties in pagsusuplay of electricity in the city of Iloilo and neighboring areas. According to the company, whether the Constitution is violated by the RA finish to allow the Monte Oro Resources Energy (MORE) to take the property of PECO that naipundar its almost hundred years of its pagsusuplay of electricity on the island of Panay. Specifically kinukuwestyon of PECO is the Section ten and Section seventeen of RA provided by the Congress in MORE in a year and approved in turn last month. Aim also of the petition ordered by the court the Department of Energy (DOE) and Energy Regulatory Commission (ERC) to stop the implementation of RA while hears the issue.

Pointed out yet that even if the Constitution sets out who cannot get a private property without adequate compensation