‘Tainted’: Advocacy group wary of appointment of another ex-AboitizPower official

The Power for People Coalition (P4P) has expressed concern over the appointment of former Abotiz Power Corp. chief legal counsel and compliance officer Monalisa Dimalanta as chairperson of the Energy Regulatory Commission (ERC).

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Dimalanta is the second Marcos appointee with ties to the Aboitiz Group. Raphael “Popo” Lotilla, a former independent director of AboitizPower, now heads the Department of Energy.

“Yet again we see another appointment tainted with the interest of private companies. In the midst of unceasing electricity price hikes and inflation, it seems that consumer welfare has been once again neglected,” said P4P conveyor Gerry Arances.

Ready to take charge! Lotilla resigns as director of AboitizPower due to his appointment as DOE chief

Arances challenged Dimalanta to “offer relief to electricity consumers by finally prioritizing affordable and reliable renewable energy sources and putting a stop to the ridiculous attempts by energy and fuel companies to pass on charges despite posting billions of income,” Arances said.

“We long for the day when the ERC is represented by someone completely devoid of any ties to a private entity such as Aboitiz, which is involved in supplying dirty and expensive sources of energy with their seven coal plants,” he noted.

For his part , Senator Win Gatchalian welcomed the appointment of Dimalanta and urged its new chief to carry out the same mandate in undertaking measures to protect electricity consumers.

“I am looking forward to continued collaborative initiatives with the ERC under the new leadership of Atty. Mona Dimalanta. She is a good lawyer with good technical capabilities given her notable career in the energy sector,” Gatchalian said.

Dimalanta has worked with the Office of the Senator on multiple occasions during public consultations and committee hearings when Gatchalian was chairman of the Energy Committee.

Bringing ‘hilot’ to the world

Going on a wellness retreat has been a yearly tradition for Nepal’s lone billionaire, Binod Chaudhary. Fifteen years ago, the pursuit for health brought the adventure-seeking Binod to the Philippines. He booked a detox program at The Farm at San Benito, a world-class wellness resort in Lipa, Batangas.

MPIC CFO Joins WBA Allies’ Assembly 2022

Metro Pacific Investments Corporation (MPIC), the country’s leading infrastructure investments company, represented by its Chief Finance, Risk, and Sustainability Officer Chaye A. Cabal-Revilla, joined the World Benchmarking Alliance’s (WBA) Allies’ Assembly 2022 as a speaker and panelist in Cape Town, South Africa.

MPIC CFO Joins WBA Allies’ Assembly 2022

Metro Pacific Investments Corporation (MPIC), the country’s leading infrastructure investments company, represented by its Chief Finance, Risk, and Sustainability Officer Chaye A. Cabal-Revilla, joined the World Benchmarking Alliance’s (WBA) Allies’ Assembly 2022 as a speaker and panelist in Cape Town, South Africa.

US inflation eases in July amid falling oil prices

US inflation eased slightly in July, according to official data Wednesday, potentially taking pressure off the Federal Reserve to hike interest rates sharply while bringing a much-needed boost to President Joe Biden just months before crucial midterm elections.