Another possible conflict of interest was raised during the Commission on Appointments’ confirmation hearing of Energy Secretary Raphael “Popo” Lotilla. | MAgerINQ
The said provision of the law states that “no stockholder or official of a generation company or distribution utility or other entity engaged in generating and supplying electricity within the 4th civil degree of consanguinity or affinity shall be allowed to hold any interest directly or indirectly in transco or its concessionaire,” the senator pointed out.
“You’re quoting a provision of the Epira and as far as I know, since in the case of my brother — he serves as an independent director, not of a transmission company, then the conflict of interest is not there,” Lotilla said.Hontiveros believes otherwise, saying “the principle remains the same” whether a person works in a company itself or a mother company.
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