Lawmakers grilled the owner of MT Princess Empress, the sunken tanker that caused a massive oil spill in Oriental Mindoro, in a joint House hearing by the committees on ecology and natural resources on Monday.
RDC Reield Marine Services Inc. President Reymundo Cabial drew the ire of lawmakers when he failed to answer questions on how much insurance they could collect. When Cabial said they have a coverage of $1 billion for protection and indemnity for oil pollution, he was asked if they could collect the maximum amount.
In response to committee chairperson Rep. Elpidio Barzaga’s question, Cabial said they secured an insurance for oil pollution and paid a premium of up to $22,000. The congressman directed the company to present proof or they would be cited for contempt. The company said they were not aware of the signing of a waiver. The Philippine Coast Guard , who is in charge of assisting claimants, also denied any knowledge of it.
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