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SOURCE: Press and Public Affairs Bureau


ONEROUS TADECO CONTRACT

ONEROUS TADECO CONTRACT
 

11 October 2017 05:34:38 PM

The Philippine government is losing billions of pesos as a result of the onerous contract between the Bureau of Corrections (BuCor) and Tagum Agricultural Development Company Inc. (TADECO). This became more evident as the House committees on good government and public accountability chaired by Rep. Johnny Ty Pimentel, and the committee on justice chaired by Rep. Reynaldo V. Umali resumed their hearing on House Resolution No. 867 filed by Speaker Pantaleon D. Alvarez. This is the fourth hearing conducted by the two committees on the matter. Those who attended were Speaker Pantaleon G. Alvarez, Deputy Speaker Gwendolyn F. Garcia (3rd District Cebu), Reps. Carlito S. Marquez (Lone District, Aklan), Makmod D. Mending, Jr. (Party-list, AMIN), Eugene Michael B. De Vera (Party-list, ABS), Pablo C. Ortega (1st District, La Union), Jerry P. Treñas (Lone District, Iloilo City), and Roger G. Mercado (Lone District, Southern Leyte). Others present were executives of Tadeco, officials from Bucor, DENR and other government offices. / FG/PC

 
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