Energy regulator orders VECO to probe ‘extortion’

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The Energy Regulatory Commission (ERC) has directed Visayan Electric Company (VECO) to conduct a prompt and thorough investigation of the alleged rampant extortion from its contractors or volunteers. Read it here:

“The number of incidents reported to the Commission which involved either VECO contractors or volunteers or both allegedly extorting money from VECO’s consumers to expedite the restoration of their electricity is alarming and needs the immediate appropriate action by VECO,” ERC chairperson and chief executive officer Agnes Devanadera said.

The ERC also directed VECO to include in its report the actions taken against those involved, if any, and the measures put in place to prevent extortion from being committed.

 

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