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Execs of Iloilo power firm removed.

Philippine Daily Inquirer

| October 24, 2010 | COPYRIGHT 2001 Philippine Daily Inquirer Inc. (Hide copyright information)Copyright

Byline: Nestor P. Burgos Jr., Inquirer Visayas

ILOILO CITYThe National Electrification Administration (NEA) has ordered the removal of six officials of Iloilo Electric Cooperative 3 (Ileco 3) in connection with a questionable supply agreement with an independent power producer (IPP).

In a decision dated Oct. 4 and released on Oct. 18, the NEA Board of Administrators ordered the dismissal of Mateo Baldoza, Ileco 3 board president, and directors Emmanuel Pacardo, Joy Fuentes, Azur Salcedo, Achilles Pama and Vincent Frances Espinosa for gross neglect of duty.

Baldoza was also found guilty of grave misconduct for his admission that he accepted purported bribe …

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