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Thursday, November 08, 2007
Delinquent accounts of ex-Ceneco officers bared

SEVEN former Central Negros Electric Cooperative (Ceneco) officials have huge outstanding accounts and unliquidated cash advances in the coop.

This revealed by Ceneco president Roberto "Bobby" Montelibano in a press conference held at the coop's conference room Wednesday morning.

Post comments here on President Gloria Macapagal Arroyo's grant of pardon to former President Joseph Estrada.

Post your comments on the explosion at the Glorietta 2 mall in Makati City.

Among the "Magic Seven" are Ed Guillem with P11,758.75, Felixberto Verba - P360,101.98, Primo Esleyer - P44,741.65, Alex Espino - P88,291.99, Reynaldo "Papang" Novero, Sr. - P10,643.00, Felix "Lex" Hiballes - P90,035.99, and Luis Ledesma - P79,315.66.

Except for Guillem, who was a former Ceneco president, the six others were former board directors.

Others who also have huge standing accounts in the coop include Restituto Abaring (P10,123.82), Nicanor Boncalon (P5,529.48), Pamela Henares (P167,039.23), Ma. Regina Parre$o (P62,748.31) and Ricardo Sayson (P34,962.33).

Montelibano told the "Magic Seven" that the coop will soon issue a demand letter for them to settle their respective accounts for book balancing, liquidation, and adjustment.

Montelibano also explained, "All these transactions are now treated as 'aging' accounts but as a good steward, I must account for all existing transactions Ceneco had entered into."

"There are accounts that were declared unauthorized by the National Electrification Administration (NEA) a year after the individual concerned had used the amount," he added.

"But those who cannot be justified, the individual involved must be held accountable. It is unfair for the ordinary citizens to receive disconnection notice or disconnected altogether for past due accounts while their former cooperative officers are enjoying unjustified benefits," Montelibano warned.

Montelibano also commended Batapa-Sigue for urging Mayor Evelio Leonardia to convene the local finance council to discuss the City's standing arrears amounting to almost P183 million.

"The matter between the city's electric bill amounting to more than P183 million a month ago and its claim of franchise taxes to be collected from Ceneco should be studied well by both parties," Montelibano said.

"Ceneco is not earning so we need all the help it can get especially from the City Government so we can avail of the prompt payment discount from the National Power Corporation (Napocor)," he said.

Montelibano added, "Ceneco is targeting P4 million every month for prompt payment so that this discount can be availed of. Fifty percent will go back to the consumers. So check your bills this month."

As far as Ceneco is concerned, it is ready to sit down with Leonardia to come up with the best arrangement for the City to pay its outstanding electric bill, he added.

Likewise, he also asked media to help in Ceneco’s campaign for member consumers to pay bills promptly. (GABS)

For more Philippine news, visit Sun.Star Dumaguete.

(November 8, 2007 issue)
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