Home World News Asia Philippines Philippine Tribune Remulla: Leandro Leviste Being Probed for Selling Mega-franchise Without Congress Approval 
Philippine Tribune

Remulla: Leandro Leviste Being Probed for Selling Mega-franchise Without Congress Approval 

Remulla: Leandro Leviste Being Probed for Selling Mega-franchise Without Congress Approval  thumbnail

Ombudsman Jesus Crispin Remulla confirmed that the government is investigating Batangas 1st District Rep. Leandro Leviste over the alleged sale of his mega-franchise without the required approval from Congress.

“Marami siyang ibang problema. Iyong prangkisa niya, iniimbestigahan na ngayon, iyong violation of franchise. Kasi dapat iyan iyong franchise ay hindi mo ninenegosyo. Batang-bata ka, ninenegosyo mo iyong franchise,” Remulla said.

Remulla was referring to Solar Philippines SP), a company established by Leviste in 2013 with the goal of making solar power more accessible and affordable across the nation.

In 2019, Solar Philippines was granted a 25-year mega-franchise by the Duterte administration to establish and operate solar-powered microgrids and distribute energy resources in unserved and underserved areas across numerous provinces.

In 2023, Leviste made headlines when he sold 14.6 billion shares of SP New Energy Corporation (SPNEC) to Meralco PowerGen Corporation (MGen) for about P18.26 billion.

“Wala ka bang kahihiyan? Anong klaseng tao iyan? Anong klaseng Pilipino yan? National franchise. Renewable energy is critical to the national life. Tapos ganun lang. Nabenta mo? Ipi-flip mo lang? Nanay mo pa senador,” Remulla stressed.

The Ombudsman said the sale should have been approved first by Congress since the franchise is non-transferable without the go-signal from legislators.

Remulla further revealed that as many as 84 related contracts have been cancelled, raising alarm over the potential impact on the country’s energy supply.

“Imagine, the effect on the national energy situation. Sasabihin mo ito ang forecast natin sa energy. Andiyan ang DOE naniniwala sa iyo, iyon pala drawing lang. Hindi nangyari,” he added.

The Ombudsman also pointed out that Leviste is attempting to divert attention away from the franchise controversy by raising other issues, such as the flood control scandal.

“Gusto niyang ibahin ang usapan. Hindi puwede iyon. Ito muna ang pag-usapan natin bago ang lahat,” Remulla said.

Read More

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Korean Mystery Series ‘The Art of Sarah’ Premieres Feb 13 on Netflix

Netflix is set to unveil its first Korean mystery thriller series of...

Netflix and HYBE Announce Global Live BTS Comeback Performance and Feature-Length Docu

Attention Army: BTS is back with a historic comeback event that fans...

Humidifier or Dehumidifier: Which One Do You Really Need in Your Home

Humidity plays a crucial role in comfort, health, and the integrity of...