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AN
official of the Philippine Communications Satellite
Corp. (Philcomsat) and Philippine Overseas
Telecommunications Corp. (POTC) filed a civil case with
the Sandiganbayan against the Presidential Commission on
Good Government (PCGG) and an official of the
Presidential Management Staff (PMS).
Concepcion Poblador, director and vice president of
Philcomsat and POTC, asked the antigraft court to stop
the PCGG and PMS Undersecretary Enrique Perez from
naming government nominees in the boards of Philcomsat
and POTC and nullify their previous stockholders’
meeting.
Poblador,
whose family owns 1,675 shares of the POTC which
represents roughly 12.38 percent, had accused PCGG
chairman Camilo Sabio and Perez of “illegally”
appointing nominees in the boards of directors of the
two firms through an illegal stockholder’s meeting on
November 19, 2007.
“It is
patent that the stockholders’ meetings were illegal, as
they were not called, authorized or convened by the
legitimate boards of POTC and Philcomsat. No such
meeting or election was held by POTC and Philcomsat, and
the matter was not even taken up by their respective
boards, where plaintiff sits as director,” she said in
her suit.
Those
whose appointments were questioned include Santiago
Rañada, Daniel Gutierrez and Allan Montano to POTC; and
Abraham Abesamis, Rodolfo Serrano and Ramon Jacinto to
Philcomsat.
Philcomsat is a telecommunications company that was
sequestered by the PCGG on March 14, 1986 on claims that
it was part of the ill-gotten wealth of associates of
the late dictator, the former President Ferdinand
Marcos.
The firm
is a wholly owned subsidiary of POTC. Poblador claimed
that the PCGG did not even inform the boards of the
Philcomsat and POTC about the letters of President
Arroyo where she expressed her intention to replace the
present government nominees, Guy de Leon, Enrique L.
Locsin, Manuel D. Andal and Julio J. Jalandoni.
Locsin
and Andal sit in both boards while de Leon has a seat in
POTC and Jalandoni in Philcomsat.
In
naming Perez a defendant in the case, Poblador said the
Malacañang official usurped the functions of the PCGG by
installing Mrs. Arroyo’s nominees to the boards.
Poblador asked the court to issue an injunction for the
PCGG, Perez and the new appointees not to make any
transaction on behalf of POTC and Philcomsat,
particularly in disbursing any funds.
She also
prayed for the nullification of the appointments and the
November 19 stockholders’ meeting. Poblador also asked
for a full inspection of both companies’ financial
records by an external auditor and said she is prepared
to post a bond to the amount to be determined by the
court. |
