Archive for April 20, 2009

Compromise between Labrador and Transco


LABRADOR – Provincial Legal Officer Atty. Geraldine Baniqued says it is practicable for Mayor Ernesto Acain of this town to seek a compromise with electric provider TransCo that owed the town with business-site back taxes worth P 100 million from years 2000 to 2005.

This despite the garnishment filed by the mayor last year that stalled the P 76 million deposit of TransCo at the branch of Land Bank in Manila.

Baniqued explains that if the mayor –who is in his last term – has to exhaust all the legal remedies in a lengthy legal battle against the respondent, it would not be politically good under his watch.
(more…)

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April 20, 2009 at 5:51 am Leave a comment


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