CDC prexy gives ultimatum to top execs to explain 'anomalies'
CLARK FIELD, Pampanga - Clark Development Corp. (CDC) president Sergio Naguiat issued a 72-hour ultimatum to the three vice presidents and eight department managers of the state-owned firm to explain why they should not be charged with graft and corruption in connection with certain alleged anomalies.
The three CDC vice presidents - Francis Elum (business development), Rolando Tongco (technical services) and Buenaventura Antonio (finance) - received the ultimatum last Friday afternoon.
Earlier, Naguiat bared a massive revamp at CDC, affecting the three vice presidents, executive vice president Hilana Timbol-Roman and a number of department managers.
This developed as some 550 members of the Association of Concerned CDC Employees (ACCES) vowed to continue during the Holy Week the daily noise barrage they started at the CDC grounds last Thursday.
In a manifesto, ACCES sought the intervention of President Estrada to solve what it claimed as "chaos" at the CDC.
Naguiat, who took over as CDC president only last February, told The STAR that the protest moves against him were "well-funded" and provoked by the vice presidents he is set to fire.
Naguiat also issued the 72-hour ultimatum to department managers Dean Santiago, Monina Pineda, Lycette Ramos, Cynthia Marigundon, Adora Barcelona, Anthony Rodriguez, Noel Mananquil and Rodolfo Arias.
For instance, Elum was asked to explain findings of the Senate Blue Ribbon Committee on his approval of import permits that paved the way for the alleged smuggling activities of duty-free stores here. -
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