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Win: Cusi must quit, face raps in shares sale of Malampaya

SENATOR Sherwin Gatchalian is pressing for the resignation of Energy Secretary Alfonso Cusi and other key Department of Energy (DOE) officials for “railroading approval of the sale” of Chevron Malampaya LLC Philippines’s 45-percent participating interest in the Malampaya gas project to “UC Malampaya an indirect subsidiary of Udenna Corporation.” In a… ....

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Udenna insists Malampaya deal legal, as citizens sue Cusi, firm

UDENNA Corp. (UC) of Davao businessman Dennis Uy maintained that the deal it sealed with a Chevron subsidiary that has a 45-percent stake in the Malampaya gas field is fair and above board. “At this juncture, we maintain that the acquisition of UC Malampaya Phils. Pte.,Ltd. [UCMP] of the shares… ....

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