‘Murang kuryente bill to benefit big firms’

MANILA, Philippines --- The impending passage of the so-called "murang kuryente" bill, which seeks to use the P207-billion Malampaya Fund to pay off the debts of National Power Corp (Napocor), will only benefit big corporations, and will not ease the sufferings of consumers from the high cost of electricity, party list group Bayan Muna warned on Saturday. Bayan Muna Rep. Carlos Isagani Zarate expressed concern that the measure, which passed the bicameral committee in March, would only circumvent the law that governs the disposition of the Malampaya Fund. "While we want to lower the rate of electricity, big corporations should not be the ones to benefit from the taxpayer money, incl...Keep on reading: ‘Murang kuryente bill to benefit big firms’

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