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***two (2) stories***


story no. 1
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Camille P. Balagtas
People's TONIGHT
August 24, 2002



BARBERS TO INVESTIGATE MULTI-MILLION "GHOST DELIVERIES," AND PROCUREMENT ANOMALIES IN THE BUREAU OF FIRE
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SENATOR Robert Z. Barbers today sought an in-depth inquiry into the alleged anomalies in the procurement and repair of fire fighting equipment as well as the reported irregularity in the purchase of materials and supplies in the Bureau of Fire Protection (BFP) amounting to millions of pesos Of government funds.

Under Senate Resolution No 410, which Barbers filed over the week, he asked the Senate Committee on Public Order and Illegal Drugs to dig deeper into the issue noting that the BFP, for the past years has been a subject of numerous controversies on the reported irregular transactions, which have triggered the relief of several of its Chiefs.

"Despite the numerous invesugations conducted by various agencies, it seems that it only fell on the deaf ears of its administrators because past and present Bureau Directors could not curb the alleged wide spread corruption within the BFP," Barbers said.

The former Interior and Local Government Secretary added that one of the reasons why the said anomalies could not be effectively addressed is because of accusations that top officials of the Bureau themselves are the ones primarily involved in these anomalous transactions.

The Mindanao solon also said that documents submitted to his office will reveal that the legal and proper procedures in the procurement of supplies, programs and projects were not being followed by the Chief of the BFP whose modus operandi is in securing cash advances in cahoots with the Chief's "friendly suppliers."

"Among others, the documents alleged that no less than the Chief of the BFP instructed the Chief of the Supply Management Division to prepare a tailored program of procurement of supplies that are available only from favored suppliers and the infamous ghost deliveries involving millions of government funds," Barbers added.

Barbers pointed out that there are compelling reasons to look into the matter and for the BFF officials to shed light into the allegations saying that if these will be found factual, "it is a very serious crime which the perpetrators must face the grave consequences."///Camille p. balagtas




story no. 2
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Camille P. Balagtas
People's TONIGHT
August 24, 2002

SHIELD CONSUMERS FROM HIGH OIL PRICES
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In the wake of a series of external economic and political developments are likely to jack up prices of crude oil in the world market, opposition Senator Teresa Aquino Oreta called on Malacanang anew Friday to strongly consider the setting up of an oil buffer fund and the creation of an oversight committee to ensure fair pricing of fuel in the deregulated oil industry and shield consumers from steep adjustments in crude prices abroad.

"The recent series of external developments topped by a possible attack by the United States against Iraq, should prompt the government to study the creation of an oil buffer fund and and an oversight panel to shield our economy, already burdened by a swelling budget deficit and a weakening peso, from external events that could send local fuel prices spiraling and prices of basic goods skyrocketing beyond the reach of the ordinary consumer," Oreta said.

Oreta said an oversight committee, to be composed of representatives from the government, the private sector and consumer qroups, will be empowered to scrutinize the books of local oil companies to determine if their pump prices truly reflect the world price index.

A buffer fund, on the other hand. which is similar to the one established during the initial implementation of the Downstream Oil industry Deregulation Law, will help insulate consumers from the erratic movements of crude prices in the world market.

According to the Department of Energy (DOE. local fuel prices could rise following the increase in the prices of the benchmark Dubai crude to a three-month high of $26 a barrel.

Also cited as factors that could drive oil prices upward are the possible US military attack on Iraq and a likely retaliation by Iraq on other Middle-East oil producing countries; the reports of a slowdown in the output of the Organization of Petroleum Exporting Countries (OPEC) and the decline in oil inventories of the US, Japan and Europe.

Oreta said that instead of merely warning local oil giants like Petron, Caltex and Pilipinas Shell against taking advantage of the current situation, the government could go one step further and adopt a pro-active stance on this crucial economic concern by setting up an oversight committee, to help ensure transparency in the deregutated downstream oil industry and guarantee that oil companies would no longer capitalize on erratic price movements of imported crude oil to rip off consumers.

Oreta said an oversight committee would ensure that oil companies make price adjustments based on their existing inventories and on developments that twly reflect the movements of crude oil prices in the world market. ///Camille p. balagtas



 

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