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AP Renewables suspends disconnection of Abra cooperative

abrenian.com received a communication from Willy A. Rodolfo, Manager, Branding and Communications of AboitizPower informing us about the Disconnection of Power Supply in Abra:

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Thursday, September 27, 2012

AboitizPower subsidiary AP Renewables Inc. (APRI) announced that it suspended the disconnection of power supply to Abra Electric Cooperative (Abreco), originally scheduled for 12 noon today, Thursday 27 September 2012

APRI started delivering power to Abreco in December 2011. The notice of disconnection was issued September 18 in response to the electric cooperative’s repeated failure to settle their obligations since December to the geothermal-power producer APRI. At the time of the notice, Abreco’s obligations amounted to Php 53 Million broken down into: Php 32 Million Security Deposit and 21 Million of unpaid bills.

“The deferment is due to the timely intercession of Abra Governor Bersamin and Congresswoman Bernos. We are expressing confidence in the local leaders of Abra to help facilitate a fair and reasonable resolution to this issue at the soonest possible time. We believe the local officials and Abreco will continue to put the best interests of the people of Abra in this issue,” APRI Senior Vice President Juan Alfonso said.

“We would also like to thank the National Grid Corporation of the Philippines (NGCP) for their immediate technical support on our decision to defer the disconnection,” Alfonso added.

Related Story: Abra going dark?

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Discussion

15 thoughts on “AP Renewables suspends disconnection of Abra cooperative

  1. hingin nyo tulong ng mountain executioner (NPA) para matapos na mga kabugtahan ginagawa ng mga angkan ng mga suwapang sa pera at ganid sa kapangyarihan

    Posted by ka leandro ng NPA quezon command | September 27, 2012, 5:40 pm
  2. So what now? Is this the calm before the storm?

    Posted by DarkNight | September 27, 2012, 10:08 pm
  3. apay nagado met gayam utang t abrecon, adda pay utang da ken dymphna seares (wife of vice mayor allan seares) nga 3.5 milion nga colcollectaen ni maam dymphna nga 180k monthly as interest kadayjay inpautang na ti kooperatiba………

    Posted by sabidong | September 27, 2012, 11:13 pm
  4. What happen to share capital na binabayaran natin sa abreco? Malamang kasama nato sa mg nakurakot ng GM ng Abreco and Board of Directors. Mga buwisit..layas na kayo!!!

    Posted by bogart | September 27, 2012, 11:21 pm
  5. ABRECO now is on quandary. yan ba ang miembro ng CDA may itunulong na ba ang CDA sa Abreco. ha ha ha…..
    wala na baon na sa utang dina makaahon. Ibalik na lang ang Abreco under control and supervision ng NEA. NEA has the power to dissolve the BOD, remove the GM and file cases and also to other erring officials of the cooperative. (kasla iti naaramid ken Marco Bautista idi nga in-Audit ti NEA. Isu ti gapu na nga napan ti Abreco ti CDA to escape prosecution).

    Member consumers aggaraw kayon sakbay maladaw ti amin,

    Posted by totoy bato | September 28, 2012, 12:29 am
    • Po
      on September 27, 2012 at 7:20 am
      Assets of GM loreto seares jr.
      Hummer H3-2.5M
      Bmw 5 series-1.5M
      Bmw 3 series-900t
      Bmw 3 series-800t
      Nissan Murano-2M
      Nissan 370z sports car-1.8M
      Race car subaru-1.1M
      Subaru-1M
      Expedition-500t
      Evolution 10-2.9M
      Chevrolet trailblazer-1M
      Mazda 3-400t
      Mitsubishis,fords,chevys,mbz,toyotas,nissans iti aamin a BOARD OF DIRECTORS! Now do the math pretty boy loreto

      Reply ↓**as posted by a certain PO, it now makes sense why abreco is so bankrupt!

      Posted by Pepeng agimat | September 28, 2012, 6:39 am
  6. those mentioned local leaders above should initiate an investigation for those people who are responsible in this mess, ally or not in politics they should be held liable for graft.

    Posted by popoy | September 28, 2012, 10:07 am
    • Republic Act 9520

      “ART. 80. Annual Audit. – Cooperatives registered under this Code shall be subject to an annual financial, performance and social audit. The financial audit shall be conducted by an external auditor who satisfies all the following qualifications:

      “(1) He is independent of the cooperative or any of its subsidiary that he is auditing; and

      “(2) He is a member in good standing of the Philippine Institute of Certified Public Accountants (PICPA) and is accredited by both the Board and Accountancy and the Authority.

      “The social audit shall be conducted by an independent social auditor accredited by the Authority.

      “Performance and social audit reports which contain the findings and recommendations of the auditor shall be submitted to the board of directors.

      “The Authority, in consultation with the cooperative sector, shall promulgate the rules and standards for the social audit of cooperatives.

      “ART. 81. Audit Report. – The auditor shall submit to the board of directors and to the audit committee the financial audit report which shall be in accordance with the generally accepted auditing standards for cooperatives as jointly promulgated by the Philippine Institute of Certified Public Accountants (PICPA) and the Authority.

      “Thereafter, the board of directors shall present the complete audit report to the general assembly in its next meeting.

      “ART. 82. Nonliability for Defamations. – The auditor is not liable to any person in an action for defamation based on any act, done, or any statement made by him in good faith in connection with any matter he is authorized or required to do pursuant to this Code.

      “ART. 83. Right to Examine. – A member shall have the right to examine the records required to be kept by the cooperative under Article 52 of this Code during reasonable hours on business days and he may demand, in writing, for a copy of excerpts from said records without charge except the cost of production.

      “Any officer of the cooperative who shall refuse to allow any member of the cooperative to examine and copy excerpts from its records shall be liable to such member for damages and shall be guilty of an offense which shall be punishable under Article 140 of this Code: Provided, That if such refusal is pursuant to a resolution or order of the board of directors, the liability under this article shall be imposed upon the directors who voted for such refusal: Provided, further, That it shall be a defense to any action under this article that the member demanding to examine and copy excerpts from the cooperative records has improperly used any information secured through any prior examination of the records of such cooperative or was not acting in good faith or for a legitimate purpose in making his demand.

      “ART. 84. Safety of Records. – Every cooperative shall, at its principal office, keep and carefully preserve the records required by this Code to be prepared and maintained. It shall take all necessary precaution to prevent its loss, destruction or falsification.”

      Posted by Sulsol | October 1, 2012, 4:20 pm
  7. why it was not publish the news about the graft charges against takit? just asking?

    Posted by popoy | September 28, 2012, 10:10 am
    • awan met ngamin ti kina agpayso na ken diay charges against Takit….dagita ah Seares kada Luna ti kitaen yo ta nakabakbaknang dan….both Takit and Ma’am Ruby are pentioners…3 kids has good jobs in the US….graduate da ti college and have masters….dagitay ngay Luna???

      Posted by OmG | September 30, 2012, 6:01 pm
  8. Where is the investigation being initiated by the congresswoman, according to her she will bring the matter to the attention of the congress for inquiry? If we cannot count on her we will instead file a complaint before the Cooperative Development Authority (CDA). Yes to accountability and transparency….

    Posted by procopio | October 2, 2012, 10:28 pm
    • Problema ti abreco ti pakaseknan daytoy a blog….. diay problema yu ken takit…diay sabali a blog ti pagi post san yu……. ta mapagsisilpo tayo a nasayaat to istorya yu…. … back to topic…….. daytoy a problema tatta ti abreco ket na-anticiparan daydi James Bersamin..isu daytoy nakaigappuanan panangpatay da kaniana……. ti utang ti Abreco ket addan sipud payla idi….ngem sufficiente ti income na a mangbayad kadagitoy. idi inniggaman ni Marco
      nagrugin ti probleman….naangutan met daytoy a pagkarasan ti kwarta daguiti dadduma a buwaya… tatta buwaya ken buwaya ti agkakabil para ti nabati pay a sinsilyo diay pondo……. adu da unayen nga agtatakaw ti gobyernon…agkurang takawen da a pondo ti gobiyernon….inraman da gobyernun….sumaruno water district….ania pay ti mabalin a pagtakawan dagitoy……..

      Posted by kumaw | October 3, 2012, 6:32 pm
  9. jinraman da abrecon kunak kuma

    Posted by kumaw | October 3, 2012, 6:33 pm

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  1. Pingback: APRI issues 3rd disconnection notice to ABRECO « - November 7, 2012

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