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On 6 May 2024, the National Electrification Administration (NEA) Administrator Antonio Mariano C. Almeda personally endorsed several of the NEA’s administrative cases to the Department of Justice (DOJ). Almeda met with DOJ Undersecretary Jose R. Cadiz, Jr., referring several cases for the proper determination of possible criminal liabilities therein. The Electric Cooperatives (ECs) subject of the said cases include:

The Negros Occidental Electric Cooperative (NOCECO), wherein the NEA found the respondents therein administratively liable for having unduly granted themselves salaries, allowances, and benefits over and above the NEA’s Guidelines and without the NEA’s explicit approval, amounting to roughly Eighty-Two Million Pesos (PHP82,000,000.00) over the span of roughly three (3) years;

The National Electrification Administration (NEA) has remitted a total of P43,058,291.62 in dividends to the national government, which the Department of Finance (DOF) acknowledged on Monday during the 2024 Government-Owned or -Controlled Corporations (GOCC) Day.

NEA Administrator Antonio Mariano Almeda accepted the Certificate of Recognition signed by Finance Secretary Ralph Recto in a ceremony held at the Philippine International Convention Center (PICC) in Pasay City with President Ferdinand Marcos, Jr. and Executive Secretary Lucas Bersamin in attendance. 

The National Electrification Administration (NEA) welcomed on Monday the signing of a Memorandum of Agreement between the provincial governments of Oriental and Occidental Mindoro and their respective electric cooperatives (ECs) with the Maharlika Investment Corporation (MIC).

Leading the ceremony was NEA Administrator Antonio Mariano Almeda, with the event graced by MIC President and CEO Rafael Jose Consing, Jr., Occidental Mindoro Gov. Eduardo Gadiano, Oriental Mindoro Gov. Humerlito Dolor, and Department of Finance Usec. Catherine Fong.