Bangued, Abra: Huge debts of the ailing Abra Electric Cooperative (Abreco) that has ballooned to over P600 million, from P300 million in the last three years, was allegedly caused by mismanagement of fund.
The fragile situation of Abreco was revealed by documents from the National Electrification Administration (NEA), the National Grid Corp. of the Philippines (NGCP) and other government agencies.
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