The impasse plaguing the Energy Regulatory Commission (ERC) after four of its commissioners were suspended may dissuade local and foreign investors to put their funds in the country, its chief said.

In a media briefing, ERC Chairman and CEO Agnes Devanadera said the paralysis resulting from the Office of the Ombudsman’s recent suspension of Gloria Victoria Yap-Taruc, Alfredo Non, Josefina Patricia Magpale-Asirit and Geronimo Sta. Ana for one year without pay might discourage foreign investors from coming to the Philippines and help the country develop its energy sector.

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