Malacañang rejects lifting of Meralco TRO

MALACAÑANG on Wednesday opposed a petition to lift the Supreme Court’s temporary restraining order (TRO) on power rate adjustments as it warned the Manila Electric Co. (Meralco) and power generators that President Benigno Aquino 3rd will apply the full force of the law if there was collusion in setting electricity prices.

“[The] government believes that unjustifiable price hikes should not be passed on to the people. Therefore, the proposed petition for the lifting of the TRO is not consistent with the public interest,” said Presidential Communications Secretary Herminio Coloma Jr.