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Tuesday, May 27, 2008

 

GSIS reveals Meralco plot to heckle Garcia

By Likha Cuevas-Miel, Reporter

The plot seems to get uglier, if the state pension fund is to be believed.

On Monday, eve of a stockholders’ meeting of the Manila Electric Co. (Meralco), the Government Service Insurance System (GSIS) revealed an alleged plan of the Lopez-owned utility to heckle and discredit its general manager and president, Winston Garcia.

During a briefing, lawyer Estrella Elamparo, also GSIS chief legal counsel, told reporters that a group of Meralco employees, together with some members of a non-Meralco-based labor union, came forward and informed the pension fund’s public affairs office that there was a “rehearsed drama” and staged heckling of Garcia in today’s stockholders’ meeting.

“The plan was hatched by certain officers, certain persons in the management of Meralco, to [restrain] the rights of shareholders, especially GSIS, to be heard” in the meeting, Elamparo said.

Among those named responsible for the alleged script were Leonisa de la Llana, head of Meralco’s human resources and corporate services; Ruben Sapitula, vice president for human resources; and Ricky Concepcion, senior manager.

Part of the script, the GSIS lawyer said, was for the Meralco employees attending the meeting to jeer and boo Garcia or any GSIS representative whenever they would try to speak during the stockholders’ meeting.

“We were informed that as early as today [Monday], the employees have been told that they should fill up the venue, Meralco Theater, by as early as 6 to 6:30 a.m. tomorrow [Tuesday]. The beginning of the registration is at 7:30 a.m. So apparently they have told the employees to be there as early as 6 a.m. in order to get the best seats and so as not to give enough seats for the other shareholders who would want to attend,” Elamparo said.

Besides heckling, there was also another alleged plan to deploy the Meralco employees to pose as disgruntled employees or members who would air their grievances against GSIS during the meeting. “They would try to deflect the issue on what is to happen tomorrow by talking about alleged grievances against GSIS,” the GSIS spokesman said.

Elamparo added that these employees would be allowed to bring placards and, as part of their supposed drama, the hecklers will be picked up by Meralco guards. “But instead of taking them to the appropriate authorities, they will be brought to the Meralco Lighthouse and treated to a sumptuous lunch as a ‘talent fee’ for their actions,” she said.

‘Talent fee’

Elamparo added that members of the media will be prohibited from doing live coverage of the Meralco meeting. “I think all of us are interested in what is to happen tomorrow. We are afraid that our voices will be muffled,” she said.

The legality of the alleged actions of Meralco management, according to Elamparo, “will have to be studied” as GSIS’ rights as a shareholder have been “violated from the very beginning,” when the pension fund asked for pertinent information such as a validated list of proxies.

She said the Meralco employees were made to sign proxy forms and claimed that 3,000 of the 4,000 of the proxies validated came from the ranks of Meralco employees. Elamparo noted that the proxy forms were uniform, were color-coded and the wordings were the same. “Obviously they were solicited,” she said.

Proxy forms are documents that state that a shareholder is authorizing somebody else to vote or exercise his right on his behalf during a stockholders’ meeting.

In a text message to The Manila Times, Jesus Francisco, Meralco president, said he has “no knowledge of any such plan.”

“I hope there will be no disturbances. The situation is charged enough. Personally, I am not aware of any such plot,” he added.

A Meralco employee, who refused to be named, told The Times that their bosses “encouraged but not forced” shareholder-employees to come to the meeting at 6 a.m. The employee said there were no instructions to heckle Garcia.

There also was also no “free day” for the Meralco employees, as GSIS had claimed, so that they can attend the meeting, the source said. If the meeting finishes early, he added, the employees would still have to go back to their duties.

TRO on Meralco not true

Meanwhile, Elamparo said the GSIS did not intend to file a temporary restraining order to stop the stockholders’ meeting today as reported earlier because it wants to participate in it. Representatives from the state pension fund confirmed that Garcia would attend the meeting but that he would be “entering a lion’s den” if he did.

She, however, admitted that the state fund was preparing a criminal and civil case against the country’s largest power distributor two weeks ago but this was held in abeyance “hoping that [Meralco] management will somehow listen and would somehow start giving us information.”

   

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