MALACANANG on Friday downplayed the reported mass resignation of the officials of the Coconut Industry Investment Fund-Oil Mills Group (CIIF-OMG) to protest the appointment of Rehan Lao as the chief executive officer (CEO) of the company.
Citing a statement from Executive Secretary Salvador Medialdea, Palace spokesman Harry Roque Jr. said that the officials of the CIIF "voluntarily tendered their resignations."
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