Close  

Water firms to appeal SC ruling

/ 05:00 AM September 19, 2019

The two concessionaires of Metropolitan Waterworks and Sewerage System (MWSS) intend to ask the Supreme Court to reconsider a decision announced in August, which imposed fines of about P1 billion each company for violation of the Clean Water Act.

Both Maynilad Water Services Inc.—through owners Metro Pacific Investment Corp. (MPIC) and DMCI Holdings Inc.—and Manila Water Co. said yesterday they had received a copy of the decision promulgated on Aug. 6.

ADVERTISEMENT

The Supreme Court said each concessionaire, separately as well as jointly with MWSS, was liable to a total of about P921.5 million in penalty effective since May 7, 2009.

The respective fines should be paid within 15 days from when the decision has become final. They will be slapped an additional fine that starts at P322,101 per day of failure to settle the penalty. This will increase by 10 percent every two years of failure.

FEATURED STORIES

Also, the Supreme Court said the total amount of fines imposed by the decision should earn an interest of 6 percent yearly from finality and until full settlement of the fines.

In its decision, the high tribunal affirmed, albeit with changes, the decisions of the Court of Appeals that find Maynilad, Manila Water and MWSS guilty of violating Section 8 of the Clean Water Act.

The law mandates these entities to connect all existing sewage lines to the available sewerage system within five years from its effectivity, which started on May 6, 2004.

“We would like to affirm that [we] will exercise all legal options, including the filing of a motion for reconsideration by Oct. 2,” Manila Water said in a regulatory filing.

Also, in separate disclosures to the Philippine Stock Exchange, MPIC and DMCI said Maynilad would do the same on or before Oct. 2.

ADVERTISEMENT
Read Next
LATEST STORIES
MOST READ
Don't miss out on the latest news and information.
View comments

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: Clean Water Act, DMCI Holdings Inc., Metro Pacific Investment Corp. (MPIC), Metropolitan Waterworks and Sewerage System (MWSS)
For feedback, complaints, or inquiries, contact us.
entertainment

Louise’s ‘dry run’ for marriage

December 13, 2019 12:30 AM

opinion

Katutubo

December 13, 2019 12:30 AM

entertainment

When movie queens meet

December 13, 2019 12:25 AM



© Copyright 1997-2019 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.