Panga stays as Peza OIC, says Palace | Inquirer Business

Panga stays as Peza OIC, says Palace

/ 02:32 PM February 07, 2023

The designation of Philippine Economic Zone Authority (Peza)  Officer-in-Charge and Director General Tereso Panga as the interim head of the investment promotion agency was finally confirmed by the Office of the President (OP).

In a letter to the Peza Board of Directors dated Jan 23 and signed by Executive Secretary Lucas Bersamin, the OP cited Memorandum Circular No. 1 series of 2022 as the basis of its assessment.

ADVERTISEMENT

In particular, the letter said that Peza is included in the roster of government agencies covered by the memorandum, which meant the position of former Peza chief Charito Plaza, whose appointment was co-terminus with the term of former President Rodrigo Duterte, was deemed vacated.

The letter also reinforced Panga’s designation, being the next-in-rank and most senior official.

FEATURED STORIES

“The designation of (director general) Tereso Panga as the Peza OIC is valid and in accordance with the above-mentioned issuances,” it said.

“In view of the foregoing and to ensure the continuity in the government operations, (director general) Panga shall continue to perform and discharge his functions as OIC of Peza unless otherwise directed,” according to the letter.

Early last month, Panga’s assumption of the position of  interim head of the investment promotion agency  was  questioned,  with three former employees and one current employee filing a complaint in the Office of the Ombudsman.

The petition accused Panga of usurpation of authority referring to the previous tiff with the Plaza, who was removed as head of the investment promotion agency following the assumption into office of President Marcos Jr.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

Read Next
Don't miss out on the latest news and information.

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: leadership, Office of the President, Peza
For feedback, complaints, or inquiries, contact us.
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Curated business news

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.



© Copyright 1997-2023 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.