Issue of April 12, 2015
Mt. Province

Baguio Day Anniversary Issue
Other Links:
Fate of IPO’s royalty funds still uncertain
by Jimmy K. Laking

An estimated P500 million in royalty funds arising from the operation of the Philex Mines remained untouched in the banks unused and their fates stuck in limbo.

Indigenous peoples’ representative Blas L. Dalus, who sits as ex-officio board member, said last week there was no certainty on whether or not the funds will be released to the beneficiary communities.

Equally uncertain was the probability that the disputing parties coming from beneficiary communities would settle their differences, said Dalus.

“There are no negotiations to settle their differences so far,” said Dalus, adding that the efforts of Commissioner Brigitte Zenaida H. Pawid of the National Commission on Indigenous Peoples to bring the parties to an agreement have been unsuccessful so far.

Last year, the NCIP took steps to reorganize the indigenous people’s organization affected by the operation of the Philex Mines but discontinued it after two groups opposed it on the ground that the NCIP had no authority to undertake reorganization.

Then NCIP acting regional director John Ray Libiran told the board that the groups in fact filed a case at the Ombudsman against Pawid and the regional director to firm up their opposition.

He said this was unfortunate considering that per en banc resolution of the NCIP, only Pawid was authorized to transact with Philex and the IPO in a bid to settle the conflict.

Dalus said intended beneficiaries have not been paid since 2009 after the NCIP sought court order that barred the banks from releasing the funds.

Four indigenous peoples’ groups, each claiming to be the real representative of the affected communities, wanted a share in the royalties.

Attempts to validate the council of elders of the four IPOs were opposed even as cases were filed in court directed against the disbursement of the royalties.

The NCIP has been barred from acting on an appeal to set up an umbrella organization to manage the royalty funds because of the cases pending in court.

Custom Search

Other news
:: PDRCI ruling on CJH row affirmed by RTC
:: Demolition of Dairy Farm bldgs on track
:: SEC warnings vs investment firms renewed
:: City Hall’s historical value marred by high–rise bldgs

Baguio Central University
Lepanto Consolidated Mining Company
MMS Development Training Center Corporation
Pines City Colleges
SM City Baguio
Technical Education & Skills Development Authority
University of Baguio

Abanao Square
Brent International School
Data Center College of the Philippines
Gov. Leonard G. Mayaen
Interlink Security Management Corp.
Mayor Mauricio Domogan
Medline International Training Institute of Baguio
Pag-IBIG Fund
Philex Mining Corporation
Pines City Colleges
Pugad Pugo Adventure
Rep. Ronald M. Cosalan
SN Aboitiz
Texas Instruments
UP Baguio

Assumption Medical Diagnostic Center, Inc.
Baguio City Council
Baguio Memorial Chapels, Inc.
Baguio Water District
BSBT College
Curamed Pharmacy
Department of Agrarian Reform - CAR
Department of Agriculture–RFO–CAR
Department of Public Works and Highways - CAR
Department of Trade and Industry – CAR
Fabulo Beauty & Image Salon
Far East Pacific Commercial
Filipino – Japanese Foundation of Northern Luzon, Inc.
Forest House
GMS Technology
Goshen Land
Governor Nestor B. Fongwan
Healthforce1 Nursing Review Center
Heidelberg Philippines, Inc.
Hotel Elizabeth
Jaime V. Ongpin Foundation, Inc.
Kalapaw Restaurant
Maybank - Baguio Branch
Mayor Greg T. Abalos Jr.
Nagomi Spa
National Police Commission - Philippine National Police - Police Regional Office - CAR
NIIT – Baguio
Nova Lodge
Philippine Women’s University – CDCEC Baguio City, Inc.
Philippines Science High School – CAR
Rep. Bernardo Vergara
Rep. Maximo Dalog
Sangguniang Panlalawigan
Small World Christian School Foundation
The Golden Pine Hotel
VTA International Realty Corporation
Home | About Us | Editorial Policy | Contact Us
News | Opinion | Snapshots | Week's Mail | Obituaries
Copyright © 2007. All Rights Reserved.