Law of Duterte Land podcast

[PODCAST] Law of Duterte Land: Scrap Malampaya deal with Dennis Uy – IBP

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[PODCAST] Law of Duterte Land: Scrap Malampaya deal with Dennis Uy – IBP
We talk to to Fernando Peñarroyo, IBP's presidential adviser on energy

Joining the growing chorus of criticisms against the Malampaya buyout by Dennis Uy, President Rodrigo Duterte’s campaign donor, is the Integrated Bar of the Philippines (IBP).

The IBP, the mandatory organization of Filipino lawyers, called on the Department of Energy (DOE) to scrap its approval of Chevron’s transfer of shares to Uy’s Udenna subsidiary UC Malampaya, and pause the impending acquisition of Shell’s Malampaya shares by another Udenna subsidiary, Malampaya Energy XP.

Law of Duterte Land Podcast speaks to Fernando Peñarroyo, IBP’s presidential adviser on energy, who said that for the group, it is more sound for the government to instead take up the 90% shares of Shell and Chevron instead of allowing it to be transferred to Uy’s subsidiaries.

We talk to Peñarroyo, a geology graduate with vast experience in energy companies and groups, on why IBP is driven to speak, and why Malampaya is also an issue concerning the rule of law.

Listen to the podcast for a deeper discussion.

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