Thread by @cnnphilippines

Three individuals on Monday filed a criminal complaint against Energy Secretary Alfonso Cusi, Udenna's Dennis Uy for the allegedly anomalous sale of Chevron's stake in the Malampaya natural gas project without proper evaluation and approval | @meltlopez

@meltlopez The complaint was filed before the Ombudsman office in Iloilo City by geologist Balgamel Domingo, his lawyer Rico Domingo says | @meltlopez

@meltlopez Former PNOC executive Ed Manalac says it's questionable to sell shares to a new player in Malampaya when the contract for private operations will expire in 2024: Atin na yun, bakit mo pa ibibigay sa iba? | @meltlopez

@meltlopez Former Supreme Court Justice Antonio Carpio weighs in on Malampaya stake sale to Udenna: This is the biggest presidential gift to a crony | @meltlopez

@meltlopez Manalac says gov't could have earned ₱21 billion in the next three years from the Malampaya project if it acquired Chevron's shares and ₱42 billion if it also took Shell's stake. Instead, these were given to Dennis Uy's Udenna | @meltlopez

@meltlopez Manalac says government could have made ₱138 billion, or about ₱48 million per day, in revenues more if it acquired Chevron and Shell's shares in the Malampaya project | @meltlopez

In a statement, DOE’s Cusi says the graft case appears to be politically motivated given his role as president of one of the warring factions of PDP Laban: ‘The case is speculative, without basis and malicious. The questioned transaction is above-board’ | @meltlopez

Cusi points out that petitioners Rodel Rodis & Loida Nicolas Lewis “were reportedly identified with the Oust Duterte movement in the US:” I have no doubt the truth will vindicate me and the innocent people dragged…for the singular purpose of political propaganda. | @meltlopez