PLDT faces extra PSE scrutiny over P 48-B price range overspend

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PLDT faces extra PSE scrutiny over P 48-B price range overspend



PLDT faces extra PSE scrutiny over P 48-B price range overspend
PLDT Inc. burdened that an inside audit triggered by the latest discovery of P48 billion in overspending within the final 4 years was nonetheless ongoing because the embattled telco big faces scrutiny over its regulatory disclosures to the general public.

The firm additionally performed down and denied components of an unique interview PLDT chair Manuel V. Pangilinan (MVP) gave to the Inquirer, the place he admitted to lapses of their supposed price range overruns that got here amid surging bills through the pandemic.

“The firm denies the veracity of the statements attributed to Mr. Pangilinan made in relation to ‘unrecorded transactions’ or ‘undocumented buy orders,'” PLDT mentioned in a Philippine Stock Exchan…

Keep on studying: PLDT faces extra PSE scrutiny over P 48-B price range overspend

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