Ombudsman reprimands GSIS chief, 4 officials over P1.45B Alternergy investment
--------------------------------------------------------------------
Source: The Manila Times
Published: 2026-08-04 13:32 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Philippines, Energy, Tax & Budget, World News, Business & Economy, Environment & Climate, Asia Pacific
--------------------------------------------------------------------
Snippet:
MANILA, Philippines — The Office of the Ombudsman has found Government Service Insurance System (GSIS) President and General Manager Jose Arnulfo A. Veloso and four other officials administratively liable for violating reasonable office rules and regulations over the state pension fund's P1.45-billion investment in renewable energy firm Alternergy Holdings Corporation (AHC).
--------------------------------------------------------------------