Meralco will lose the fight against GSIS
August 1, 2008 § 2 Comments
Whatever people say about Winston Garcia (that he’s a slob, a big-time operator, a company raider, etc.), there’s now a big chance for him to win this fight against Meralco. Why?
First, Meralco just won the case against GSIS yet the victory seems more pyrrhic than anything. Charges of corruption and high-stakes bribery have tainted the victory. In fact, it seems too obvious that Meralco is falling into a pathological trap.
ABS-CBN is reporting about the row between CA Justice Jose Sabio and his friend, De Vera. In the end, all suspicions will definitely lead to Meralco’s doorsteps because the conversation is favoring government who maintains its silence while Sabio and his friend fight it out for space to be heard. Eventually, GSIS will enter into the picture to demand another chance to appeal the case. And, by that, I believe, GSIS will win this war of attrition.
The Lopez Group is also starting to employ an old PR crisis tactic–shifting the blame to another. Read Geny Lopez speech. He’s blaming ABS-CBN for its woes. He alleges that politics is behind government’s attempts at destroying the Lopez crown jewel. He points to another of their assets–ABS-CBN 2–as the one to be blamed since the network reportedly maintain an advertorial stance against Arroyo.
This is obviously a tactic for the public to forget that the main issue is its monopoly of the power distribution sector. That monopoly, obviously, is hurting millions of families because Meralco charges exorbitant power rates. Meralco wants the people to forget that it’s charging so much and all of these are mainly due to ABS-CBN versus Malacanan.
Such is NOT the case because, as we know, Meralco is really charging so much against the people. And government should definitely do something about it. It is government’s job to safeguard the people’s welfare. By going after Meralco, government hopes to lower at least, these high electricity rates.
Going back, public sympathy is actually shifting in favor of the GSIS. In the next few days, when this Sabio-De Vera verbal fight simmers down, we expect GSIS to file a reconsideration which the Court of Appeals could probably issue a favorable ruling.