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Defrauded of P566-M, pork barrel scam victim Philforest too broke to pay tax liabilities


Published May 7, 2021, 9:59 PM
Defrauded of over P566 million that led to its abolition in 2013, the Philippine Forest Corporation has become so broke that it could not even pay the Bureau of Internal Revenue of its tax liability which is a requisite in closing its book of accounts.
In a Management Letter on the Philforest audit conducted last year, the Commission on Audit said Philforest still cannot close its books of accounts as required under COA Circular No. 92-0375 “despite the lapse of seven years from” the approval of its abolition in 2013.
In the letter sent recently to Natural Resources Secretary Roy A. Cimatu, Supervising Auditor Ma. Linda C. Decena cited the agency’s failure to pay P3.395 million in tax liabilities to the Bureau of Internal Revenue as among the causes of delay in the implementation of the winding of operations of state-run firm. ....

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Nestlé PHL makes new commitments to achieve net zero emissions


BusinessWorld
May 3, 2021 | 12:31 am
NESTLÉ PHILIPPINES, Inc. on Friday made new commitments to achieve net zero emissions not later than 2050, including reducing virgin plastics consumption by a third and cutting 30% of greenhouse gas (GHG) emissions in local operations by 2025.
“We will cut down virgin plastics consumption by one-third by 2025,” Nestlé Chairman and Chief Executive Officer Kais Marzouki said during the firm’s virtual 2021 Net Zero Fair on Friday. Virgin plastics are resins that are created without any recycled materials.
“We will collect and divert an annual average of 26,000 metric tons of plastic waste away from landfills and oceans…and reduce GHG emissions in our (factory, administrative office and logistics) operations by 30% by 2025,” he added. ....

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Cleanup of contaminated Naboc River in Davao de Oro under way


Published April 8, 2021, 4:44 PM
DAVAO CITY – The cleanup operations of the contaminated 24-kilometer Naboc River in the mineral-rich town of Monkayo, Davao de Oro has finally commenced after a year of being put on hold due to the pandemic.
In a statement Monday, the Department of Environment and Natural Resources-Region 11 (Davao region) said “the river’s high content of hazardous chemicals such as mercury, cyanide, and fecal coliform has exceeded the water quality standards for Class C Rivers which can be attributed to the illegal ore processing plant operations in the upstream of the said barangay.”
The dredging of the river started last March 12 in Barangay Naboc, Monkayo. The DENR said the launching was attended by Environment and Natural Resources Secretary Roy A. Cimatu and officials from the provincial government of Davao de Oro and the DENR central and regional offices. ....

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