Ongpin et al. probed in P9B Meralco deal (Philippines Daily Inquirer)

The Office of the Ombudsman is investigating businessman Roberto Ongpin, his associates and current and former executives of a state pension fund and a state-run bank for the alleged P9-billion sweetheart deal given to Ongpin’s firm in 2009 involving the sale of government shares in Manila Electric Co. (Meralco). The country’s largest distributor of electricity, Meralco…