History
It started on May 11, 2008, when the Government Service Insurance System (Philippines) (GSIS) accused Meralco of unlawful refusal to grant corporate access to documents despite the GSIS’ holding 4 seats in the 11-member Meralco board, amid GSIS' denial of plans to wrest control from the Lopez family.
The scandal originated from Meralco and GSIS row, after Sabio - in a letter-complaint against Justices Vicente Roxas and Bienvenido Reyes - complained of the circumstances that he was removed from the Meralco-GSIS case after a standard court reorganization, and an alleged bribe attempt by Manolo Lopez and Meralco in consideration for him giving way to Reyes' chairmanship of the CA's Special 9th Division It catches nationwide attention when businessman Francis De Borja surfaces and accuses Sabio via sworn affidavit that the justice had asked for P50 million to back away from the case, to counter a government offer of money and a Supreme Court appointment in exchange for a ruling favorable to GSIS.
Read more about this topic: GSIS-Meralco Bribery Case
Famous quotes containing the word history:
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—Gilbert Keith Chesterton (1874–1936)
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“The history of men’s opposition to women’s emancipation is more interesting perhaps than the story of that emancipation itself.”
—Virginia Woolf (1882–1941)