NGCP a Filipino company, exec tells lawmakers

Allaying fears of being a Chinese-run company, an executive of the National Grid Corp. of the Philippines (NGCP) told officials of the House of Representatives that the company is run by Filipinos, and is not controlled in any way by Beijing.

- By DELON PORCALLA

"The Chinese do not have control over the grid. There is no proverbial single red button that can instantly turn off the grid. There are protocols that actually prevent this," NGCP vice chairman Henry Sy Jr. told the House committee on legislative franchises Thursday.

The Philippines and China are at loggerheads due to the latter's repeated incursions in the West Philippine Sea, which it consistently claims despite the fact that such body of water is squarely within the country's 200-mile exclusive economic zone, pursuant to international laws.