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Binga Hydroelectric Plant, Inc. vs. COA

BINGA HYDROELECTRIC PLANT, INC., HEREIN REPRESENTED BY ITS EXECUTIVE VICE-PRESIDENT, ERWIN T. TAN, PETITIONER, VS. COMMISSION ON AUDIT AND NATIONAL POWER CORPORATION, RESPONDENTS.

G.R. No. 218721 | 2018-07-10

D E C I S I O N
 
JARDELEZA, J.:
 
This is a petition for review on certiorari[1] under Rule 64, in relation to Rule 65, of the Rules of Court, assailing the Decision No. 2013-050[2] dated January 30, 2013 and the Resolution No. 2015-134[3] dated April 6, 2015 of the Commission on Audit (COA), which denied petitioner's money claim in the amount of $5,000,000.00 and P40,118,442.79.

In March 2003, the Binga Hydroelectric Plant, Inc. (BHEPI)[4] and the National Power Corporation (NPC),[5] together with the Power Sector Assets and Liabilities Management Corporation (PSALM),[6] entered into a...