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TransCo vs. COA & Hon Aguinaldo

NATIONAL TRANSMISSION CORPORATION (TransCo), PETITIONER, VS. COMMISSION ON AUDIT [COA], AND HON. MICHAEL G. AGUINALDO, CHAIRPERSON, COA RESPONDENTS.

G.R. No. 246173 | 2021-06-22

D E C I S I O N
 
LOPEZ, M., J.:
 
This resolves the Petition for Certiorari[1] under Rule 64, in relation to Rule 65 of the Revised Rules of Court, challenging Decision No. 2018-329[2] dated July 9, 2018 of the Commission on Audit (COA).
 
Facts
 
Petitioner National Transmission Corporation (TransCo) Is a government-owned-and-controlled corporation (GOCC) created under Republic Act (RA) No. 9136[3] or the ''Electric Power Industry Reform Act of 2001" (EPIRA), to assume the electrical transmission function of the National Power Corporation (NPC). Upon its creation, TransCo was wholly-owned by...