Conflict of interest case filed against SBMA chief | Inquirer News

Conflict of interest case filed against SBMA chief

/ 04:20 AM August 14, 2018

A lawyer has filed a graft complaint against Subic Bay Metropolitan Authority (SBMA) administrator and chair Wilma Eisma for conflict of interest over her supposed stake in one of the freeport’s locators.

In a complaint filed in the Ombudsman on Monday, Raymund Palad accused Eisma of being a stockholder of Teco (Philippines) 3C & Appliances, Inc. and of sitting on its board.

The lawyer submitted Teco’s general information sheet as evidence of Eisma’s failure to divest from the business.

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“There’s nothing irregular about it. It’s very funny because I hold [the position of Teco board director] in my official capacity as SBMA representative,” Eisma said, adding that the SBMA owned 49 percent of the Subic Bay Development and Management Corp. Inc., where Teco is a locator.

“I’m the official representative of the agency to the company,” she said. —Vince F. Nonato and Allan Macatuno

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TAGS: SBMA, Wilma Eisma

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