At a press conference yesterday, Right to Know, Right Now Coalition R2KRN) co-convenor Malou Mangahas said they had sent a letter to Miru System demanding that it disclose relevant information by the end of October.
Mangahas said they want Miru to disclose the specific role and responsibilities of each remaining partner, as well as present updated documentation showing their financial capacity, a detailed breakdown of the ownership structure and evidence that the partnership still complies with the 60 percent Filipino ownership requirement.
The R2KRN also demanded a clear statement on how the liabilities of the St. Timothy Construction Corp. (STCC) would be distributed.
It is also demanding data on revised timelines and milestones, provisions for dispute resolution and detailed provisions demonstrating full compliance with the governing Procurement Reform Act.
She said Miru and its partners should also release proof of performance guarantees or committed line of credit as well as contingency plans in case the remaining partners fail to fulfill their obligations.
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