๐ก๐๐ ๐ฅ๐ฒ๐๐ถ๐ฒ๐ & ๐ฉ๐ฎ๐น๐ถ๐ฑ๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ณ ๐ง๐๐๐๐๐ข’๐ ๐๐ฟ๐ฎ๐ณ๐๐ฒ๐ฑ ๐ ๐ฎ๐ป๐๐ฎ๐น ๐ผ๐ณ ๐๐ฝ๐ฝ๐ฟ๐ผ๐๐ฎ๐น (๐ ๐๐ก๐๐ฃ) ๐ฆ๐๐ฐ๐ฐ๐ฒ๐๐๐ณ๐๐น๐น๐ ๐๐ผ๐ป๐ฐ๐น๐๐ฑ๐ฒ๐ฑ
As part of NEA’s commitment to promoting transparency, compliance, and good governance among Electric Cooperatives, a review and validation activity was conducted to thoroughly assess the ๐๐๐ง๐ฎ๐๐ฅ ๐จ๐ ๐๐ฉ๐ฉ๐ซ๐จ๐ฏ๐๐ฅ๐ฌ (๐๐๐๐๐) submitted by the ๐๐๐๐ฅ๐๐ฌ ๐๐ฌ๐ฅ๐๐ง๐ ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐จ๐จ๐ฉ๐๐ซ๐๐ญ๐ข๐ฏ๐, ๐๐ง๐. (๐๐๐๐๐๐).
From May 26 to June 3, 2025, the NEA Review Teamโcomposed of:
โข Mr. Estanislao D. Laxa, Jr.
โข Ms. Madeleine Ann B. Bautista
โข Mr. Memar G. Leonora
โข Ms. Sittie Jonaily B. Mama-Nassir
all representatives from the ๐๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ฅ๐๐๐ญ๐ซ๐ข๐๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐๐ฆ๐ข๐ง๐ข๐ฌ๐ญ๐ซ๐๐ญ๐ข๐จ๐ง (๐๐๐), conducted an on-site review and validation at TIELCOโs main office.
The team undertook a comprehensive assessment of the transactions and documents included in the draft MANAP, ensuring that the levels of authority, approval processes, and internal controls were consistent with the established guidelines issued by NEA and the Electric Cooperative’s own Board-approved policies.
This visit was aimed not only at validating the technical and procedural soundness of the proposed MANAP but also at providing guidance and technical assistance to TIELCO. Through this collaborative engagement, NEA sought to help TIELCO strengthen its governance systems, improve internal control measures, and ensure accountability and efficiency in the cooperativeโs financial and operational transactions.
The NEA teamโs presence underscored the agencyโs active role in safeguarding the integrity of Electric Cooperatives across the country, by promoting standards that align with national regulatory frameworks and best practices.
