By Lenie Lectura - May 3, 2019
https://businessmirror.com.ph/2019/05/03/psalm-pays-p7-8-million-damages-from-power-barge-oil-spill/
THE Power Sector Assets and
Liabilities Management Corp. (PSALM) disbursed P340,428 worth of indemnities,
bringing to P7.8 million the total compensation to individuals, families and
enterprises affected by the Power Barge (PB) 103 Oil Spill at the height of
Supertyphoon Yolanda in November 2013.
Twenty-three out of the 26
beneficiaries, hailing mostly from Barangay Botongon and Poblacion Zone I, form
part of the sixth and latest batch of claimants where PSALM paid a total of
P340,428 worth of indemnities.
To date, a total of P7,798,175 has
already been settled and released to the first to sixth batch of claimants.
PSALM’s settlement of third-party
claims is based on the recommendation of the Government Service Insurance
System (GSIS) adjuster, Claims Services International Adjusting Co. and
endorsement of GSIS.
The 32-megawatt PB 103 was moored at
Barangay Botongon in Estancia, Iloilo, when it was swept aground due to strong
winds and storm surge by Yolanda.
Immediately after the incident,
PSALM has provided financial aid amounting to P2 million to Iloilo families
affected by the oil spill through the provincial and municipal government.
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