Petron president and CEO Ramon Ang told lawmakers on Monday that he is willing to sell the oil company back to the government, after the Makabayan bloc raised the idea during the hearing on suspending or cutting excise tax on fuel.
"Kung sa tingin niyo jackpot yung negosyong 'yan, let the government buy it at market valuation," Ang told the House panel on ways and means.
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7 ноя 2021