Samar Board Member and former Judge Alma Uy is trying to legally block what she thinks is a questionable plan by the Provincial Government to enter into a P800 Million loan agreement that the province will pay for 15 years.

P800 Million Samar loan affected by the 2016 election

CATBALOGAN NEWS –– Still awaiting for Bangko Sentral ng Pilipinas to have it certified, the proposed P800 million Landbank loan earlier approved by the Sangguniang Panlalawigan of Samar ‘could be affected by the present election ban’, said Samar governor Sharee Ann Tan.

Samar Governor Sharee Ann Tan, Catbalogan News, Samar News, Eastern Visayas News
Samar Governor Sharee Ann Tan says her administration need funds to build road networks and a modern hospital.

Governor Tan said that the provincial government intend to use the proposed funds for a 200 bed capacity modern hospital that would benefit the poor people of the province as part of other priority development projects like road constructions in undeveloped Samar areas.

The loan is being publicly opposed by opposition Board Member Atty. Alma Uy who moved to reconsider a Regional Trial Court order dismissing her prayer for a restraining order against the transaction.

The proposed loan has become the subject of public debate after some quarters raised the Samar provincial government’s alleged failure to sufficiently explain details about how the money should be used or paid.