BACOLOD CITY, April 23 -- The National Electrification Administration (NEA) has ordered the dismissal of 12 directors and two former general managers of Negros Occidental Electric Cooperative (Noceco) involved in improper disbursements of more than PHP87 million.

In a statement issued during a press conference Tuesday, led by Administrator Antonio Almeda, the NEA said its decision dated April 18 is based on the report and recommendation of the Administrative Committee and following a comprehensive audit covering the operations of Noceco based in Kabankalan City from Aug. 1, 2019 to April 30, 2023.

It identified those involved as directors Richard Benedicto, Raymundo Tongson Jr., Reynaldo Bedaure Jr., Eduardo Benjamin Alonso, Rolito Espi...