President Ferdinand Marcos Jr. has ordered the suspension of Land Transportation Franchising and Regulatory Board (LTFRB) Chairman Teofilo Guadiz III amid corruption allegations.
A former head executive assistant of Guadiz has alleged that corruption is rampant in the agency, which “reaches Malacañang”. He claimed that routes of public utility vehicles, special permits, substitutions, board resolutions, and franchises are “for sale” at the LTFRB, with bribes going up to as high as P5 million.
The former head EA said he personally witnessed the transactions and has screenshots of conversations, as well as audio recordings to prove his allegations. He plans to file charges for graft and violation of ease of doing business before the Office of the Ombudsman against “officials” from the LTFRB, Department of Transportation, and Malacañang.
Guadiz has denied the allegations, saying that they are “not true”. He said that he is ready to face any complaint that will be filed against him.
The Department of Transportation is already investigating the allegations.