LTFRB resignation

28 March 2013

MANILA, Philippines --- The Department of Transporation and Communications (DOTC) yesterday clarified that Malacañang has not accepted yet the resignation of lawyer Jaime Jacob as chairman of the Land Transportation Franchising and Regulatory Board (LTFRB).

Transportation and Communications Secretary Joseph Emilio Abaya disclosed this after he admitted to not being able to recommend yet candidates to replace Jacob as LTFRB chief. Jacob submitted his irrevocable resignation letter to the Office of the President on March 19. Jacob's resignation is taking effect on March 31.

"The resignation has not been accepted yet. The President wants to get in touch with Chairman Jacob to find out his reason (for resigning)," Abaya said in a chance interview last Tuesday.

Abaya claimed that the President may not accept Jacob's resignation, albeit irrevocable, stressing that "but what he (Jacob) will do is up to him."

Abaya cited the role of LTFRB chairman is very important especially with the various reforms that the Aquino Administration wants to infuse in the public transportation sector, including the establishment of centralized terminals for provincial buses and bidding of public utility vehicle routes, among others.

"The role of the LTFRB chairman (in implementing these reforms) is very important. But I am sure that whoever will be appointed will come up what is expected of him," he added.

Jacob tendered his irrevocable resignation letter dated March 18, 2013 without much fanfare last week. The letter was received by the Office of the President on March 19 and was furnished to the office of the Secretary of Transportation and Communications on March 20.

In the letter, Jacob said he was not satisfied with his performance as LTFRB chief, a post he held for the past two years.