CAGAYAN DE ORO CITY: Officials of the Philippine Veterans Investment Development Corp. (Phividec) in Misamis Oriental on Monday challenged companies with multi-million tax delinquents to show proof of payments.

Former Cagayan de Oro lawmaker Benjo Benaldo, now a member of the Phividec Board of Directors, laughed off claims of the Steag Estate Power Inc., a coal-fired power plant operating in a Phividec-operated ecozone in Misamis Oriental that it has paid taxes since its operation in 2006.

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