Proposal from the Petroperú Board of Directors would be illegal

Proposal from the Petroperú Board of Directors would be illegal

The opinion of the Board of Directors of any company is subject to the decisions or agreements made by its members in the sessions that are convened.

This action is precisely what has not happened, when last Monday the 13th the Petroperú Board of Directors informed the public of a series of measures and recommendations submitted to the General Meeting of Shareholders (JGA), as well as the Government, to improve the financial self-sustainability of the company, including going to private management.

The temporary Board of Directors of Petroperú is made up of Oliver Stark and Carlos Augusto Villalobos, appointed by the Ministry of Energy and Mines, as well as German Boza and David Tuesta, appointed by the Ministry of Economy and Finance. However, there is a fifth member on this Board: the director representing the workers, Antonio Manosalva.

Precisely, Manosalva rejected the use of the signature ‘Board’ in Petroperú’s statement 10-2024, to the extent that “it has not been exposed, treated or discussed in any Board session where the director representing the workers has participated.” he denounced.

The labor lawyer Javier Mujica explained that If the Board agreement has not occurred, or has been carried out without having summoned one of the members, its legality is affected..

“The boards are made up of their members, if one of them is excluded or is not notified of the meeting and its agenda, then the decisions will be tainted with legality; That is, this would be illegal,” he noted.

They deny privatization

Yesterday, the spokesperson for the Presidential Office, Fredy Hinojosareported that “by express order of the President of the Republic (…) Petroperú categorically will not be privatized. We want to make it absolutely clear that the Government of Dina Boluarte will not privatize Petroperú,” he stated, but he did not dispel the doubt about the future of the state company.

Keys

  • Position. The Coalition of Petroperú Unions demanded the resignation of the Board of Directors “due to lack of capacity.”
  • Withdrawal. In an extraordinary session, held yesterday, the Board of Directors approved the Voluntary Disengagement Program for indeterminate personnel.

Source: Larepublica

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