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A local transport network company (TNC) denied on Tuesday allegations that it was overcharging its passengers.
鈥淲ala kaming charge na P2. We deny that categorically,鈥 said Nicanor Escalante, Hype Transport System Inc president, following a hearing at the Land Transportation Franchising and Regulatory Board (LTFRB).
The LTFRB had earlier asked Hype to answer allegations that it allegedly charges its passengers a P2 per minute fare.
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READ: 听LTFRB asks Hype to explain allegations of overcharging
According to Escalante, it charges its passengers an amount of P1.25, and not the alleged P2.
He added that Hype had submitted a request two months ago on the P1.25 charge.
鈥淭hrough our letter of May 24, 2018 received by the board May 25 requesting for a P1.25 per minute charge,鈥 Escalante said.
Hype implemented the P1.25 charge on its beta testing operation without the decision of the LTFRB.
Escalante said they rolled out the charge based on the 鈥渆ase of basing business law鈥 signed by President Rodrigo Duterte in May 2017.
According to the law, Escalante said that 鈥淚f an application is not acted upon within 20 days, it is deemed approved.鈥
鈥淲e requested not P2 again but P1.25 per minute again to emphasize the fact we don鈥檛 want to charge the P2 maintaining affordability,鈥 said Escalante.听 /muf