For a company that is supposedly 'noncompliant' and averse to being audited, the National Grid Corp. of the Philippines (NGCP) is—at the risk of overusing a word—exceedingly audited. That's why many industry insiders were boggled when the Energy Regulatory Commission (ERC) publicly stated that the agency was having difficulty obtaining information from the NGCP, and that legal remedies might be necessary to compel the company to release data for their performance audit. In fact, no legal remedies are needed to force NGCP to open its books.

https://business.inquirer.net/425536/biz-buzz-ngcp-drowning-in-audits

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