MANILA - The Land Transportation Franchising and Regulatory Board (LTFRB) on Thursday suspended the P2-per-minute extra travel charge by ride-hailing firm Grab.
The suspension came after LTFRB's Wednesday meeting with Grab and other stakeholders where the ride-hailing service admitted that it failed to inform the riders about the extra charges.
The LTFRB said the suspension is in effect until they finish their investigation into the matter.
PBA party-list Rep. Jericho Nograles earlier said Grab's P2-per-minute charge, which is on top of the P40 flagdown fee and the P10 to P14 rate per kilometer, is illegal.
He claims Grab owes riders P1.8 billion in the last 5 months alone.
But Grab Country Head Brian Cu believes the P2-per-minute extra charge does not violate any law.
"There’s nothing illegal with failing to update the information," he said.--report from Zhander Cayabyab, ABS-CBN News