An interesting article was written by
veteran journalist Mr. Ramon Tulfo in his column in the Manila Times dated December
17, 2019.
The topic was about the two giant
water concessionaires controlled bu some of the few oligarchs in the country.
It focused on how the first Mindanaoan president of the republic was able to
make Manuel V. Pangilinan (MVP) of Maynilad and Ayala group leading Manila Water.
King Digong said he would publicly
humiliate the Ayalas and Pangilinan by slapping them in their faces for not
paying the corporate income taxes.
President Rodrigo Roa Duterte (photo credit to owner) |
If I know Digong Duterte, he doesn’t
threaten, he does what he says. He walks his talk.
Duterte’s predecessors Corazon
Aquino, Fidel Ramos, Joseph Estrada, Gloria Arroyo and Benigno Aquino 3rd (the
weirdo) held the Ayalas and Pangilinan in royal deference.
For the full copy of Mr. Tulfo’s
article we have quoted it in full below, for the convenience of our readers and
for clarity and truthfulness sake.
Ayalas and Pangilinan bow before King Digong
WATER
concessionaires Manila Water Co. Inc. and Maynilad Water Services Inc. say they
will no longer insist in making the government pay them billions of pesos in
penalties based on rulings of an international arbitral tribunal awarding
billions of pesos to the two companies.
The
Permanent Court of Arbitration in Singapore has ordered the Philippine
government to pay Manila Water P7.3 billion and Maynilad P3.4 billion for
losses supposedly incurred when the state regulator did not allow the companies
to raise their rates.
Manila
Water is owned by the Ayalas of Makati, while Maynilad is owned by the
Indonesian tycoon Anthoni Salim, whose dummy here is Filipino businessman
Manuel V. Pangilinan, who is known by his initials MVP.
Knowing
they cannot fight City Hall — meaning, the Duterte administration — the Ayalas
and Pangilinan are now lying prostrate in a servile posture before King Digong.
"Now
these arrogant oligarchs know who the boss is.
King
Digong said he would publicly humiliate the Ayalas and Pangilinan by slapping them
in their faces for not paying the corporate income taxes.
If
I know Digong Duterte, he doesn’t threaten, he does what he says. He walks his
talk.
Duterte’s
predecessors Corazon Aquino, Fidel Ramos, Joseph Estrada, Gloria Arroyo and
Benigno Aquino 3rd (the weirdo) held the Ayalas and Pangilinan in royal
deference."
This
is not the first time that the President has berated Pangilinan in public over
the latter’s impertinence towards the Duterte administration.
In
June 2016, Digong put Pangilinan in his place after MVP told the President to
assert the country’s sovereign rights over the West Philippine Sea.
Digong
shot back: “Just remember you are just a puppet of the foreign-based Salim
group, while I am the elected president of the Republic of the Philippines.”
What
can you say about the article?
Share us your thoughts by simply
leaving on the comment section below. For more news updates, feel free to visit
our site often.
Stay updated with today's relevant news
and trends by hitting the LIKE button.
Thanks for dropping by and reading this
post.
Report from Manila Times
0 Comments