'Ayalas and Pangilinan bow before King Digong'

'Ayalas and Pangilinan bow before King Digong'




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.”





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Report from Manila Times

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