Manila Water President apologizes to Pres. Duterte

They do not want to be at the wrong side of the President of the Republic.

The President, Rodrigo Roa Duterte blew his top when he was told that the government owe the two water firms in the country a combined amount of P10.8 billion awarded to them by the Permanent Court of Arbitration which is based in Singapore.

“It’s unfortunate that the President got angry. We did not intend to burden the President with problems,” Manila Water president Jose Rene Almendras said at a Senate hearing.

“We apologize if the President got angry because of the arbitral ruling … What happened is that we could not prevent the decision (of the arbitral court) from being handed out since the case has been filed in 2015. It’s beyond our control,” said Almendras.

Manila Water president Jose Rene Almendras said at a Senate hearing
(photo credit to owner)

“We don’t want to go against the President. What he has been doing is for the good of the people and we’re supportive of him,” he added.

Duterte has categorically said that he will not pay any compensation to Ayala-controlled Manila Water Co. Inc. and Pangilinan led Maynilad Water Services Inc.

The amount was compensation was for losses the both water company incurred when it was not allowed to raise tariffs from June 1, 2015 to Nov. 22, 2019.

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Report from PDI