Accept new contracts or face cancelation, PRRD to water firms

Accept new contracts or face cancelation, PRRD to water firms

President Rodrigo Roa Duterte is laser focused with respect to the two water concessionaires agreement with the Philippine government, time and time again he has said to the public that he will not allow such “onerous agreement” to pursue to the detriment of the government.

He has tasked two cabinet officials to work on the new water distribution agreements with Manuel Pangilinan of Maynilad and Jaime Zobel de Ayala of Manila Waterwithout the “onerous” provisions under the existing contracts with the two water giant companies.

The Chief Executive told reporters in Malacanang that the two water firms should accept the new deal or the government will be forced to take over their operations and they will be sued for "plunder" or "estafa on a large scale."

(photo credit to CNN Phils)

But the President clarified, that the acceptance by the two companies of the new water distribution agreements would not exempt them from possible prosecution.

"I cannot stop anyone, especially a Filipino and a consumer of water, to file any case to damages or anything," he said."Wala akong pakialam diyan [I dont care about that] I leave it to anybody's choice to run after or not to run after."

According to Presidential spokesperson Salvador Panelo, the issue regarding the 22 year old water concession agreements was “extensively discussed” during the recent cabinet meeting.

Both the Office of the Solicitor General and the Department of Justice submitted a new draft of the water agreement to the Cabinet.

“The terms will be very, very different in this one,” Panelo said. “There is a time for reckoning. That time has come.”
"Wala pang takeover (there is no takeover yet). That’s still constitutional. But the government can take over public facilities in case of a national emergency," he said.

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Report from CNN Phils

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