Simply call it Duterte effect.
President Rodrigo Roa Duterte made a promise that
he will go after the oligarchs that mede their riches from the fat of the
country and from the sweat and blood of Filipinos.
One by one they have been lined up starting from
Lucio Tan, Prieto family (owner of Philippine Daily Inquirer and Dunkin
Donuts), the onerous water agreement – Ayala Group and Manuel V. Pangilinan
(MVP), Consunji of the famous real estate developer DMCI, Ramon Ang of San Miguel Corporation (SMC).
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One way or another they have experienced dealing
with Duterte that whatever hey do, the benefir redounds directly to the citizen
of this country.
And now this, as exposed and explained by Anakalusugan
Party-list Rep. Mike Defensor
Defensor, said the private firms that committed to
pay the financial obligations were Meralco, PHP15 billion; Northern Renewables
Generation Corp., PHP4.6 billion; FDC (Filinvest Development Corp.) Misamis
Power Corp., PHP2.6 billion; and FDC Utilities, Inc., PHP1.2 billion.
“We got responsible officials of the four
corporations to promise to pay their debt, which they have acknowledged. We
will hold them to their commitment,” Defensor said.
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Report from PNA
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