‘Give us back the money’ ; Duterte demands to the 2 water firms

‘Give us back the money’ ; Duterte demands to the 2 water firms

The President of the Republic Rodrigo Roa Duterte is not sleeping on the two oligarchs who has entered into an onerous contract with government to the detriment of the latter.
President Duterte has demanded form both the Ayala’s Manila Water and the Manuel V. Pangilinan’s Maynilad to return the money paid by the public for water services, threatening anew to take over its distribution if they refused.

In a speaking engagement  before the newly appointed government officials, the President divulges that the two giant concessionaires were “trying to reach out for a settlement” after government drafted renegotiated contracts last month for them to consider signing.
President Rodrigo Roa Duterte and the two water concessionaires in Metro Manila
(photo credit to owner)

However, Duterte slammed again both concessionaires for they have been “collecting money” from the public since 1997 when the onerous contracts were first signed, but failed to provide them with enough water supply.
Reports have come to the attention of the President that some parts of Metro Manila still experiences sporadic water services from both water companies.
“You guys have been collecting money since 1957 (referring to 1997) to build a something…and you have not even come up with a can of clean water or a canal there,” Duterte said in a speech in Malacañan Palace.

“So where is the money? Where is the money of the Filipino people?” he added.
The President has warned both water concessionaires that if they don’t accept the government’s renegotiated contracts because he can easily nationalized the water services and at the same time prosecute them for plunder or estafa.
“Give us back the money. Give it back to the people and maybe we can talk about solving your problem. It will not be the problem of this government,” Duterte said.
“I am not afraid that there will be no water because I will just take over and nationalize water in the Philippines,” he added.

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