Duterte: No compromise with water concessionaires

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Duterte: No compromise with water concessionaires
Philippines Latest News,Philippines Headlines
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President Rodrigo Duterte has ruled out entering into a compromise with water concessionaires Manila Water Co. and Maynilad Water Services, Inc., insisting the persons behind the alleged onerous water supply agreements could be held liable for economic plunder.

The President argued that the controversial water concession agreements, which he claimed had bargained away the country’s sovereignty, involved a “classic” case of plunder, a non-bailable offense.

An arbitration court in Singapore recently ordered the Philippine government to pay P7.4 billion to Manila Water for losses after a regulator disapproved water rate hikes. In 2017, a court ordered the payment of P3.4 billion to Maynilad for its alleged revenue loss. “Gusto ko sila makausap. Hindi ‘to maareglo nang hindi makausap ‘yung mga concessionaires at saka gusto ko harap ng abogado ng gobyerno na p*** na gumawa nitong kontrata ito ,” he said.“Tawagan ko si Clement. Padala ka dito ng Ranger, magdala ng M16, dalawa. Pag-alis niya.. p**** i*** patayin mo lahat ‘yan. Hugwag ka mag-iwan ng buhay ,” he said.

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Philippines Latest News, Philippines Headlines

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