Businesswoman Alice Eduardo raised not a few eyebrows Tuesday night when she joined several bilyonaryos in Malacañang Tuesday night (Jan. 17) for dinner with President Rodrigo Duterte.
In a gathering of some of the richest men and women in the country, Eduardo stuck out like a sore thumb because she’s not well, in their league.
For starters, her name is nowhere to be found on Forbes’ list of 50 wealthiest Filipinos for 2016 or previous years.
Sta. Elena Construction and Development Corporation, which she owns, has also been implicated in some unsavory scandals.
The late senator Miriam Defensor Santiago had accused Eduardo in 2014 of being “inextricably linked” to then senator Juan Ponce Enrile, a connection which she said allowed Sta. Elena to corner all big ticket construction projects inside the Cagayan Export Processing Zone in Cagayan Valley, said to be worth P5 billion.
The Cagayan Export Zone Authority’s decision to award a breakwater contesct to Sta. Elena raised questions since the firm had a derogatory or “negative slippage” report pending before the Philippine Contractors Accreditation Board (PICAB), according to the Manila Times.
While details of the report are scarce, such document is usually associated with substandard work or non-completion of a project by a contractor.
Luckily for Eduardo, Sta. Elena was able to bag another multibillion-peso contract in the form of building Pagcor’s Entertainment City in Pasay despite questions about the quality of its work.
A Politiko source said Eduardo was able to snag a seat in the exclusive Malacañang dinner through Presidential Adviser on Entrepreneurship Joey Concepcion, who extended an invitation to her.
Eduardo has been Concepcion’s partner in Go Negosyo, an initiative aimed at promoting entrepreneurship.