Incoming Taguig Rep. Alan Peter Cayetano on Thursday confirmed that he and Marinduque Rep. Lord Allan Velasco, at the prodding of President Rodrigo Duterte, had agreed to a term-sharing deal, but Velasco supposedly backed out at the last minute.
“It is for this reason that I am deeply disappointed that after we both expressed full agreement with the President’s proposal Rep Velasco and his wife are now making a turnaround and won’t honor Presidents wishes,” Cayetano said.
The “win-win” agreement would have seen Cayetano serving first as Speaker for the first 15 months of the 18th Congress, followed by Velasco who would take over for the remaining 21 months, he said.
“I confirm that there was already an agreement in principle last Monday night,” the former DFA secretary said in a statement.
“I want to reiterate that I am committed to support and follow the President as he in many occasions mentioned term sharing between myself and Cong. Velasco,” Cayetano said.
“I trust and respect the President’s wisdom. The term sharing scheme has been proposed as a ‘win win solution’ to resolve the Speakership issue. I am willing to abide by the recommendation of the President,” he added.