Speaker Alan Peter Cayetano thinks it’s unfair for Senator Ping Lacson to liken his private foundation, Philippine Southeast Asian Games Organizing Committee (PHISGOC), to the bogus nongovernment organizations (NGOs) of jailed businesswoman Janet Lim-Napoles used in her P10 billion pork barrel scam.

Ganyan din kay Ping, di ba? Cayetano says nothing criminal about Napoles having fake NGOs, getting govt funds

Share on facebook
Share on google
Share on twitter
Share on linkedin

Speaker Alan Peter Cayetano thinks it’s unfair for Senator Ping Lacson to liken his private foundation, Philippine Southeast Asian Games Organizing Committee (PHISGOC), to the bogus nongovernment organizations (NGOs) of jailed businesswoman Janet Lim-Napoles used in her P10 billion pork barrel scam.

Cayetano said that just because government funds were lodged in a private account does not mean its corruption.

“Tanong mo nga kay Senator Lacson ‘yung account n’ya? Hindi ba sa account n’ya galing din sa gobyerno para sa opisina n’ya? So pareho ba ng Napoles ‘yun?” said Cayetano in an interview with reporters.

“Eh private ‘yung account n’ya ‘di ba? Pero dahil senador s’ya, may fund s’ya na nili-liquidate with the signature. So is that also Napoles? So ang layo eh ‘di ba?” he added.

“S’ya ang chairman ng accounts sa Senado, may hawak s’yang funds ngSenado
is there any wrongdoing? No, but if I say parang Napoles din ‘yun ‘di ba parang may mali nang ginawa ‘di ba?” said Cayetano.

Cayetano, as then Foreign Affairs Secretary, formed PHISGOC to take charge of the hosting of the SEA Games which President Rodrigo Duterte wanted scrapped as early as 2017 because he felt the funds should be sued for the rehabilitation of Marawi.

In defending PHISGOC, Cayetano pointed out what was legal and illegal in the Napoles’ pork barrel scam.

“Ang nangyari kay Napoles, peke ‘yung mga delivery, ninakaw ang pera. Hindi naman crime ‘yung sa Napoles na may foundation eh, hindi naman crime sa Napoles na meron kang hawak na government funds,” explained Cayetano.

Leave a Comment

POLITIKO / Live!

Share on facebook
Share on twitter
Share on reddit
Share on whatsapp
Share on email

POLITIKO / Across the Nation

POLITIKO / Latest News

Bilib kay Vico Sotto! Pangilinan commends Pasig mayor for anti-corruption feat

Senator Francis Pangilinan is impressed with the brand of leadership of Pasig City Mayor Vico Sotto.

The millennial politiko has earned a recognition from the United States Department as among the world’s anti-corruption champions. The International Anticorruption Champions Award was given to Sotto and several others individuals who have shown leadership, courage, and impact in battling corruption.

Pangilinan took to Facebook to extend his congratulations to Sotto.

“Congratulations, Mayor Vico Sotto! May your tribe increase,” he wrote on Facebook.

“Mayor Vico Sotto was recognized as standard-bearer for a new generation of Philippine politicians who prioritize anticorruption and transparency initiatives in their election campaigns and in office,” he said.

In giving the award, the US State Department recognized Sotto as “a standard-bearer for a new generation of Philippine politicians who prioritize anticorruption and transparency initiatives in their election campaigns and in office.”

Sotto has expressed gratitude to the US agency for the latest recognition. He said it was important to “denormalize” corruption and take it out from Filipino culture.

“Thank you to the U.S. Department of State for this recognition. But more than the recognition, I hope this helps raise awareness. If we want better long-term governance, we need to fight corruption. We have to denormalize it, get it out of our culture,” he tweeted on Feb. 24.

Congratulations, Mayor Vico Sotto! May your tribe increase. * Mayor Vico Sotto was recognized as standard-bearer for a…

Posted by Kiko Pangilinan on Monday, March 1, 2021

Drilon: No need for Cha-cha; just amend retail trade liberalization law

Senate Minority Leader Frank Drilon on Tuesday said there was no need to change the Constitution once Congress passed key economic measures such as the amendments to the Retail Trade Liberalization Act.

“The immediate passage of this law will remove the steam the powers that Cha-cha train in the House of Representatives,” Drilon said on Wednesday as Senate plenary discussed Senate Bill 1840 or the proposed amendments to Republic Act 8762.

The bill seeks to further relax foreign restrictions by removing investment categories and setting an across-the-board minimum paid up capital investment equivalent of $300,000 in Philippine peso.

“By amending the Foreign Investments Act (FIA), further relaxing retail trade restrictions and amending the public service law, the Philippines will generate up to $30 billion in foreign direct investment (FDI) a year,” Drilon said.

“We are all bombarded with questions about the so-called economic charter change. Well, we do not need to be bothered by such talks because we can immediately better the investment climate,” Drilon said.

“The proposed Cha-cha simply seeks to add the phrase ‘unless otherwise provided by law’ to address the so-called economic provisions of the Constitution,” he said.

“What we need now to address the economic slowdown is a concrete solution through the enactment of various economic measures such as the amendments to the Retail Trade Liberalization Act and the Public Service Act,” he added.

Drilon is the principal author of Senate Bill 1840, which is being sponsored by Senate committee on trade chair Senator Koko Pimentel.

TRENDING NEWS

MCD MULTI MEDIA/ Network

Business News

Tagalog News

Weekly Sports News

Sign up for our Newsletter

We are a social news blog where politikos, their kin, friends and allies are the center of the universe. We write about their words and deeds, likes and dislikes, dreams and fears. We are here to entertain, provoke and hopefully inform you along the way.

Disclaimer