By Prince Golez
President Rodrigo Duterte announced that he will be reviewing the new concession deal for Manila Water Co. and Maynilad Water Services.
The water companies must return the money they allegedly took from the consumers, Duterte also said in his prerecorded national address aired Friday morning.
“I will be, starting tomorrow, the papers are with me now, I will review the contracts that are proposed by the government panel to the Ayala and Pangilinan consortium,” according to him.
“Okay na ako basta mabawi lang ang pera ng tao. Even in installments… Nagkalma ako kasi whether I like it or not, water is very important in our lives. So, okay na lang ako, but yung nawala sa tao, kung ano ang nawala sa kanila, that has to be paid back.
“Whether in installments over a period of years, but you have to return money to the people. Wala na akong, yun lang, okay na ako, and you can have your contracts if it’s to your liking, but n if it’s not if not, then we proceed with another phase which is filing of the cases,” he added.
Manila Water is a subsidiary of Ayala Corporation while the Pangilinan holds the majority stake at Maynilad Water Services Inc.
Source: Latest Politics News Today (Politics.com.ph)
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