Palace: Gov't to go after people behind onerous Maynilad deal  |
EVEN IF ARBITRATION PROCEEDINGS IS DROPPED

Palace: Gov’t to go after people behind onerous Maynilad deal 

By: - Reporter / @NCorralesINQ
/ 05:54 PM April 08, 2019

MANILA, Philippines — The government would still prosecute the people behind the onerous government contract with Maynilad Water Services Inc. even after the  water concessionaire said it was willing to drop the arbitration proceedings, Malacañang said Monday.

Presidential Spokesperson Salvador Panelo said officials behind the deal “could be prosecuted, depending on their participation.”

“If a crime has been committed, then we should prosecute regardless of whether the parties involved have withdrawn. Just like when you commit a crime of theft, you return the money, but you can still be prosecuted,” Panelo said in a Palace briefing.

Article continues after this advertisement

Manynilad chair Manuel V. Pangilinan told reporters Monday the water company was willing to drop the arbitration proceedings with the government if they could come to terms with the tariff issue.

FEATURED STORIES

The Supreme Court of Singapore has favored Maynilad in its P3.4-billion claim of indemnity from the Philippine government.

READ: Maynilad arbitration victory becomes final

Article continues after this advertisement

President Rodrigo Duterte during his Cabinet meeting on April 1 ordered the review of all contracts entered into by the government to remove onerous provisions in the deals.

Article continues after this advertisement

READ: Duterte orders review of all gov’t contracts

/kga

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: arbitration, Business, business news, local news, Manny Pangilinan, Maynilad, nation, national news, News, Philippine news updates, tariff, water

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.