“The penalty payments are the result of an onerous contract entered into by the Aquino government and the winning bidders. This is a form of sovereign guarantee that will be borne by taxpayers.”
Tags: Joseph Emilio Aguinaldo Abaya
Aquino’s uncaring bureaucrats
By LUIS V. TEODORO Vantage Point | BusinessWorld Outraged Filipinos trapped in traffic, trying to make both ends meet, and appalled at the unremitting corruption in government, have been cursing the Aquino bureaucracy, which teems with people who seem to have been chosen for their posts not only because of their closeness to their boss,…