For the longest time, many Filipinos suspected that the country got the short end of the stick when we gave the exploration rights to the Malampaya gas field to the Shell consortium. Well, the cat is out of the bag.
The recent 11-page decision of the Commission on Audit (COA) confirmed that Shell and company screwed and swindled the country out of P53-billion in royalties for seven years from 2002 to 2009. And this does not include the royalties when the Aquino administration took over in 2010.
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