[caption id="attachment_640608" align="alignleft" width="120"] LITO MONICO C. LORENZANA[/caption]
AFTER the ignominious retreat of the water concessionaires, throwing away P10 billion that they won in the Singapore arbitration, President Rodrigo Roa Duterte, the Deegong, Du30 or PRRD, drew blood. There is nothing that arouses the killing instinct of a predator than the taste of first blood. Ayala and Pangilinan are now the prey. And having watched them scamper with their tails between their legs, he will go for the kill. Not literally, but an unequivocal warning that he wants those contracts “renegotiated” on his terms under pain of their losing outright the lucrative contracts or the prospect of a prison term — as if these oligarchs have no choice.
Continue reading with one of these options:
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)