Panel to negotiate return of P2-B down payment for scuttled chopper deal

By Francis Earl Cueto

Aug 11, 2022 12:09 am

THE Department of National Defense (DND) has created a body to negotiate with a Russian company the return of the P1.9-billion down payment for the scuttled deal to acquire 16 units of Mi-17 helicopters.

DND spokesman and Director Arsenio Andolong said the Contract Termination and Review Committee (CTRC) has been tasked to talk with Sovtechnoexport LLC officials for possible reimbursement.

DND spokesman Arsenio Andolong

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