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MY TAKE ON THE NAIA/FRAPPORT SCANDAL

When the NAIA 3 Terminal project scandal exploded . My initial feelings were nothing but pity for Frapport AG. They were given a contract by the Philippine government and invested a lot of money into the country. Like Tutubi , I felt that the Philippine government's move to have the contract invalidated for constitutional reasons came very late and was tantamount to changing the rules in the middle of the game. The problem was, Frapport had already poured the money into the country and there was no way that they can take it back. However, the revelation that there was a grand conspiracy to defraud the Filipinos by knowingly engaging in acts that violates Philippine laws made me change what I felt. If the documents brought into the country by a Frapport stockholder will indeed show that the Frapport officials knowingly approved illegal measures, an official summon should be sent to the people involved and if there is sufficient evidence, the principal characters should be prosecut...

HOW A BUSINESS SCANDAL IN FAR AWAY AND LITTLE TOWN MANILA CAN POSSIBLY ROCK GERMAN POLITICS

A quick comparison of Germany and the Philippines shows that its land and population sizes are quite identical. Germany has a land area of 357 thousand sq km and a population of 82.4 Million while the Philippines has 300 thousand sq km and 87.8 million respectively. However, a continued look will show that most of the other characteristics will paint a picture of David and Goliath. Most glaring is Germany's GDP (adjusted based on Purchasing Power Parity) of US$2.85 Trillion compared to the Philippines' $443.1 Billion. In terms of equality, Germany's percentage of population below poverty line is a low 11% compared to the Philippines' 40 percent. Though the picture paints a thin and weak Philippines compared to a muscular European country, something is brewing in that part of Asia which threatens to scandalize German politics. It all started with a noble project on 1996 to Build Operate and Transfer (BOT) a new Manila airport terminal. The bidding was won by PairCargo ...