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Home » Post Item » The Manny Villar Controversy

The Manny Villar Controversy

Friday, February 5, 2010

 

As i open up my  email account it caught my attention the forwarded message about the issue with Nacionalista Party Standard bearer Manny Villar on the C5 extension controversy.  I dont know if this is true or just a black propaganda by the other presidentiables. This mail is being forwarded to a different establishments and based on the thread of the email almost hundreds of thousands received it.

 

Here is the forwarded mail:

Sent from an iPhone

Begin forwarded message:

From: C5 - Coaltion Of Concerned Citizens Against Corruption And Cheating <cfivecoalition@ gmail.com>

FACT— VILLAR HAS A MINIMUM OF 40 TV SPOTS A DAY AT A COST OF P10 MILLION EVERY DAY THE PAST 5 MONTHS FOR A TOTAL COST OF P1.5 BILLION - AND THAT IS NOT COUNTING HIS EXPENSES ON RADIO, DOLPHY, WILLLIE REVILLAME ETC ETC AND THE ELECTION OFFICIAL CAMPAIGN PERIOD HAS NOT EVEN STARTED - THEY SAY HIS BUDGET IS P20 BILLION AND ALL FOR A JOB THAT PAYS P200 THOUSAND A YEAR!

QUESTION - —-HE SAYS HE IS A GOOD BUSINESSMAN - AND IF HE IS, I WONDER WHERE HE EXPECTS TO GET HIS RETURN ON HIS AT LEAST P20 BILLION INVESTMENT

WHAT KIND OF RETURN WILL VILLAR EXPECT - - —GIVEN THE HIGH RISK OF THIS UNDERTAKING, HE PROBABLY EXPECTS A GOOD RETURN - MAYBE DOUBLE OR TRIPLE HIS MONEY IN SIX YEARS SAY TO P60 BILLION

WHERE CAN HE GET THAT RETURN —- TOTAL ESTIMATED BUDGET OF THE GOVERNMENT OVER THE NEXT 6 years IS P10 TRILLION WITH ABOUT P1 TRILLION DISCRETIONARY - IF VILLAR MAKES C5 AND TAGA ON THE P1TRILLION OF 20% - hmmmm THATS P200 BILLION ON AN INVESTMENT OF P20 BILLION - HMMM VILLAR IS ONE SMART BUSINESSMAN

WHAT’S THE IMPACT ON THE POOR? - P200 BILLION THAT WILL CONSERVATIVELY BE LOST TO CORRUPTION AS A PAYBACK TO VILLAR’s CAMPAIGN EXPENSES  CAN PAY FOR 40,000 CLASSROOMS TO SOLVE THE SHORTAGE PLUS, CREATE A MICRO LENDING FUND THAT CAN GENERATE 3.2 million jobs - CORRUPTION IS THE CAUSE OF POVERTY

Posted by albertbatalla at 1:00 pm | permalink

Previous Comments

HOW, REALLY, DID MANUEL BAMBA VILLAR, JR. GET TO BE RICH? It may bear and serve the Filipino nation well to investigate and know that Manny Villar may actually have broken through from Tondo-ragged accountant to billionaire-rich presidentiable by allowing himself to be used as a foreign investor’s dummy in the Philippine real estate business. You see, the conduct of real estate business in the Philippines is made exclusive by law to Filipino citizens, necessarily because its affairs involve sensitive issues that affect civil rights, territory, sovereignty, patrimony, and national security. Wasn’t that a debonair American who was smilingly visible every day at the offices of Crown Asia Inc. way back before the Villars became political aspirants? Unfortunately, sighting American presence at the Crown Asia, Inc. organization deteriorates to zero visibility in hot election weather, especially nowadays! As Manny Villar embarked on a political career, it naturally became strategically imperative to avoid flaks of damaging controversy about being beholden to foreign influence, especially from nationalist camps of the likes of then Senator Teofisto Guingona Jr. who was one among legislators instrumental in passing general law limiting real estate business in the Philippines to Filipinos only. In fact, it was from 1997 to 1999 that the bespectacled, middle-aged, happy American investor (silent, fronted, non-express?) of Crown Asia Inc. was last regularly observed at the 18th Floor of Cityland Herrera Tower. Apart from being born with a silver spoon, most of us often have “humble”, sometimes “rotten”, beginnings; yet being transparent about such beginnings can do more good than harm. The answer may go as far back as Villar’s auditing days at multinational-investor-patronized Sycip Gorres Velayo (SGV) or, perhaps, good Senator Manuel Villar would like to comment on this matter at this time?

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