That is, if President Aquino is willing to do so, and willing to risk the ire of his corporate backers in the industry. That is, if he has the competence to do so.
The P8-billion rip-off? The super-profits a group of power generators will get as a result of Meralco’s irresponsible purchase from them in November of grossly overpriced electricity, the cost of which is passed on to five million Metro Manila consumers in their December bills.
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