Business group led by PNoy kin rejects resignation calls

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An alliance of business and industry leaders headed by relatives of President Benigno Aquino 3rd has issued a statement labeling as “counterproductive” calls for resignation of the country’s leader.

The group, which calls itself as Philippines Inc., also rejects demands for the government to abandon the peace process with the Moro Islamic Liberation Front in the aftermath of the January 25 Mamasapano incident that killed 44 police commandos.

“[We] reject as counterproductive both the demands for President Aquino to resign and for the government to abandon the peace talks and launch an all-out war against the Moro Islamic Liberation Front (MILF),” the Philippines Inc. said in a statement on Tuesday.

“History teaches us that the unrest in Mindanao stems from the pervasive underdevelopment of the region, a reality that neither Aquino’s resignation nor an all-out offensive will address. Instead, efforts must go into securing lasting peace in the area by focusing on economic development,” the group added.


Philippine Inc. is headed by media and telecommunications tycoon Antonio Cojuangco with Antonio Lopa as president.

Cojuangco is the second cousin of President Aquino while Lopa’s brother–Ricardo–is married to a sister of the President’s mother, former President Corazon Cojuangco Aquino.

The group also counts Jesus “Susing” Pineda Jr. as vice chairman and Jose Manuel Romualdez as executive vice president with the following as members of its Board: Enrique Razon, Justo “Tito” Ortiz, Tony Tan Caktiong, Aurelio Luis Montinola, Ambassador Alfredo Yao, Eusebio Tanco, Antonio Tuviera, Manuel “Beaver” Lopez Jr., Fausto Preysler Jr., lawyer Miguel Varela, Elizabeth Lee, lawyer Rolando Mario Villonco and Annie Tan- Yee.

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4 Comments

  1. Joel Rodriguez on

    Yang mga kontra Pnoy ay mga taong corrupt at ng kanilang mga kamag-anak. Wala silang bukang bibig kundi pag resign-in si Pnoy upang mabalik sila sa dati nilang gawi na pangungurakot.

    Salamat sa Philippines, Inc.. Nakapag-trabaho na ako sa Jollibee ni Mr. Tony Tan Caktiong noong early 80s sa bilang bookkeeper at masasabi kong honest siyang tao at mabait. Sal palagay ko’y lahat ng miyembro ng organisasyong ito ay mga honest din.

  2. The names mentioned in this article are very familiar as a bunch of rich financial supporters of PNoy during his campaign for the presidency although PNoy really did not need their campaign funds because Sixto and Cesar already assured that the Smartmatic machines will make him win by a landslide. These names were never heard of since day one of the PNoy term because they were kept busy picking-up the fruits of their campaign support. But why are they now speaking in the open. Wala….. PNoy is so desperate about his free-fall that he is requesting all his supporters to go out and give him a lift. Folks, let us remember these names. They are the oligarchs and cronies of PNoy.

  3. Abnoy-noyingski on

    Tumpak Guadalupe, nadale mo! Yan ang buong katotohanan! Ito ang mga taong nakikinabang sa abnoy na yan…dapat yan pare-parehong ilagay sa kawali at prituhin! O pakuluan sa kumukulong mantika! Mga hayok sa pera at kapangyarihan. Mga makakapal din ang mga mukha! Pero sa ganang akin naman (na walang vested interest) ibig ko rin naman na manatili si Abning sa puwesto para may mapagtawanan naman tayo kasi puro problema naman ang naidulot niya sa bayan!

  4. [We] reject as counterproductive both the demands for President Aquino to resign and for the government to abandon the peace talks and launch an all-out war against the Moro Islamic Liberation Front (MILF),” the Philippines Inc. said in a statement on Tuesday.

    Of course, this kind of statement from the kin of the abnoy is to be expected because they are the ones, after all, who benefit from the corrupt rule of the illegitimate president, after their huge donations to the campaign kitty of the abnoy. The Lopezes got back their ABS-CBN from Cory Aquino, without paying a cent for it . So the recompense is that Kris can ask ABS-CBN any amount as talent fee and it shall be granted.

    The sad thing is this Kamaganak group is all for the promotion of their own interests. Never the people’s. Let us not listen therefore to the voice of this self-serving group.