Cancel PNoy’s PPP ‘midnight deals’

With less than four months left in his term, PNoy no longer has any business bidding out public-private partnership (PPP) projects. He had six years to do it. Soliciting bids for infrastructure projects in the last two minutes of PNoy’s presidency smacks of a “midnight deal” from which outgoing officials of his administration can extract a “pabaon” should immediately cancel, if not suspend and review, any PPP bidding or contract done between now and June 30, 2016.

The newly-appointed executive director of the PPP Center, lawyer Andre Palacios, announced last week that the Aquino administration is still planning to auction off some $6.5 billion (or P312-billion) worth of projects before PNoy bows out at the end of June, the biggest of which is the P128-billion Laguna Lakeshore road and dike project.