Leave private companies alone!

THE two Cayetano children in the Senate may want to look back to the days when BW Resources Corp. (BWRC) was the “apple of the eye” of Congress. Perhaps they were then still too young to remember that the company, which was listed on the Philippine Stock Exchange, was investigated by the Senate in aid of legislation. What happened to said congressional inquiry?

Today, the most crucial question that begs an answer about this case is this: Who benefited from the unusual surge in the price of BWRC shares? Perhaps Alan and Pia Cayetano would know the answer. Even Teofisto Guingona 3rd is welcome to volunteer a response if he had listened to his old man’s “I accuse” privilege speech in the Senate. He might even know the direct object of the transitive verb his father used.