Where did P140M go? – Vitangcol

A still unknown powerful individual was paid some P140 million by Inekon officials ostensibly in exchange for bagging the contract for the supply and maintenance of the controversial MRT3. This was contained in one of the two documents – one signed and one unsigned - obtained over the weekend by The Manila Times. Both were letters addressed to DOTC Assistant Secretary Jaime Caringal.

If true, the delivery of the P140-million grease money could have taken place even before the botched alleged $30-million shakedown for the supply deal for the MRT3 coaches had happened.