A militant group on Friday slammed the “unconscionable” payment by the government of P7.5 billion in penalties to the private consortium that won the Light Rail Transit (LRT) 1 extension contract last year, saying such a “sovereign guarantee” will be shouldered by taxpayers.
Bagong Alyansang Makabayan (Bayan) secretary general Renato Reyes Jr. released to the media what he said was a letter request made by Transportation Secretary Joseph Emilio Abaya on August 7, 2015 to Budget Secretary Florencio “Butch” Abad for the release of the amount to the Ayala-Metro Pacific consortium Light Rail Manila Corp. (LRMC).
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