• Probe MVP’s ‘unfair’ trade ways – Trillanes

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    Senator Antonio Trillanes 4th wants Manuel V. Pangilinan or MVP to appear before the Senate not only to explain why his company, Maynilad Water Services Inc., recently raised its rates but also to refute allegations about unfair practices of Maynilad and other firms that the business tycoon owns.

    According to Trillanes, who recently filed a resolution calling for investigation of the water rate increases by Maynilad and the Ayala-owned Manila Water Co.Inc., it would be better if Pangilinan himself attended hearings.

    If the tycoon cannot make it, his officials will do “as long as they can clearly explain the issue,” he said in a radio interview aired over dzBB on Sunday.

    The senator added that Pangilinan also owns Manila Electric Co. (Meralco), Philippine Long Distance Telephone Co., Smart Communications and broadcast network TV5, among others.

    “It’s high time that we check on Pangilinan, where did he and his money come from and how was he able to get money he used in investing in numerous businesses,” Trillanes said.

    He, however, added that his plan to look into the tycoon’s business ventures is not personal, noting that he does not even personally know Pangilinan.

    “He (Pangilinan) is making money and ordinary people are his milking cows and I consider that as unfair business practice,” Trillanes said.

    Although there are laws against abusive companies and unfair business practices, according to him, nobody has the courage to go after Pangilinan, the reason why he wants the Senate to step in and expose how the tycoon is running his businesses.

    The senator said he wants hearings to be conducted immediately but, since he is not the chairman of the Senate Committee on Public Services, he is left with no choice but to wait for the panel’s head to decide.

    Maynilad and Manila Water last week raised water rates after the Metropolitan Waterworks and Sewerage System approved their requests to do so.

    They pointed to their foreign currency differential adjustment or FCDA to reflect changes in the value of the peso against other currencies.

    Manila Water increased its rate by 36 centavos per cubic meter or an additional P20.26 for a household consuming about 30 cubic meters a month and Maynilad, by 38 centavos per cubic meter or P 9.15 more for a consumption of 30 cubic meters.

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    11 Comments

    1. Why don’t Trillanes concentrate on catching the crooks in the government? MVP sure has a lot of companies which in turn provides millions of jobs to Filipinos and his companies also pay taxes mandated by the government. What does the government do with the taxes we pay? Some of the lawmakers have pork barrel funds which they use in inexplicable ways. Who are the ones we need to probe? Maybe we need to probe Trillanes and his fellow lawmakers and see what they’re hiding.

    2. rufino santos,jr. on

      Panay imbestiga!magtrabaho kna sa paggawa ng batas.sayang pera nmin sau.san mo ba dinala pork barrel mo?why dont you investigate the senate about the pdaf and dap?lousy hypocrit!

    3. “He (Pangilinan) is making money and ordinary people are his milking cows and I consider that as unfair business practice,” Trillanes said.

      Based on what Trillanes said, he doesn’t know what he’s talking about, Trillanes is an idiot or just trying to divert attention from his own personal failings. Let’s examine what he just said….If I was a businessman and I invest millions of my own or my company’s money to provide a service to the public, of course, I want to make a big profit as much as possible! That is not an unfair business practice; what’s unfair is for the gov. to let only 2 telecom companies – PLDT & Smart, to provide most of the Phils.’telecom service! The politicians allowed this..including Trillanes…the Phils. has a weak competition (anti-monopoly) insititutions., unlike in more advance economies.

    4. Halfingfalidor Bloodrose on

      Fresh from his humiliating defeat in the hands of Vice President Binay, Senator Trillanes makes another attempt for the crown of Muckraking Maestro. I believe him when he says he has nothing personal against Pangilinan. He just needed to move to a softer target when he couldn’t find any eveidence against Binay. Judging from his sweeping statements above that are of the ‘rich people are evil’ mentality, we can expect pretty much the same ouitcome for this time-wasting, glory-seeking performing clown.

      • BOYCEE FERNANDO on

        Hello, hijo, where have you been? Living under a rock or in Phil deep? When did Binay ever beat Trillanes … don’t you know that it was Binay who lost his balls in facing Sonny in a debate na si Binay pa naman ang naghamon? GISING NA, HIJO. TANGHALI NA! NAHUHULI KANG MASYADO SA BALITA! KAYA BALIGTAD SA KATOTOHANAN ANG ALAM MO! NAKAKAAWA KA NAMAN!

    5. Would the majority Filipinos still believe him and his co-member (Cayetano and Pemintel) of the Three Rotten Eggs in the Senate. They are good as the fallen Angels whose intelligence valued only like a toilet paper. They wasted their times and government money just for their Character Assassin Operation but achieved no less than the ugly look on their faces by majority Filipinos.

    6. I think he is right to check out not only this guy but in order everyone at the top of companies as none are honest. All with do what they can get away with to make more money. If they are crooks catch them & jail them.

      • Simon Ybarramendia on

        You have to have solid probable cause before you conduct a probe. Otherwise, it will just be another form of harassment.

    7. Margarita Bautista on

      Trillanes is so misinformed. Kung feel niya mag investigate eh mag pa appoint nalang siya as Fiscal or Ombudsman. The Senate is the upper house of Congress. It’s main job is to legislate. Investigations come only as part of legislation (“in aid of legislation ika nga). So what legislation is Trillanes supposed to have introduced to merit the investigation of MVP? Did we vote for Trillanes as a Senator or an Investigator?

    8. apolonio reyes on

      Sen. Trillanes, dapat investigahan din ng senado yuon mga MWSS officials na PUMIRMA NG ONE-SIDED CONTRACT IN FAVOR OF THE MVP-AYALA GROUP OF COMAPNIES LABAN SA KAPAKANAN NG MAMAMAYAN AT CONSUMERS. AKO AY NANINIWALA NA DAPAT IHABLA NG OMBUDSMAN AT PAKULONG NG SANDIGAN BAYAN LAHAT NG PUMIRMA MGA MWSS OFFICALS KASAMA PATI MGA OFFICIALS NG MVP-AYALA GROUPS OF COMAPANIESSA PAG TRAIDOR SA BAYAN. DI BA SEN. TRILLANES ?