2001
Few days after assuming the Presidency, Gloria Macapagal-Arroyo approved the $470M hydroelectronic power contract to an Argentinean power firm, IMPSA. Former Congressman Mark Jimenez accused former Justice Secretary Hernando Perez as the main man of the alleged multi-billion scam, known ally of the Arroyo’s. The congressman detailed the bribes; $7 million to himself, $2 million to Perez, $1 million to National Power Corp. Officials and $4 million to the Office of the President.
2001
The FIVE (5) KILOMETERS Diosdado Macapagal Boulevard which is overpriced by P532 million from its original cost.
2003
Senator Edgardo Angara alleged that the Office of the President tried to extort $20 million from a German Company, Fraport which built the new airport terminal.
2003
Senator Panfilo Lacson claim that First Gentleman Mike Arroyo used pseudonym ‘Jose Pidal’ to laundered P321 million as campaign funds.
2003
An alleged $7.5M real estate transaction of undeclared assets from 1992 to 2004 of the Arroyo’s in U.S.
2004
The P1.3 billion poll computerization project by then Commission on Election Chairman Benjamin Abalos, a known ally of President Arroyo was discovered OVERPRICED by P500 million.
2004
In 2004 election President Arroyo allegedly used for her PERSONAL GAINS P700 Million of agricultural funds.
2005
Another jueteng scandal involving the First Family. A confessed jueteng operator claimed that the Arroyo’s received P500,000 to P1 million every month from illegal gambling operators.
2005
Another over-priced project made possible without public bidding. The $400 million North Rail Project.
2007
The National Broadband Network and ZTE deal which is overpriced by $329 Million. Again. First Gentleman Mike Arroyo and known ally former COMELEC Commissioner Benjamin Aballos are accused of manipulating the project.
2007
The controversial National Transmission Corp. (TransCo) bidding which is valued at P138 billion. One of the company involve is Monte Oro Grid Resources Corp., which is associated with businessman Ricky Razon, with business interest in ports of Manila and abroad, and a known ally of the First Family.
Other companies involved are State Grid Corp. of China and Calaca High Power that offered $3.95 billion to operate TransCo.
Few days after assuming the Presidency, Gloria Macapagal-Arroyo approved the $470M hydroelectronic power contract to an Argentinean power firm, IMPSA. Former Congressman Mark Jimenez accused former Justice Secretary Hernando Perez as the main man of the alleged multi-billion scam, known ally of the Arroyo’s. The congressman detailed the bribes; $7 million to himself, $2 million to Perez, $1 million to National Power Corp. Officials and $4 million to the Office of the President.
2001
The FIVE (5) KILOMETERS Diosdado Macapagal Boulevard which is overpriced by P532 million from its original cost.
2003
Senator Edgardo Angara alleged that the Office of the President tried to extort $20 million from a German Company, Fraport which built the new airport terminal.
2003
Senator Panfilo Lacson claim that First Gentleman Mike Arroyo used pseudonym ‘Jose Pidal’ to laundered P321 million as campaign funds.
2003
An alleged $7.5M real estate transaction of undeclared assets from 1992 to 2004 of the Arroyo’s in U.S.
2004
The P1.3 billion poll computerization project by then Commission on Election Chairman Benjamin Abalos, a known ally of President Arroyo was discovered OVERPRICED by P500 million.
2004
In 2004 election President Arroyo allegedly used for her PERSONAL GAINS P700 Million of agricultural funds.
2005
Another jueteng scandal involving the First Family. A confessed jueteng operator claimed that the Arroyo’s received P500,000 to P1 million every month from illegal gambling operators.
2005
Another over-priced project made possible without public bidding. The $400 million North Rail Project.
2007
The National Broadband Network and ZTE deal which is overpriced by $329 Million. Again. First Gentleman Mike Arroyo and known ally former COMELEC Commissioner Benjamin Aballos are accused of manipulating the project.
2007
The controversial National Transmission Corp. (TransCo) bidding which is valued at P138 billion. One of the company involve is Monte Oro Grid Resources Corp., which is associated with businessman Ricky Razon, with business interest in ports of Manila and abroad, and a known ally of the First Family.
Other companies involved are State Grid Corp. of China and Calaca High Power that offered $3.95 billion to operate TransCo.
