PNoy’s ‘midnight deals’? PDF Print E-mail
Thursday, 03 March 2016 13:44



LIFE’S INSPIRATIONS: “… Righteousness exalts a nation, but sin is a disgrace to any people…” (Proverbs 14:34, the Holy Bible).

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PNOY’S “MIDNIGHT DEALS”? Do you recall how President Aquino and his cabal went berserk over the installation of former Supreme Court Chief Justice Renato Corona by then President Gloria Arroyo just before the May 2010 elections, saying it was an anomalous case of a “midnight appointment” allegedly intended to sabotage Aquino’s campaign to clean the judiciary?

Well, I have news for you, fans of Noynoy: just barely three months before he bows out of the presidency, he is engaged in selling, left and right, valuable government assets and properties at the Manila piers in Tondo District. The case of a 7,100 square meter land belonging to the Social Security System (SSS) which was sold just a few days ago is a case in point.

News accounts say that this property was sold at P264 million. Now, if we divide P264 million by 7,100 square meters, the per square meter value of this land in this sale would appear to be only P37,100.00! Surely, this could be considered some sort of a bargain sale in favor of the buyer. My understanding is that, lands in the pier area in Tondo could be priced at P100,00.00 per square meter, and that would still be considered reasonable.

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PNOY IN A HURRY TO SELL GOV’T ASSETS: Noynoy should explain to our countrymen: it is a known fact that ever since he assumed the presidency in 2010, his government engaged in what is now known as “underspending”, which means refusing or failing to disburse and spend government funds for the projects they were allotted for in the yearly budget.

This “underspending” would further mean that the government is awash with cash and, therefore, wouldn’t be needing further money from any source. So, why should Noynoy’s government go on a selling binge at this point that it has so much cash in its disposal, with only three months to go before his term ends?

The latest news from his officials is that Noynoy’s government is also bent on selling other multi-million SSS properties between now and June 30, 2016, his last day in office supposedly, like another piece of real estate in the piers known as Block 17, and 49 other commercial lots in Tondo valued at P1.5 billion.

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ARE COMMISSIONS BEHIND THE SALES OF GOV’T ASSETS? Surely, what Noynoy is doing with the SSS properties, which he is also doing with properties belonging to the Government Service Insurance System (GSIS) and the Department of Health and even other government offices, is not only a “midnight sale”, but a “totally scandalous sale.”

Indeed, what’s the hurry in selling these government properties? Why is Noynoy fasttracking, as it were, the sale of these properties now that he is about to leave? Could there still be any noble and significant reason for this? Or, is his government simply hurrying the disposition of government assets so that the appropriate commissions could already be collected?

In attacking Arroyo’s installation of Corona as chief justice in the waning days of her government, Aquino repeatedly invoked his mantra about “righteous governance”, fiercely attacking his predecessor by calling her a “corrupt president”. Now that Noynoy himself is doing all he can to strip the country of its valuable asset, at bargain prices at that, what are we to call him?

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PLEASE WATCH OR LISTEN: “Tambalang Batas at Somintac”, a news-commentary radio program, aired at DZEC 1062 kHz and other Radyo Agila provincial stations, at and at (type DZEC Radyo Agila Tambalang Batas at Somintac 1062 Live), 6 to 7 in the morning, Philippine time. Phone: 0922 833 43 96, 0918 574 0193, 0977 805 9058. Email: