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                    [Title] => Government washes hands off Casecnan
                    [Summary] => Nobody in government is accepting responsibility for the Casecnan project provision requiring government to reimburse the project proponent for its tax payments of $51.59 million, plus 48 percent interest a year to make it $878 million in 20 years.


                    [DatePublished] => 2002-08-16 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1297981
                    [AuthorName] => Efren Danao
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                    [ArticleID] => 171386
                    [Title] => Joker: All kinds of anomalies found in Casecnan contract
                    [Summary] => "All conceivable anomalies could be found in this single contract."


Sen. Joker Arroyo, chairman of the Senate Blue Ribbon Committee, made this comment on the very first day of hearing on the status and operations of the multibillion-dollar Casecnan hydroelectric project.


An inter-agency review committee had previously identified the Casecnan project as one of 27 anomalous contracts entered into by the government with independent power producers. The contract involves the payment of about P6.8 billion a year or P137 billion over 20 years for power and water.

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APOLONIO BAUTISTA

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                    [ArticleID] => 172253
                    [Title] => Government washes hands off Casecnan
                    [Summary] => Nobody in government is accepting responsibility for the Casecnan project provision requiring government to reimburse the project proponent for its tax payments of $51.59 million, plus 48 percent interest a year to make it $878 million in 20 years.


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                    [ArticleID] => 171386
                    [Title] => Joker: All kinds of anomalies found in Casecnan contract
                    [Summary] => "All conceivable anomalies could be found in this single contract."


Sen. Joker Arroyo, chairman of the Senate Blue Ribbon Committee, made this comment on the very first day of hearing on the status and operations of the multibillion-dollar Casecnan hydroelectric project.


An inter-agency review committee had previously identified the Casecnan project as one of 27 anomalous contracts entered into by the government with independent power producers. The contract involves the payment of about P6.8 billion a year or P137 billion over 20 years for power and water.

                    [DatePublished] => 2002-08-09 00:00:00
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                    [AuthorID] => 1297981
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abtest

Government washes hands off Casecnan

By Efren Danao | August 16, 2002 - 12:00am

Nobody in government is accepting responsibility for the Casecnan project provision requiring government to reimburse the project proponent for its tax payments of $51.59 million, plus 48 percent interest a year...

Headlines

Joker: All kinds of anomalies found in Casecnan contract

By Efren Danao | August 9, 2002 - 12:00am

"All conceivable anomalies could be found in this single contract." Sen. Joker Arroyo, chairman of the Senate Blue Ribbon Committee, made this comment on the very first day of hearing on the status and...

Headlines