NFA’s debt grew by P30-B under Arroyo, says Drilon

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MANILA, Philippines – Six months before the 2010 elections, the liability of the National Food Authority (NFA) during the time of then President Gloria Macapagal-Arroyo allegedly grew by almost P30 billion, Senator Franklin Drilon said on Tuesday.

From P147.5 billion in December 2009, NFA’s debt rose to P176.8 billion by June 2010, an increase of P29.3 billion, Drilon said, citing records submitted to the Senate committee on finance, which he heads.

The increase, he said, was similar to the increase in liability incurred from 2008 to 2009.

“What is significant about the first six months of 2009?” he asked. “Noong panahon ng election ay lomobo ang utang ng NFA sa anim na buwan ng sa P29 billion (During the election period, the debt of the NFA grew by P29 billion in six months).”

From P176.8 billion, Drilon said, the Aquino administration has reduced the NFA’s liability to P147.4 billion.

“So this is a burden that this administration had to carry and the Secretary has assured that this will be continuously addressed,” he said, referring to Agriculture Secretary Proceso Alcala.

“The borrowing guarantees for 2013 are indicated at P21.6 billion,” Drilon added.

Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of INQUIRER.net. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.

  • MrJoseRizal

    Grabe talaga itong pamilyang GMA na ito, binaboy talaga ang bayan. Just too greedy, kahit anong luho niya di na mauubos naman pera ninakaw niya, pero sige pa rin nang sige. SICK!!!

  • doublecross

    hokus-fokus ng mga mag-
    nanakaw na gaya ni president(daw) gloria.
    kung wala ang pera, sigurado nai-bulsa!
    ganun lang yon!!!!!!!!!!

  • Ray_G

    another one bites the dust!! don’t worry Filipinos, there are lots more!! 

  • http://pulse.yahoo.com/_4R3GZTGML26TV2VGS6RVHP2THM Fred

    Naku, Mr Frank Drilon, pag nabasa ito ni GMA
    malamang may panibagong sakit sa katawan nya
    ang lalabas, at maaaring cancerous pa.
    Grabe and kamandag na naiwan, grabee!
    Ikulong din ang iba pang sangkot.

  • sacrebleau

    Not surprising. You get a piece of the pie if you were well-connected and had a pretty good power point presentation in GMA’s time – but one important rule was that Mike Arroyo called the shots, so you had to show him a pie chart of how much he was going to get.

  • http://profile.yahoo.com/SHJZR76LIZ3P6EC3DHL5RKXKAU Sargo

    Wow, si President Arroyo papala president ngayon?!? anakng teteng ilan taon na move on atakihin ka sana sa puso baboy

    • droccu

      Ano sabi mo …”move on” ? Forgive and forget ba yung 30 Billion na ninakaw ni GMA? 

      • juncas

        may share siguro si Sargo sa 30 Billion.

    • http://profile.yahoo.com/UZF4OTGY4BREFE42RXP7FZJKFY Ding

      Kita ang basura sa konsiyensiya ng mga tagapagtanggol ng kasamaan.

  • Branch_Warren

    “What is significant about the first six months of 2009?” he asked. “Noong panahon ng election ay lomobo ang utang ng NFA sa anim na buwan ng sa P29 billion (During the election period, the debt of the NFA grew by P29 billion in six months).”

    Let’s get straight to the point Mr Drilon. It is useless to tell everyone about the what happened but the most important thing is how and why it happened.
    The statement above is just implying she stole it for thte elections. If this is true, we need another case for her.

    yikes. she might die of so much illness.

    • ramelatilano

      so talk to drilon and ask….ha ha ha let be frank…also if GMA didnt get that amount then that it ha ha ha

  • http://pulse.yahoo.com/_L7PILUDK6IPFGJLJNCM2IROCRY Albin

    Ha? Si GMA pa din ang topic? Wala nang magawa si Drilon, gusto lang mapag-usapan. Natatandaan ko pa kung paano makasipsip dati ito kay gma, gusto pag ilipat sa iloilo ang malacanang. Oink-oink!

    • ramelatilano

      gulat ka ha…ha ha ha…kala mo lutong makaw …..ha…lutong mike..yan parang helicopter..ha ha ha..di mo naman ma waglit ang nakaraan eh…he he he

    • http://profile.yahoo.com/UZF4OTGY4BREFE42RXP7FZJKFY Ding

      Hindi matatapos ang topic na iyan, hangga;t nagtatago sa ICU ang may pananagutan…naging contagious na nga, dahil marami na sa mga kaallyado ang nahawa.
       

  • http://profile.yahoo.com/N2QA6YVV4JWJWH5OZ75MC5Y3ME BS

    why the need to outdone the performance of the Gloria admin when it is considered the worst president we had…does it mean this administration is aiming to be better than Gloria thus becoming the 2nd worst president of PH ?

    • http://profile.yahoo.com/UZF4OTGY4BREFE42RXP7FZJKFY Ding

      Ayusin mo muna ang English mo, kabayan kung kabayan ka nga na nagmamalasakit sa Pilipinas at sumusuporta sa mga naglilinis ng mga basurang nilikha ng mga PangitNaBudhi at WalangDiyos…at next time, lagyan mo ng sense o encouragement ang sinasabi mo
       

      • http://profile.yahoo.com/N2QA6YVV4JWJWH5OZ75MC5Y3ME BS

        ding dong dang…you may correct my grammar if you wish but it is better if you refute my comment here…there is no sense in what you are replying…you are typical yellow color-cyst fanatic.

      • http://profile.yahoo.com/UZF4OTGY4BREFE42RXP7FZJKFY Ding

        BS as in Bastos Strategy…no one or nothing can outdo the worst…that’s extreme…superlative…BAD, WORSE, WORST…
        Better is the opposite of worse, in the comparative analysis
        so, Better and Worst are world’s apart
        Better is higher than Good,,,GOOD BETTER BEST
        Kaya, kahit sa Pusoy, tilampok ang Worst.

        Sa recent history, worse and worst ang nakita…
        Kaya sa pagsulpot ni PNoy sa current events,
        nakikita na ang THE BEST…imagine!  Pinagtitiyagaan,
        pinagsisikapan niyang patagin
        SA PAGLIKHA NG TUWID NA DAAN
        ang kumunoy sa kabulukan ng halos 13 taon.

  • Cal_Reznick

    Is this true? Or is Mr.Drillon already starting his campaign for re-election?? Or better yet, he’s just trying to gain the favor of Mr. President???

    • http://profile.yahoo.com/UZF4OTGY4BREFE42RXP7FZJKFY Ding

      Hindi na kailangan no’ng great Senator na ‘yan ang mangampanya…paborito ‘yan ng mga taong may pagmamahal sa bayan at sa mga taongbayan.
       

  • http://profile.yahoo.com/774GDBSB7VKLWOSCFNUWDASE24 Roby

    PWE KA BABOY KANG BABOY_DRILON

    • http://profile.yahoo.com/UZF4OTGY4BREFE42RXP7FZJKFY Ding

      Kitang kita ang karakter mo sa sinasabi mo, ni hindi ka yata nahihiya sa mga ibinubunghalit mo. Mga ganyang kabastusan ba ang pinakamaganda niyong magagawa para sa bayan at sa taongbayan? Kayo ang may kasalanan kung bakit nagkaroon ng cybercrime law.

  • blainz

    GMA supporters are very anxious to “move on”.

    Unfortunately, debt does not move on. It just keeps compounding interest.

    To see how far we have “moved on” from Marcos, the interest on the debt incurred for the Bataan Nuclear Power Plant is still being paid by the country at the rate of more than US$100,000 a day. Not one watt of electricity produced.

    Let those who clamor for moving on pay for the debts assumed by corrupt administrations. Then the country moves on, with no debt to strangle future generations.

    Good job by Secretary Alcala in reigning this problem in before getting out of control.

  • http://profile.yahoo.com/UZF4OTGY4BREFE42RXP7FZJKFY Ding

    Kung wala ‘yang mga pagkakautang na ganyan, naging mas maayos sana ang lagay ng ekonomiya ng bansa…kahit ang mga may kinalaman sa kung ano at bakit nagkautang ng ganyan, puro gustong sa ICU magpunta, kaysa liwanagin ang mga issue. 

  • http://profile.yahoo.com/UZF4OTGY4BREFE42RXP7FZJKFY Ding

    Kitang kita sa mga salita nila ang mga nagtataguyod sa masamang henerasyon sa kasaysayan ng Pilipinas. Mahahalata ang PangitNaBudhi, WalangDiyos, UgalingKabayo, BuntotSungay…bwaaah…ang ICU ang magpapatunay na kung tatanggihan niyo ang pagkakataong i-ayos ang mga konsensiya ninyo, habang naririto pa kayo, pag lagpas niyo sa ICU, point of no return na iyon…sana ma-realize ‘niyo ‘yan.

  • http://www.facebook.com/aprilyn.otida Aprilyn Lake- Otida

    what a word from a cold blooded political vampire…Drilon…Noong panahon ni Gloria itong sabi niya “kung ayaw ng taga Maynila doon ka sa bayan namin yayakapin ka namin doon” and now one of the big names political butterfly sa matuwid na daan ni Pnoy.

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