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On Target
Erap losing sleep these days?

By Ramon Tulfo
Philippine Daily Inquirer
First Posted 01:14:00 03/12/2009

Filed Under: Local authorities

A source inside the Erap camp told me the deposed President is losing sleep over the affidavit executed by former police Senior Supt. Cesar Mancao.

The contents of the affidavit, executed in the United States, will be revealed as soon as Mancao comes back from the US.

Mancao and a former police official, Michael Ray Aquino, escaped to the US after being charged with the murder of publicist Bubby Dacer and his driver Emmanuel Corbito.

Why Erap is filled with anxiety over the Mancao affidavit my source cannot say but I can guess based on interviews with other sources.

Erap and Dacer were compadres but had a falling out before the latter?s abduction by men reportedly from the Presidential Anti-Organized Crime Task Force (PAOCTF).

Days before he and Corbito were abducted, the PR man allegedly had a heated argument with Erap in Malacañang over a government scandal that was about to be exposed by the media, according to people I interviewed.

I am not making any accusations, but who had the motive to have Dacer rubbed out?

* * *

While Erap was still in office, then Director General Panfilo Lacson, chief of the Philippine National Police and concurrent head of the PAOCTF, was quoted to have said that Erap might be the first sitting President who might be arrested and handcuffed.

In what context did Lacson say that? Why would the PNP chief say that of his Commander-in-Chief?

Did it have something to do with Dacer and Corbito?s murders, or did it have something to do with the disappearance of Edgardo Bentain, an employee of the Philippine Amusement and Gaming Corp. (Pagcor)?

Bentain exposed then Vice President Erap?s addiction to gambling by providing Manoling Morato, Erap?s nemesis, with a videotape of Erap playing baccarat with friends at a Pagcor-run casino.

Bentain disappeared after Erap became President.

* * *

To people who think that their crime will go unpunished after a lapse of so many years, think again.

The law of karma is precise: You will reap what you sow.

No karmic debt ever goes unpaid.

* * *

If the military was involved in the abduction, rape and murder of a 20-year-old daughter of a top communist guerrilla, it has lost its moral authority to be the ?defender of the people.?

The military, if indeed it was guilty of executing Rebelyn Pitao ? whose only fault is being the daughter of NPA leader Leonardo Pitao ? has gone down to the level of goons.

* * *

The Securities and Exchange Commission (SEC) seems to have failed to learn its lesson from the recent Legacy fiasco.

It continues to be timid in situations where it has an obligation to act fast and forcefully to protect the public from illegal schemes and deter wrongdoers.

I have previously written that two British nationals have been caught offering securities under Nomad Land Corp., a nonexistent firm, for the purchase and development of a property without any license or authorization from the SEC.

Worse, the property they are proposing to develop is subject to a civil case that they have not informed their investors about.

The SEC issued a cease-and desist-order against these British nationals but has so far failed to file any criminal case against them despite their clear violation of the Securities Act.



Copyright 2012 Philippine Daily Inquirer. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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