Water firms’ civic foundations just a ‘show off’

By: - Reporter / @KAguilarINQ
/ 09:07 PM January 17, 2020


MANILA, Philippines — President Rodrigo Duterte on Friday lambasted anew the water concessionaires Manila Water and Maynilad, this time calling their civic foundations a mere “show off.”

“Ang pinakamayaman pa ang may mga foundation for the poor. E ilan lang naman na estudyante ang binibigyan nila [The richest have the foundation for the poor. But they are giving just to a handful of students]. Just a show off,” Duterte said in a speech during a thanksgiving gathering with the Fraternal Order of Eagles in Davao.


Duterte claimed the foundations only give back to show they have “corporate conscience” yet only provide scholarships for the rich.

“Just maybe convey to the Filipino nation, ‘We are rich but we have a corporate conscience.’ You know this, Ayala foundation, sending scholar. Ang kinukuha naman nila mga anak ng mayaman [But they are only getting the children from rich families],” Duterte said.


The President made this remark as he reiterated his call for the concessionaires to sign the new contract without the onerous provisions, or the government would have to take over the water service.

“Pag-aralan daw nila but I tell you, you better sign the contract because it is good for the Filipino. You do not sign it, I will take over. I will nationalize the water in my country para hindi ninyo magamit,” he said.

Duterte had earlier slammed Maynilad and Manila Water for supposedly milking billions of pesos from the people and the government over the 1997 water contract.

New contracts crafted by the Justice department are being offered to the water firms but Duterte said there is no guarantee they will not be prosecuted over the original deals.

Edited by JPV
Read Next
Don't miss out on the latest news and information.
View comments

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: Malacañang, Manila Water, Maynilad, Palace, President Rodrigo Duterte, water concessionaires
For feedback, complaints, or inquiries, contact us.

© Copyright 1997-2020 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.