GMA faces charges in NorthRail contract
By Angie M. Rosales and Charlie V. Manalo 10/13/2010On top of the cases being faced by former President, now Pampanga Rep. Gloria Arroyo, another controversial deal sealed during her incumbency is likely to add to the pile of legal battles she will have to hurdle.
Sen. Sergio Osmeña III yesterday urged the filing of graft charges against Arroyo and other concerned officials involving the alleged ano-malous $503-million project of North Luzon Railways Corp., following a hearing on the proposed budget of the Depart-ment of Trans-portation and Communications (DoTC).
Osmeña said there is no need to stop the project since the government has already spent $200 million for the project which will link Caloocan City to Clark in Pampanga via a 80.2-kilometer railway system.
It was envisioned to be operational last February but was suspended in 2009 when China National Marketing and Equipment Group (CNMEG) contracted to undertake the project sought additional payment, citing inflation and foreign exchange issues, among other things.... MORE
Source: The Daily Tribune
URL: http://www.tribuneonline.org/headlines/20101013hed3.html
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