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Palace: NAIA-3 row to be resolved in RP interest, not German no-aid threats By Aytch S. de la Cruz 01/06/2011

Thursday, January 6, 2011

Palace: NAIA-3 row to be resolved in RP interest, not German no-aid threats

By Aytch S. de la Cruz 01/06/2011

Reacting to reports that the German government will not be releasing the P2 billion in aid for Mindanao until a resolution of the airport terminal row comes about and will likely shy away from investments in the country, Malacañang continued with its defiant stand, saying that the Palace will be putting the interests of the Philippine government over Germany’s Frankfurt Airport Services Worldwide (Fraport AG).

However, the Palace also expressed willingness to finally resolve the longstanding disputes among all the parties concerned with respect to the operation of the controversial Ninoy Aquino International Airport Terminal 3 (NAIA-3).

At the same time, it was disclosed that the legal fees, said to amount to $50 million for the legal team hired by government to handle the Philippine International Air Terminals Co. (Piatco) and Fraport, among whom are former Justice Florentino Feliciano and now Supreme Court JusticeLourdes Sereno, have not been liquidated at all.

Malacañang earlier denied that such an amount was paid and received by the legal team..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/headlines/20110106hed2.html

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