Payumo, BCDA retreat on SCTex deal
BLURBAL THRUSTS |
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Louie Logarta |
It was all about money, actually. Or, more precisely, the lack of it.
Manila Mayor Alfredo Lim has candidly admitted that the underlying reason for the “great schism” currently existing between himself on one hand and Vice Mayor Francisco Domagoso and several members of the City Council on the other has totally nothing to do with politics, but with economics.
“Hindi tama ang kanilang madaliang pag-apruba ng isang ordinansang magpapa-exempt ng Smart Telecommunications sa lahat ng franchise at realty taxes na nauukol sa Lungsod ng Maynila,” Lim said in an exclusive interview. (“It was highly irregular for them to have railroaded approval last April of a city ordinance exempting Smart Telecommunications from paying franchise and realty taxes to the city government.”).... MORE
Source: The Daily Tribune
URL: http://www.tribuneonline.org/commentary/20110609com4.html
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