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Pagcor’s smelly ‘corporate governance’ CROSSROADS Jonathan De la Cruz 03/07/2012

Wednesday, March 7, 2012

Pagcor’s smelly ‘corporate governance’

CROSSROADS
Jonathan De la Cruz
03/07/2012
If Secretary Edwin Lacierda and his colleagues in that three headed Palace Communications Group (PCG) think they have drowned out public outrage over their hasty clearing-cum-bumbling defense of Philippine Amusement and Gaming Corp. (Pagcor) Chairman and CEO Bong Naguiat’s decidedly illegal acceptance of “gifts and cash” from Japanese pachinko king and Pagcor Entertainment City locator, Kazuo Okada, they have another think coming.

Up to now, loads of letters and messages condemning Naguiat’s stance and the administration’s double standard have been pouring in non-stop. They were particularly incensed by P-Noy’s insistence that his administration has afforded both Naguiat and Chief Justice Renato Corona the “presumption of innocence” which is a laugh given the battering which the latter has been subjected to from day one of this daang matuwid regime..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/commentary/20120307com4.html

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