- Written by Charlie V. Manalo
- Saturday, 28 July 2012
“In view of the simultaneous price hikes of oil, electricity and basic commodities, I appeal to the Aquino administration to freeze and conduct an inquiry into the impending water overpricing by Maynilad and Manila Water and to conduct an inquiry into their issue of syndicated estafa with regard to previous cancelled projects,” Ejercito said.
“There is a need to investigate these water firms, especially that they continue to collect payments for the construction of the Laiban Dam and the Angat Dam Irrigation Replacement Project which have already been mothballed. Refund and cancellation of payments have been ordered by MWSS. But until now, no refunds have been made by both water service providers,” the San Juan solon explained.
Thus, with records showing that the collection for the dam projects already amounted to more than P6 billion, Ejercito said there is no need for Maynilad and Manila Water to increase their water rates to P0.89/cu.m for the third quarter of 2012..... MORE
Source: The Daily Tribune