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Gibo in the end? BLURBAL THRUSTS Louie Logarta 03/21/2010

Sunday, March 21, 2010






Gibo in the end?


BLURBAL THRUSTS
Louie Logarta
03/21/2010

There is a lesson to be learned regarding President Arroyo’s unexpected scuttling of the $100-million (or around P2.5 billion) “midnight deal” that was being hatched by certain bright fellows in the Clark International Airport Corp. (CIAC) — share the sunshine.

As the Big Bird character said during one of the episodes of the iconic Sesame Street television show catering to toddlers and young kids that was totally big in the 1970s, what this means is simply don’t be greedy.

Well, lust or the all-consuming desire for money is what probably led to Arroyo’s termination of the plan of certain CIAC officials to award to the Kuwaiti firm Al Mal Consortium the multi-year contract to develop and manage a world-class passenger terminal at the Diosdado Macapagal International Airport (DMIA) situated right inside the Clark Freeport.
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SourceThe Daily Tribune

ALTERNATE URL: http://www.tribune.net.ph/commentary/20100321com4.html

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