Sale of twin camps ill-conceived, reckless—Noy ally By Angie M. Rosales 01/12/2011

Sale of twin camps ill-conceived, reckless—Noy ally

By Angie M. Rosales 01/12/2011

Ill-conceived, bordering on being reckless. This was how a Senate ally of President Aquino yesterday described the pronouncements made by his finance secretary over the government’s plan to auction off portions of Camp Aguinaldo and Camp Crame.

Malacañang continued to be bombarded by criticisms over its plans to sell government assets, as announced by Finance Secretary Cesar Purisima, including portions of the prime real properties, the latest of which came from Sen. Ralph Recto.

“The brash notice of sale of Camps Aguinaldo and Crame borders on the reckless. While I admire the Aquino administration’s efforts to raise funds at a time our coffers need it most, the government just cannot display its prime assets ‘on sale’ without studying other options,” he said.

He added that the reason for the sale was not even made clear as well as where the money would be going if the sale pushes through..... MORE

Source:  The Daily Tribune

URL: http://www.tribuneonline.org/headlines/20110112hed2.html