Behest sale
| N.O . N.O.N.S.E.N.S.E |
 |
| Jacinto ‘Jing’ Paras |
If Sen. Serge Osmeña will look into the possibility that Ashmore may have violated some laws of the country and such violation was aided by certain government officials, he should inquire into the sale of the 40 percent share of Aramco in Petron to Ashmore.
It appears that Philippine National Oil Co. (PNOC) waived its right of first refusal in favor of Ashmore after which the sale of Aramco shares in Petron was hurriedly consumated despite the suspicion that Ashmore was not a qualified buyer in view of certain conditions set under the Aramco-Petron Sale Agreement. However, it is bruited about that certain PNOC officials allegedly manipulated the sale thereby ignoring and brushing aside the conditions that were supposed to be followed.
If the conditions in the original Aramco Petron Sale Agreement were only followed strictly, Ashmore may not have qualified as the third party buyer of the Aramco shares. .... MORE
Source: The Daily Tribune
URL: http://www.tribuneonline.org/commentary/20111113com5.html
1 comment
hula ko maa.aprobahan ang paglabas ni dorobo arobo. kung hindi ba naman kasi moro.moro eh, dapat noon pa kinasuhan na plunder para hindi na makaalis. palibhasa secret candidate ni "pangulong" abs at ng cia....
"The Supreme Court should focus on every citizen’s right to travel as provided in the Constitution and not only of citizen Gloria. The issue that should be resolved once and for all is not the right of Arroyo to travel for medical reasons but simply that a citizen is given such right under our Constitution and if this right can be trampled upon by mere whims and vendetta, but not on the basis of law or evidence. Isn’t it a cardinal right of a citizen to travel in the absence of any impediment such as a court order? And this right should even be extended to Ramona Bautista and others like her who have yet no case being filed in court."
Post a Comment