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Old June 2nd, 2016, 05:00 AM   #81
absinthe_888
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What's so laughable with this project is that this was the first to be tendered and awarded yet STILL NOTHING.

While MRT-7 which languished for almost 7 years is doing soil testing and preparing for actual civil works.

Matatawa na maiiyak ka na lang sa inis.
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Old June 2nd, 2016, 05:06 AM   #82
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Quote:
Originally Posted by absinthe_888 View Post
What's so laughable with this project is that this was the first to be tendered and awarded yet STILL NOTHING.

While MRT-7 which languished for almost 7 years is doing soil testing and preparing for actual civil works.

Matatawa na maiiyak ka na lang sa inis.
And wasn't LRT1 SEP PNoy's supposedly trophy project? One of the largest, if not the largest PPP contract under his watch? While MRT7 was PGMA's project which could have gone much sooner and yet despite the delays imposed by Joseph Emilio Aguinaldo Abaya, it looks like it will indeed go much sooner than PNoy's? Even LRT2 East Extension Project which was also PGMA, it is progressing nicely despite being purposely delayed by PNoy and Mar Roxas due to "walang tao" excuse, it still managed to somehow forge ahead because making excuses out of thin air just to delay a project due to petty reasons never works?

Aaaay! 28 days na lang!
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Old June 16th, 2016, 03:40 AM   #83
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RED ALERT

This is really disturbing. Mods, kindly exempt from the two-paragraph rule.

If this is really true, then this LRMC-GRP deal really and absolutely confirms that the Ayalas were the most favored KKK for the past six years.

Du30 must be informed ASAP regarding this if someone/some group indeed pulled a fast one on him.

More conflict
posted June 16, 2016 at 12:01 am
by Jojo Robles

Quote:
It looks like someone pulled a fast one on the incoming Duterte administration once again. Unless the plan is that the coming change will be in the form of conglomerates favored by the past administration actually regulating the sector of government that they merely secured sweetheart deals from in the past.

Sammy Malunes, of the left-leaning rail advocacy group Riles Network, has sounded the alarm about the appointment of Noel Kintanar, a longtime Ayala Group executive, as undersecretary for transportation. “We’re still trying to confirm if Kintanar was truly designated undersecretary for railways, because then we’d really be in trouble,” Malunes told me.

Malunes said Kintanar, as part of the Ayala-Pangilinan consortium that took over the Light Rail Transit Line 1, helped draft that “onerous and one-sided” contract signed last year with the Department of Transportation and Communications. In particular, Malunes said it was Kintanar who came up with the concept that the government would have to put up money for the private Light Rail Manila Corp. to take LRT-1 out of its hands.

Kintanar’s brainchild, Malunes said, was to consider all of the assets of the government in LRT 1 as “sunk costs” and no longer of any value. This allowed LRMC’s partner, the government, to actually give money to the firm for the privilege of letting the private firm take over all of the line—including the extension of LRT-1 from Baclaran to Bacoor, Cavite.

xxx

Malunes asked why the DOTC allowed LRMC to declare all the assets of LRT-1 of no value “when immediately after the private company took over, it has been collecting the P9 million in cash daily that the line produced in fares?” Then he explains why.

Malunes said that the DOTC allowed LRMC to declare LRT-1, with its entire fleet of coaches, railway, stations and fares of no value to get around the law which states that both the government and the private entities that enter into Public-Private Partnership deals would equally share the cost of the contracts they enter into. Accordingly, LRMC plunked down P800 million in cash to secure LRT-1, money that was put in an escrow account, as the law dictates.

But because LRT-1 was declared in the contract to have no value, the government had to front up money to LRMC, as well, as part of the PPP deal. And for this, DOTC’s Abaya secured a budget from Congress to pay its partner.

Now, part of the deal also imposes a five percent fare increase every year, on the anniversary of the signing of the contract. This means that LRMC is going to recoup its investment in a very short time, even if it still cannot put up the contracted Baclaran-Bacoor extension.

“The LRT-1 operates the entire year, except for four days during Holy week,” Malunes said. “At the rate they are collecting fares and increasing them, all their original investment will be returned to them in a little over two years.”

It’s one of the sweetest of the sweetheart deals consummated during the conglomerate-friendly Aquino administration. And now, it appears that the business wizard of the Ayalas will get to secure it under a government that promised a level playing field for all and absolutely no corruption.
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Old June 16th, 2016, 04:09 AM   #84
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i hope that someone close to President Duterte and DOTC Secretary Tugade will inform him of that. hindi dapat ma-infiltrate ng mga kumag na tao ng oligarchs ang bagong gobyerno.
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Old June 16th, 2016, 12:04 PM   #85
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Quote:
Originally Posted by absinthe_888 View Post
This is really disturbing. Mods, kindly exempt from the two-paragraph rule.

If this is really true, then this LRMC-GRP deal really and absolutely confirms that the Ayalas were the most favored KKK for the past six years.

Du30 must be informed ASAP regarding this if someone/some group indeed pulled a fast one on him.

More conflict
posted June 16, 2016 at 12:01 am
by Jojo Robles
I'm not sure if this is true as I cannot find any confirmation from *my* grapevine. But again, I have little direct connection on the Executive Branch so my guess is still as good as anybody's.

Wouldn't this not pass on the Commission of Appointments? This Noel Kintanar is currently involved with a lot of existing projects like LRT SEP and the Daang Hari South Expressway so isn't there a conflict of interest somewhere that would prevent his appointment?

If he does succeed to sneak in, it would show that even Duterte's vetting process is seriously flawed its not even funny. Noel Kintanar does not really have a good track record in implementation and the last thing we want is to have another Joseph Emilio Aguinaldo Abaya causing issues within the new administration. But then again, if he doesn't deliver, I would think he would be fired and will even be an embarrassment to the Ayalas...
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Old June 16th, 2016, 12:54 PM   #86
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Quote:
Originally Posted by absinthe_888 View Post
This is really disturbing. Mods, kindly exempt from the two-paragraph rule.

If this is really true, then this LRMC-GRP deal really and absolutely confirms that the Ayalas were the most favored KKK for the past six years.

Du30 must be informed ASAP regarding this if someone/some group indeed pulled a fast one on him.

More conflict
posted June 16, 2016 at 12:01 am
by Jojo Robles
If that is the CASE if the contract is GROSSLY DISADVANTAGEOUS to the government it can be rescinded. A petition for rescission of contract must be filed in COURT. Likewise A GRAFT AND CORRUPTION charge can be filed against KINTANAR.
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Old June 17th, 2016, 01:48 AM   #87
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Quote:
Originally Posted by [email protected] View Post
Wouldn't this not pass on the Commission of Appointments? This Noel Kintanar is currently involved with a lot of existing projects like LRT SEP and the Daang Hari South Expressway so isn't there a conflict of interest somewhere that would prevent his appointment?
Nope, Undersecretaries does not undergo CA process.

Remember that Noy did this to one of his most favored KKKs when he designated him USec in the DILG and delegating PNP/police matters to him, effectively bypassing the RIP Secretary.

We all know what happened to that set-up during the Luneta Hostage Crisis.
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Old June 17th, 2016, 06:14 AM   #88
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If that is the CASE if the contract is GROSSLY DISADVANTAGEOUS to the government it can be rescinded. A petition for rescission of contract must be filed in COURT. Likewise A GRAFT AND CORRUPTION charge can be filed against KINTANAR.
yan mga ganyan na di pagtupad sa mga previous contracts may negative effect yan sa mga investor. matatakot na makipag negotiate ang mga investor sa pilipinas at maghahanap ng ibang bansa na pwede paglagakan ng kanilang investment.
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Old June 17th, 2016, 10:06 AM   #89
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Quote:
Originally Posted by [email protected] View Post

Wouldn't this not pass on the Commission of Appointments? This Noel Kintanar is currently involved with a lot of existing projects like LRT SEP and the Daang Hari South Expressway so isn't there a conflict of interest somewhere that would prevent his appointment?

If he does succeed to sneak in, it would show that even Duterte's vetting process is seriously flawed its not even funny. Noel Kintanar does not really have a good track record in implementation and the last thing we want is to have another Joseph Emilio Aguinaldo Abaya causing issues within the new administration. But then again, if he doesn't deliver, I would think he would be fired and will even be an embarrassment to the Ayalas...
And I was actually thinking about his participation in the Daang Hari/MCX project. If this new government wants things done in the slowest pace possible, he's their guy.
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Old June 17th, 2016, 10:29 AM   #90
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Well, all I could say about this Noel Kintanar thing is this is an Art Tugade issue. Duterte made it very clear that all cabinet members will be held into account if their departments does some nefarious stuff.

Duterte tells Cabinet secretaries: No corruption or be held accountable

Quote:
“No corruption,” he told his would-be Cabinet.

Duterte further assured them he will not interfere with their job, stressing that he will give them a free hand to select their people to work with. However, Duterte is holding the Cabinet secretaries answerable when things go wrong in their respective offices or if their chosen officials become involved in illegal activities.

This was revealed by incoming Secretary of the Department of Agriculture Emmanuel Piñol, who said the Cabinet meeting on Wednesday was the second meeting with Duterte on a bigger scale in terms of number wherein many issues have been discussed.

Piñol said no corruption was the general instruction of Duterte. “We are held accountable – he was clear that there should be no corruption. There is no indispensable,” he added.
So if Noel Kintanar does somehow infiltrate to give favours to his Ayala masters, we can only hope that Art does the right thing and put him in his place. This wouldn't be like the PNoy days when people like Joseph Emilio Aguinaldo Abaya and Jose Honrado can get away with graft and stupidity.
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Old June 17th, 2016, 11:31 AM   #91
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yan mga ganyan na di pagtupad sa mga previous contracts may negative effect yan sa mga investor. matatakot na makipag negotiate ang mga investor sa pilipinas at maghahanap ng ibang bansa na pwede paglagakan ng kanilang investment.

The Du30 government may opt not to rescind the contract between the DOTC and the Ayala/MPIC consortium. However they need to deal with Kintanar and they need to deal with him FORCEFULLY.
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Old June 17th, 2016, 01:14 PM   #92
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Ayun! I was thinking why this Kintanar name sounded SOOOO FAMILIAR...

Daang Hari!
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Old June 17th, 2016, 02:19 PM   #93
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[QUOTE=absinthe_888;133506166]Ayun! I was thinking why this Kintanar name sounde

pero yang daang hari na pinag iinitan nyo libo libong commuter ang nakikinabang jan kung wlang daang hari ay sobrang pahirap ang mangyayari sa mga commuter. sguro kung hindi sya ang mag iinitiate ng daang hari ay meron iba na magpro propose ng daang hari dahil yan ang viable na daanan..
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Old June 17th, 2016, 03:07 PM   #94
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Lipat tayo sa Daang Hari thread to continue discussions.
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Old June 20th, 2016, 11:19 PM   #95
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Quote:
Originally Posted by absinthe_888 View Post
This is really disturbing. Mods, kindly exempt from the two-paragraph rule.

If this is really true, then this LRMC-GRP deal really and absolutely confirms that the Ayalas were the most favored KKK for the past six years.

Du30 must be informed ASAP regarding this if someone/some group indeed pulled a fast one on him.

More conflict
posted June 16, 2016 at 12:01 am
by Jojo Robles
Interesting.

A mole within Duterte's cabinet? I wonder if anyone remembers a link someone posted on here. From what I can recall, 70% (?) of the cost of construction of the extension will be from the farebox, while the 30% from Ayala-MPIC. That's why they applied for a fare increase. Someone can verify?

Another piece of info that's worth verifying if this project is one of the PPPs that carries sovereign guarantee on their loan?

Re sunk cost, even if the LRT assets are sunk cost, there is economic value (to the whole of LRT assets which is an ongoing concern) so why would the gov't pay Ayala-MPIC to do the extension? MCIA consortium paid the gov't P17B even if the old terminal is literally sunk?

Just asking since nothing computes in my brain.
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Last edited by s_w_stars; June 20th, 2016 at 11:26 PM.
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Old June 27th, 2016, 10:01 AM   #96
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I know Kintanar from his BGC days and he did well. But now if he is indeed involved in anomalous deals, let him face the music before being appointed
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Old July 16th, 2016, 01:52 AM   #97
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kelan kaya ito uumpisahan?
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Old July 16th, 2016, 10:07 AM   #98
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I know Kintanar from his BGC days and he did well. But now if he is indeed involved in anomalous deals, let him face the music before being appointed
purong spekulasyon lang yata eh. sempre dati ang loyalty nya nsa ayala now dpat nsa gov na ang loyalty mo ika nga you cant serve two master..
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Old July 16th, 2016, 11:43 AM   #99
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puro title lang mga projects sa admin ni noynoy.
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Old August 10th, 2016, 06:42 AM   #100
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DELAYED AGAIN

ang last na sabi nung di natuloy ng june september ngayun january 2017 na mga bwisit tlga pakiayos na lang sa marunong mag post ng article.


http://www.bworldonline.com/content....2017&id=131665
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