Jose de Venecia Jr. and the NBN-ZTE deal
Manila, Philippines –
Former House Speaker Jose de Venecia Jr. is set to launch his autobiography in Washington, D.C. this week. The book entitled “Global Filipino: The Authorized Biography of Joe de Venecia Jr., the Visionary Five-Time Speaker of the House of Representatives of the Philippines” is said to contain first-hand accounts of JdV on the “secret meeting” held in Shenzhen, China among President Gloria Macapagal-Arroyo, First Gentleman Mike Arroyo, former Commission on Elections chairman Benjamin Abalos Sr., and ZTE officials in 2006.
Through “backdoor negotiations”, the anomalous contract was said to have been awarded to ZTE Corporation and changed from the suggested Build-Operate-Transfer (BOT) financial scheme to direct contracting scheme (government-to-government loan). It came under fire and public scrutiny when it was revealed by former Philippine Forestry Corporation head Rodolfo “Jun” Lozada, Jr. and former NEDA chief Romulo Neri that Abalos among other people stand to receive millions of kickbacks from the higly-overpriced project.
With the impeachment complaint filed by JdV’s son Jose “Joey” de Venecia III in Congress currently in the “sufficiency in substance” phase, JdV will certainly be in the hotspot and is expected to shed light on various issues involving the President. A lot of people are questioning his actions, specifically the timing of his revelations. “Why now?”, “isn’t it too late?”, or “what for, the administration has the numbers in the Lower House?”.
JdV’s actions are certainly late but not too late. It would’ve been very useful during the Senate investigation of the NBN-ZTE deal as it would strongly backup Lozada’s testimony. Still, it is as valuable at the moment as it may give the impeachment enough push to enter the trial phase. It will also serve as a reminder to the people not to falter in watching out for attempts by this admistration to stay in power and continue with their corrupt acts.
This entry was posted on November 24, 2008 by ginoray. It was filed under Crime, Nation, Politics and was tagged with Benjamin Abalos Sr., Global Filipino: The Authorized Biography of Joe de Venecia Jr. the Visionary Five-Time Speaker of the House of Representatives of the Philippines, impeachment, JdV, Jose de Venecia Jr., Jr., kickbacks, NBN-ZTE deal, Rodolfo "Jun" Lozada, Romulo Neri, secret meeting, ZTE Corporation.