Monday, June 22, 2009

Solons warns of 'midnight deals' on privatization of government assets

MANILA (June 21) -- Sen. Manuel Villar Jr, through his Nacionalista Party, has urged the Department of Finance (DOF) to suspend any eleventh-hour plans to privatrize residual government assets, saying these are better left the next administration to act on.

"Our sense is, it would be better for government asset privatization managers to avoid potentially controversial last-minute disposals," said NP spokesperson and former Cavite Rep. Gilbert Remulla.

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