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Jinggoy wants PEACE bonds probed

Senate President Pro Tempore Jose “Jinggoy“ Estrada has filed a resolution asking the Senate to reopen the investigation into the P35-billion so-called Peace Eradication and Alleviation Certificates (PEACE) bonds controversy.

The proposed multi-billion-peso Manila-Clark Northrail project will be finished in 60 months or five years, well past the current six-year tenure of President Benigno S. Aquino III which began in mid-2010 and ends in June 2016.

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By BEN R. ROSARIO Manila, Philippines – The cancellation of foreign-funded flood control projects in Central and Southern Luzon has been blamed as one of the reasons for the devastating floods caused by typhoons “Pedring” and “Quiel.” House Senior Deputy Minority Leader Danilo E. Suarez said the House of Representatives should investigate the circumstances and […]

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