Pulitika2010

Everything you've wanted to know about RP politics, but were afraid to ask.

Villar can be a dangerous president – Erap

Posted by akosistella on April 24, 2010


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BUTUAN City  , Philippines – Former President Joseph Estrada believes he has a duty as a citizen to reveal the true personality of Nacionalista Party (NP) standard-bearer Sen. Manuel Villar Jr.

Speaking to reporters yesterday, the Pwersa ng Masang Pilipino standard-bearer said Villar’s alleged involvement in stock manipulation could make him a very dangerous president.

Estrada said he had given Villar the benefit of the doubt, although he did not clearly explain the various allegations against him.

via Philippine Star.

ALSO READ:

Villar credibility damaged by alleged arm-twisting of PSE, says analyst

MANILA, Philippines—A political analyst said Friday that the credibility of Nacionalista Party Senator Manuel Villar has been put into question by allegations that he used his influence as Senate President to impose his will on the Philippine Stock Exchange to boost his real estate empire and raise money for his presidential campaign.

“It is the credibility of Manny Villar that is at stake here. It is the issue. In this late stage of the game, we have to see if (Villar’s team) can still do damage control,” said Ramon Casiple, executive director of the Institute of Political and Electoral Reforms (IPER).

Casiple told the Inquirer in a telephone interview that the allegations hurled by former President Joseph Estrada and Senate President Juan Ponce Enrile at Villar needed a “credible response” from the billionaire-senator.

via INQUIRER.net.

AND:

When Villar’s business and politics mix

MANILA, Philippines – While Nationalista Party standard bearer Manuel Villar has consistently trumpeted how his personal wealth keeps those with vested interests away, it is the same wealth—and how he handled it—that keeps being thrown at his feet.

Villar’s wealth, estimated by Forbes magazine to have reached P25 billion, was spawned from the rise and fall—and eventual rise again—of his real estate businesses.

Considered by many as a typical Filipino entrepreneur who rises through the economic ladder through the combination of luck, diligence, vision and connections, Villar has been through the best and worst of it all.

via ABS-CBN News


(Via ABS-CBN News)

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