GMA TO BAIL OUT THE LOPEZ EMPIRE Taxpayers to Shoulder 8 Billion Pesos in MAYNILAD Debts

The BANTAY TUBIG NETWORK has gathered information from reliable sources that points to a multi-billion deal being struck between the government of President Gloria Macapagal-Arroyo and the Lopez family for the bailout of the financially troubled Maynilad Water Services Inc. (Maynilad) and its parent company, Benpres. This company, which has provided horrendous service to its…