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SEC wants to dump state lawyers in PLDT complaint

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									                 CYAN MAGENTA YELLOW BLACK
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                                                             Standard
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                                                                                                                Manila
                                                                                                                                                                                                                                                                                                     WEATHER FORECAST
                                                                                                                                                                                                                                                                                              The western sections of Northern
                                                                                                                                                                                                                                                                                          and Central Luzon will have monsoon
                                                                                                                                                                                                                                                                                          rain that may trigger flash floods and
                                                                                                                                                                                                                                                                                          landslides.
                                                                                                                                                                                                                                                                                              The rest of Luzon and Mindanao
                                                                                                                                                                                                                                                                                          will have mostly cloudy skies with
                                                                                                                                                                                                                                                                                          scattered rain showers and thunder-
                                                                                                                                                                                                                                                                                          storms. Visayas will be partly cloudy




                                                                 TODAY
                                                                                                                                                                                                                                                                                          to cloudy with isolated rain showers or
                                                                                                                                                                                                                                                                                          thunderstorms.
                                                                                                                                                                                                                                                                                              Moderate to strong winds blowing
                                                                                                                                                                                                                                                                                          from the southwest will prevail over Lu-
                                                                                                                                                                                                                                                                                          zon, where the coastal waters will be
                                                                                                                                                                                                                                                                                          moderate to rough. Elsewhere, the
                                                                                                                                                                                                                                                                                          winds will be light to moderate, and the
                                                                                                                                                                                                                                                                                          seas slight to moderate.
                                                               MONDAY, August 8, 2011                                                                                                                                                                                                      Temperature Range: 23OC to 31OC    Source: PAG-ASA



    Vol. XXV No. 148 16 Pages 3 Sections • P18.00                                                                                                                                     Manila, Philippines • www.manilastandardtoday.com • mst@manilastandardtoday.com


Surigao
mayor taken
while rebels
talked peace
By Joyce Pangco Pañares
COMMUNIST rebels abduct-
ed Lingig Mayor Henry Dano
in Surigao del Sur on Saturday
while government chief nego-
tiator Alexander Padilla was
talking peace with communist
leader Fidel Agcaoili.
    Padilla said he learned of
Dano’s abduction, which he de-
scribed as “unfortunate,” only
after his meeting with Agcaoili,
spokesman of the negotiating
panel of the Communist Party of
                                    Fiery protest. A riot police officer looks on as fire rages through a building in Tottenham in north London Sunday, where a demonstration against the death of a local
                                    man at the hands of the police turned violent and cars and shops were set ablaze. (Story on B3)                                                                               AP
the Philippines-National Demo-




                                                        SEC wants to dump state
cratic Front.
    The two met in an undisclosed
area in Magallanes in Makati City
on Saturday.
    “We will raise that issue with
them,” Padilla said. He said such
acts were happening because the




                                                        lawyers in PLDT complaint
communists had been refusing to
sign a ceasefire agreement with
the government.
    Dano was said to have been
abducted for refusing to pay what
the communists call revolution-
ary taxes.
    A member of the rescue team
deployed by the Armed Forces
died on Sunday, while six oth-                                                                                                                                                                                                  ■ Office of the Solicitor General
ers were injured by the blocking                                                                                                                                                                                                  misrepresented Securities and
force of the main NPA group that
abducted Dano.                                                                                                                                                                                                                    Exchange Commission view,
    Deputy presidential spokes-
person Abigail said the Palace
                                                                                                                                                                                                                                  corporate watchdog says
was “certainly concerned,” even
as she declined to comment on
how the abduction would affect                                                                                                               By Rey E. Requejo                    Pangilinan has described the
the peace talks with the rebels.                                                                                                                                                  high court’s ruling as “economic
    The abduction came at a time                                                                                                             THE Securities and Ex- suicide.” say that if the high
                                                                                                                                                                                     Analysts
when the government had just
released four top communist
                                                                                                                                             change Commission has court’s ruling were followed,
leaders—Jovencio Balweg, Ange-                                                                                                               asked the Supreme Court to PLDT would have to unload the
lina Ipong, Maria Luisa Pucray,                                                                                                              allow it to pick the lawyers of shares owned by foreigners in the
and Jaime Soledad—as part of                                                                                                                 its choice to represent itself company that exceeded the 40-
confidence-building measures to                                                                                                               in the controversial case of percent limit, and that involved a
boost the peace talks.                                                                                                                                                                           of money.
                                                                                                                                             Philippine Long Distance large amountsaid it was surprised
                                                                                                                                                                                     The SEC
    Padilla said Agcaoili had com-
mitted to release four Bureau of                                                                                                             Telephone Co., which has when it received the motion sub-
Jail Management and Penology                                                                                                                 been affected by its ruling mitted by the Office of the Solici-
                         Next page                                                                                                           providing a new definition tor General to the high court be-
                                                                                                                                             of the term “capital.”               cause it deviated from its stand.

Sale of shares                                                                                                                                  The high court had ruled that        Solicitor General Anselmo
                                                                                                                                             the ownership structure of do-       Cadiz had said the government
                                                                                                                                                                                  agreed with the high court’s in-
                                                                                                                                                                     limited
                                    Airport crowd. Outbound tavelers clog Terminal 1 of the Ninoy Aquino International Airport. The mestic public utilities them tothe terpretation of Section 11, Article
in RPN-9,                           government hopes to decongest the three terminals with a new one in Clark.              JULIE FABROA
                                                                                                                                             foreign ownership in              40
                                                                                                                                             percent, using only common or XII of the Constitution, which

IBC-13 set Govt building budget air terminal in Clark
                                                                                                                                             voting shares in the computation. says the term “capital” refers only
                                                                                                                                                But the SEC complained that to the shares of stock that can vote
                                                                                                                                             the Solicitor General, the counsel in the election of directors, Cadiz
THE Finance Department is By Jeremiah F. de Guzman Macapagal International Airport,                          He said a city air terminal in for all state agencies, reversed its said. The commission disagreed,
preparing the sale of the gov-                                         which would be up for bidding Northern Metro Manila was also position on the definition of the but he stood pat in his decision.
ernment shares in sequestered THE government plans to put up next year.                                   being planned to complement term capital in the argument that it           As a result, the commission
broadcast networks RPN-9 and an P8-billion terminal for budget             “We will draft the terms of the terminal for budget carriers. submitted to the Supreme Court.          said, it wanted to represent itself
IBC-13, presidential spokesman carriers in Clark, Pampanga, to reference to be approved by the It would allow passengers to save                The commission said it held a in the case independent of the
Herminio Coloma said Sunday.        accommodate the “spillover” traf- national government,” Luciano on extra traveling costs because different position from the high Solicitor General.
    “We have already forwarded fic from the Manila International said.                                     shuttle buses would take them to court’s new definition of the term         Earlier, the Philippine Stock
our recommendation to the Airports’ congested terminals, an                He said the terminal, to be the airport.                          “capital” in determining the foreign Exchange submitted a posi-
privatization management of- official said over the weekend.            patterned after the Kuala Lum-        Luciano said his agency had al- ownership limitation in Philippine tion similar to the commission’s,
fice,” he said.                         Clark International Airport pur International Airport, would lotted P120 million to build the new companies. It said it regarded capi- warning that if the high court’s
    “The Commission on Audit is Corp. president Victor Luciano occupy 40 hectares and have a terminal while a private partner tal as “the sum total of the shares definition were followed, it would
now reviewing the books.”           said the state-run firm was now maximum annual capacity of up would put up a counterpart fund. subscribed irrespective of their result in the flight of about P630
    Coloma said the government preparing another public-private to 10 million passengers.                 The winning bidder is to build and nomenclature, and whether they billion in foreign capital or a loss
intended to retain only one chan- partnership project to build an-         “In two years that will be fin- manage the terminal and run the were voting or non-voting.”             of 9 percent of the shares listed in
nel, PTV-4.                         other terminal at the Diosdado ished,” Luciano said.                  shuttle buses.         Next page      PLDT chairman Manuel the market.                          Next page
    RPN-9 and IBC-13, which

                                                        House panel starts debate Minority firm on boycott of budget hearings
were sequestered after the fall of
the late dictator Ferdinand Mar-
cos in 1986, are scheduled for full
privatization by 2013.
    “The position of the Aqui-
no administration is that there
                                                        on constitutional changes                         OPPOSITION lawmakers on zero allocation.
                                                                                                          Sunday said they would continue       “Let the members of the House
                                                                                                                                                                                  was imposed,” Lagman said.
                                                                                                                                                                                     “They could not even give us
                                                                                                          to boycott the hearings on the majority continue their zarzuela on a decent excuse why 14 members
should really only be one govern- By Christine F. Herrera              economic provisions of the Con- 2012 national budget despite ap- the national budget,” Lagman told of the House received nothing.”
ment network that will be oper-                                        stitution,” Ocampos said.          peals from House leaders to give the Manila Standard.                      Belmonte and Budget Secre-
ated as such,” Coloma said.         THE House committee on con-            That would entail Congress the Palace more time to release           “The boycott is our way of tary Florencio Abad resorted to
    Bidding out the government’s stitutional amendments will begin convening itself into a Constitu- their priority development assis- asserting Congress’ right to the finger-pointing when asked why
20.8-percent equity in RPN-9 is marathon hearings Tuesday on six ent Assembly, though in separate tance funds.                               power of the purse, which the some 14 members had been de-
supposed to relieve the admin- proposed economic provisions to         sessions and voting separately as     “The boycott of the minority Palace continues to undermine.” prived of their allocations.
istration of some P2.7 billion in pave the way for amendments to agreed by House Speaker Feli- stands,” House Minority Leader                   Lagman said House Speaker            The House last week heard
debt owed by the network.           the Constitution “by way of legis- ciano Belmonte Jr. and Senate Edcel Lagman said.                      Feliciano Belmonte Jr. had not lift- the budget proposals of at least
    The first phase of RPN-9’s lation,” Misamis Occidental Rep. President Juan Ponce Enrile.                  He said 14 minority lawmak- ed a finger to resolve the dispute.       11 government agencies.
privatization was completed in Loreto Leo Ocampos said Sunday.             But President Benigno Aqui- ers had still not received the pork      “Not one from the House major-       On Monday, the 75-member
March 2009, when the Privatization     “This is a new formula that no III’s left-wing allies ques- barrel for their districts despite ity leadership or the Palace reached House committee on appropria-
Council approved the conversion the House and the Senate leader- tioned the House leadership and President Benigno Aquino III’s out to the members of the minor- tions, led by Cavite Rep. Joseph
                         Next page ships wanted to try to amend the                           Next page promise that nobody would get ity since Monday when the boycott                                   Next page

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