"There is danger from all men. The only maxim of a free government ought to be to trust no man living with
power to endanger the public liberty." - - - - John Adams

Wednesday, March 14, 2012

Chinese bribe husband of ex-Philippine President

China is aggressively bribing their way into the business world

  • Ex-President Gloria Arroyo is in "detention" in a military hospital.
  • Her husband has been arrested, accused of trying to get a $70 million "commission" from a Chinese company.
  • China is bankrolling lobbyists to "influence" the U.S. Congress.  It will be fun to see what future turd will rise to the top of the Beltway Bowl. 

Mike Arroyo accused of accepting cash to push through an overpriced $330 million contract with a Chinese telecoms supplier.

A court has ordered the arrest of the husband of former Philippine president Gloria Macapagal-Arroyo on charges that he received millions of dollars in bribes. The move on Tuesday is part of a wide-ranging prosecution over alleged corruption during her presidency.

Jose Miguel "Mike" Arroyo, who was seen as a backroom operator during his wife's troubled nine years in office, later posted bail to avoid detention. He was indicted on the bribery charges in December reports the UK Guardian.
He is accused of accepting money to push through a $330,000,000 (or £210,000,000) government contract with Chinese telecommunication company ZTE Corp. to set up a nationwide broadband network in 2007. The contract was originally priced at $130 million.

Former economic planning secretary Romulo Neri had testified that Abalos offered him a bribe to approve the ZTE contract. Jose de Venecia III, a losing bidder with connections to the Arroyos' inner circle, testified that the ex-president's husband was promised a $70,000,000 commission. 

(UK Guardian)

Mike Arroyo leaves court after he posts bail following his arrest on bribery charges. His wife, Gloria Arroyo, is in detention in a military hospital. She is facing bribery and electoral fraud charges.  (Photograph: Cheryl Ravelo/Reuters) 

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