Senator Manny Villar's True Interest for the Presidency: Akalamo Malinis

Senator Manny Villar was again put on the spotlight today after his colleague Jamby Madrigal exposed how he reportedly and deliberately manipulated the downfall of his bank, Capital Commercial and Savings Bank. Madrigal said that Villar purchased three lots from the Rodriguez family amounting to just 42 million pesos. To make a long Jamby talk short, Villar reportedly got more than he bargained for when he sold those properties ten times its original worth. Villar reportedly secured a P 281 million loan from his bank and when it went under, the Central Bank bailed it out to the tune of P3.5 billion. The bank is now rehabitated and re-named Optimum Development Bank.

As usual, Villar accused Madrigal of politics and outright lies. But, if we are to analyze Villar's answers, there was nothing there.

That shows you, Madrigal said, how astute a land speculator Manny Villar is. Yet, the real and disturbing issue is----what is really Manny Villar's intention why he's so intent on getting and grabbing that presidential seat.

Simple---Senator Manny Villar wants to be the land kingpin when Congress amends the Constitutional provision on the foreign ownership of Philippine lands. Villar, as everybody knows, is one of the biggest real estate developer in this country. After 2010, he wants to be the one whom everybody would go to when purchase of prime land and real estate properties are concerned.

Again, of course, Villar's supporters will deny this. But, is it too obvious why Villar is spending close to 7 billion pesos just to win a position which pays a measly 45,000 pesos a month?

If Jamby's real intention is just to throw mud at Villar, this issue about land conversions and bank financial manipulations are cono issues and will never connect with the masses.

The real concern of everybody is this about Villar---why is he spending billions for a post which obviously would not give him back ten-fold?

Everyone's concerned on how Senator Manny Villar would re-coup his 7 billion campaign kitty? If, as he says, he will divest his interests in his numerous properties the moment he gets the presidency, then, how will he be able to earn back from all these billion peso spendings? Don't tell me that businessman Manuel Villar will just throw that huge money around for nothing?

Yes, AKALA MO that 7 billion peso campaign spending would be free? You wish. Manny Villar is an astute businessman. Don't forget that. Villar will probably try to earn five times that 7 billion through land speculation and development, the very same tactic which he used to become the country's biggest real estate magnate.