DOTC Secretary Leandro Mendoza said there's nothing final yet. In his appearance before the Senate today, Mendoza said that the ZTE deal is still a way off. First, there's only a supplier contract. Second, there is still that loan agreement between the Philippines and Exim Bank and they still need a letter from the Department of Finance specifically appropriating an amount to finance the deal.
I would just to remind the good secretary that on the eve of his senate testimony, he already assured Chinese officials that the Philippines is pushing thru with the ZTE deal. Now, Mendoza is trying to extricate the government from the mess by saying that its still not final? Come on. You're just pulling our leg.
The fact of the matter is, its already a done supplier agreement. Period. Its just documentary requirements that are pending, right, Mr. Secretary? That's also the reason why Abalos, your golf buddy and co-gang member, called up Teves, right?
The Palace is totally missing the point.
This controversy is about the alleged giving of grease money by a foreign company to a big government official. This deal is a murky deal which should be cleanse of all filth.
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