Sunday, February 6, 2011

Noynoy Aquino's Cousin charged with syndicated estafa by Noynoy ally: Kamaganak Incorporated reared ugly head once again

A cousin of President Benigno "Noynoy" Aquino III is now in the hot seat. Rissa Oreta, a cousin of Noynoy Aquino, along with former Congressmen Rene Diaz (former Cory and Gloria Arroyo ally), Carmelo Lazatin (Arroyo staunch ally), DOTC director Inky Lucban and Anthony Rodriguez(a Noynoy appointee) are being charged with syndicated estafa by another Noynoy ally, Ricardo "Ricky" Penson, president of the firm Penson and Co, Incorporated.


The case stemmed from a project proposal worth 5 billion pesos to develop the Diosdado Macapagal International Airport. Penson filed the case against his former business associates.


Rissa Oreta is a daughter of Antolin Oreta Jr. and former Senator Tessie Aquino-Oreta, sister of Noynoy's father, Ninoy. Rissa once ran as Congressman in Taguig, but lost to Ricky Sandoval.


Rissa heads the Pacific Avia Group or PAGI. PAGI did not the second stage of the joint venture agreement with DMIA. Philco Aero, R-11 Holdings Incorporated, SNC-Lavalin International International, Eugenio Group and Al Mall of the Al Karafi Group were all rejected. Their proposals never reached base on how to develop the 2,500 hectare DMIA.


Rissa's PAGI-Egis-Selec-Leighton consortium passed the detailed evaluation and eligibility check by the Joint Venture Selection Committee of state-own Clark International Airport Corporation. Lazatin sits as one of the directors of the corporation.


However, PAGI failed to pass the second stage, and was, therefore rendered ineligible by JVSC.


Philco Aero, meanwhile, enhanced their eligibility by taking in Korean partners. Their proposal was accepted last May 2010.


However, when Noynoy won, the JVSC changed tack and on January 13, advised by the CIAC board to stop negotiations with Philco Aero and instead, favored Noynoy's cousin, Rissa Oreta.


Penson said Oreta, Lazatin, Diaz and two DOTC undersecretaries conspired to get him out of the project and benefit Noynoy's cousin instead.  


Hay naku, here comes the Kamaganak Incorporated silently using the name of their illustrious Kamaganak to steal from us...again!

2 comments:

  1. Where is the sworn complaint? When was it filed? Where? Have the respondents filed their counter-affidavits? What is the status of the case?

    ReplyDelete
  2. Rissa Oreta ran for congress in Malabon not in Taguig.

    ReplyDelete

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