By LOUISE MAUREEN SIMEoN Tiris developed as Malaca- On Tuesday night, how- Upon receiving tire award, flang accused some officials of evet Dutr-rte threatened to file N{anila lVater sald its chairman ,A1,aLa-led Manila Water helping water concessionaires charges oi economic sabotage Fernando Zobel de Ayala and Co._lnc. is willing Lo come up "rape" the econom;r against \lanila \\ater and the other senior officials of the r^'ith a "workable solution" "It is apparent that some u'ith the govcrnment on a re- members of tJre govelnrl ent other concessionair.e Mavnilad companl. already sought guid- Water Sen'ices Inc, for "icrew- ance and met with Finance cent arbitration dccision that have not onlv looked the other ing" Filipinos. Secretary Carlos Dominguez entitlcd it to indemnificaiion way, buthave in tact purposely Duterte saici the concession III before it became public. for unenforced rate hike, after guided the hancts - Presidenl Duterte threatened who have raped our of'thosi conhacts of Cte hvo firms are ''Secretary Dominguez ac- economy disadr-a]riageou; to the public krorrledged our proposal to t0 sue the water firm for eco- for their own personal ag- beca rr.e thel pr':hibit the govem- work very closely wjth his rLOrr'Lrt S a,lJ.!iUgl,-..."-- granC'.zen ent," presi derrtiil mPri iIJTn adj\Eting 'l,J atei ratdj. office tc F,Ld a n'rtrrallv ac- In a statcmer.rt yesterday, the spokesman Salvador Panelo The President claimed Ma- ceptable scheme to address cast zone conccssionaire said it said in a statement. nila l\'ater bagged the legal the arvard," Manila Water said. is working on a mutually ac- "Worse, they are hell-beirt on vicion because the corrDanv is ceptable manner of implenen- bleeding ow Furthermore, Duterte has country. dry The "part of tl-,e cLub.'' He did irot ordered Solicitor General Jose tation of the arbitral award, delive4' of basic services eiaboraie. He said thc philio- Calida and Dominguez to draft noting that lhe case was filed ,pri:per has not been fostered but thwart- pines lost the case because'it a new contract that would be due to a'violation incurred bv ed to the oufageous detrimcnl of interfered in the comoanv's "reaily favorable" to the public the previous administration.' the Filipilos," he added. applicati.rn tor rate hik!. ' and the goverrunent. "Wc are more than willing Last week, an intemational ard have started to work with arbibal court ordered the Philip- In deiense, Manila Water Maynilad airs side emphasized that the arbitral For its part, Maynilad'said the incunbent administration pme goverrment to pa1' to come up with a workable Water P7.39 billion in indellrni- ar'r'ard issued in its favor is for ii is willing to sit do 'n with Manila acts in.ltreach of the procedure goverlment to resolve issues. 5olution to the arbitrati.on deci- fication for losses incurred after committed by officials of the "We have not done anv- sron," Manila water said. being barred from raising rates. previous administration. thing r,,'rong and we hope the
tt PAc.'g'f '" President understards that the
contract 1 -e have inherited lr'as actually vrrittery reviewed and approved bi'the governrnent at c1) the height of the Metro Manila water crisis in 1994" Mal'nilad president and CEO Rarnonciio Femandez told The STAR. "We onlv have a view and idea of whit they want to be reviewed but we are waiting iOI torm.al. Com.rF.,.tnicai:i.ot.. III€
are willing to discuss with the
government what thev ra'ant to be reviewed," he added. The same tribrirtal ordered the Philippine govemment in Juiy 2017 to reimburse Mavni- lad P3.4 billion for losses fiom March 2015 to August 2016, arLd ruled that t-ire water firm is allowed to recover its losses from September 2016 onwards. Turn to Page 6