National Broadband Network Deal between China’s ZTE Corp. and the Philippine Government
14
February
The Broadband deal issue started around September last year when the deal allegedly did not materialize due some issues about the rival company of ZTE which is the Amsterdam Holdings Inc (AHI) represented by Joey de Venecia, son of former Speaker Rep. Jose De Venecia.
The deal came out of the open when Joey de Venecia reacted that there is something within the deal - an overprice to be received by former COMELEC Chairman Abalos and First Gentleman Atty. Mike Arroyo as commission or kickback. According to Joey, this deal is being manipulated by these two big political personalities.
The National Broadband Network (NBN) deal reaches $329 million. Chairman Abalos even resigned from office to give way to the ongoing investigation. The big issue started when Chairman Abalos allegedly want to protect his $130 million commission as part of the $329 million NBN project to be distributed some part of it to the First Gentleman Mike Arroyo and other Government officials involved.
Due to the amount involved, to be paid by the Philippine Government for 20 years if the project materialized has made the Senate to investigate the processes of the deal. That on the first Senate investigation, some rulings before the contract is signed, there are anomalies involved.
After the exposé of Joey de Venecia, star witness Rodolfo Noel “Jun” Lozada, a former Government Official too came out of the open to testify the alleged irregularity committed within the deal. Jun Lozada mentioned lots of things about the irregularities of the NBN deal. He also mentioned that there really are unusual processes being done in the procurement system of the Government.
The Senate Blue Ribbon committee is still investigating the deal. It became national concern that made some cause oriented organization pledge support to the star witness and to the issue itself to know what had happened on the NBN deal.




