Plunderous NBN deal a hallmark of bureaucrat capitalism under the Arroyo regime— NDF Southern Mindanao
National Democratic Front of the Philippines
Southern Mindanao
Press Statement
October 5, 2007
Plunderous NBN deal a hallmark of bureaucrat capitalism under the Arroyo regime— NDF Southern Mindanao
The scandalous 329 million-dollar National Broadband Network scam that has now become daily primetime fare further exposes the Arroyo regime’s inherent rotten character in plundering the nation’s wealth and resources. The Filipino people are repulsed by the shameless plunder being committed in broad daylight by Arroyo through her own husband Mike Arroyo and other minions. This deal, while scrapped by Arroyo for political expediency in the face of the people’s ire, is a hallmark of the insidiousness of bureaucrat capitalism in the Philippines.
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