Monsod: C-5 road extension unnecessary, wasteful
MANILA, Philippines - UP economist Prof. Winnie Monsod believes the controversial C-5 road extension was an "unnecessary" and "wasteful" project where Senate President Manuel Villar benefited tremendously.
In her Philippine Daily Inquirer column last Saturday, Monsod said the government threw away P6.96-billion in public funds in the road extension, which was just a duplication of the earlier Manila-Cavite Toll Expressway (MCTEP) project, linking the South Luzon Expressway (SLEX) to the Coastal Road.
The MCTEP was a joint venture between the government and a private Malaysian partner. Here, Monsod said the government only shelled out P2.68 billion for the purchase of the road right-of-way, and the private partner was responsible for the construction.
On the other hand, the P6.96-billion C-5 extension, which together with the Las Piñas-Parañaque Link Project (LPPLP), also links SLEX to Coastal, was wholly financed by the government.
"It was totally unnecessary to build a second one. There was a waste of scarce resources," said Monsod, who cited official documents from the Senate and the Department of Public Works and Highways (DPWH).
Monsod said that the C-5 extension passes through at least 50-52 hectares of Villar's property holdings, whose values increased significantly with the construction of the project.
She also said that in acquiring right of way, the government paid a whopping P168.1 million or an average P7,168 per square meter for Villar-related properties compared to only P22 million or P1,880 per sqm for non-Villar properties.
"This unnecessary and wasteful project was certainly Villar's idea," Monsod said, quoting a DPWH feasibility study stating that the project was conceived and initially funded by the senator.
"Villar benefited tremendously from the second (C-5 extension) project," Monsod added.
The Senate has already launched an inquiry into the controversial road project, and is currently tackling a committee report seeking the censure of Villar.
Villar claimed all these were meant to destroy his credibility before the elections. He said the C-5 road issue all started when his ratings began to improve in surveys.
Villar has maintained that the C-5 road project was not double-funded and overpriced.
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That's my point!
Ginagamit ni Villar ang host at ang show mismo for his popularity knowing he's giving houses for six people.
There are millions of people need more attention. Bakit kailangan pang ipakita sa T.V. at may kasangga na T.V. host to promote his candidacy?
At saka, nung kasagsagan ng BAGYONG ONDOY, oo namimigay ng relief goods si Villar pero may nakasulat pa sa supot FROM SEN. MANNY VILLAR.
Mayaman na siya bakit kailangan pang maging Presidente ng Pilipinas kung walang iba pang HINAHANAP?
We should vote wisely... God bless Philippines!
Paano na kung Maging Presidente si Villar?
Paano na kaya kung naging Presidente si Villar? Siguradong lahat ng properties nya patatayuan nya ng mga highway para siguradong x10 ang magiging halaga nito. Tatalunin nya na ang Sy Sr. nyan sigurado. Pero wala tayong aasahang justification syempre, dun nga sa Senate ayaw nyang magpaliwanag eh, takot na mabuko.
At isa pa, paano nya kaya babawiin yung bilyong-bilyong Media Advertisment nya? Imposibleng di nya babawiin yun, wise na negosyante itong si Villar at alam nyang na biggest (monkey) business ay yung politics at yung pinakamataas na posistion.
Sabagay baka after his term and 1 year later, baka number 1 na siya sa richest people in the world ahead of Bill Gates! Wow, magkakaroon ng pinakamayaman sa buong mundo na galing sa Philippines sa Fortune Magazine!
RE: Fact, Villar was already
Mr Bishop blue, you are badly missing the point here. The issue here is wether or not Villar used his positions to further enrich himself in the C5 controversy. Well, with the evidences that were made available to the public so far, the answer WOULD BE A RESOUNDING YES! Now, if he says that these allegations were mere fabrications, then WHY DON'T HE FACE HIS DETRACTORS, ONCE AND FOR ALL, AND BE MAN ENOUGH TO DEFEND HIMSELF AND PROVE THEM WRONG??? While it is true that he was more productive than NOYNOY in Congress, you can not deny the fact that HE WAS ALSO SOOO MUCH MORE PRODUCTIVE WHEN IT COMES TO ENRICHING HIMSELF ILLEGALLY AT THE XPENSE OF THE GOVERNMENT! ! ! WOULD YOU IMAGINE WHAT WILL HAPPEN IF HE GETS ELECTED AS PRESIDENT? THAT IS SOOO SO SCARY ESPECIALLY WITH HOW MUCH HE IS SPENDING IN HIS CAMPAIGN. AT THE MOMENT, I AM VOTING FOR GIBO. IF GIBO WILL NOT IMPROVE IN THE SURVEYS, THEN I WOULD VOTE FOR NOYNOY BECAUSE HONESTLY, I AM SO SCARED OF THE THE THOUGHT OF VILLAR BECOMING OUR NEXT PRESIDENT! ! ! GOD BLESS US ALL . . .
Winnie Monsod did an
Winnie Monsod did an excellent job explaining the facts to the people. Why can't Sen. Cayetano et al don't get it, or they were just blinded by the promise of monetary reward from the ill gotten wealth of Villar. I feel sorry for all the senators that defended Villar, you all lost your integrity and my vote. I will not vote for corrupt government officials who uses their position to enrich themselves. Where do you think Villar got billions to spend for election campaigning? I wish ABS/CBN would take notice that Willie Revillame is using his show Wowowee to promote Villar. I just lost the appetite to watch his show, I thought ABS has a policy to their stars not to openly campaign for their chosen candidate on their show. Villar even has an early commercial on TFC even before he filed for his candidacy. I supported ABS CBN for so many years and I wish they will stay neutral and not allowing their stars to use their show to promote their candidate especially you Willie.
Nakakatakot maging Pangulo
Si Villar ang isa sa mga nakakatakot na maging Pangulo ng pilipinas..right, he's a business man and right he really thinks like a businessman kaso in a negative side of being a businessman...based on the evidences and factual accusation towards him, he symbolises a gredy type of businessman...kailangan natin maging mainga sa pagboto, on my personal opinion..sa laki ng nagastos nia sa mga infomercials nia pano nia kaya mababawi yung mga nagastos nia...simple logic, as a businessman whatever you invested should be proffited as much as possible in short period of time...he invested huge amount in his infomercials at ang nkakatakot is pag nanalo siya bilang pangulo..since he will be the most powerful in our country and he is at the sametime a businessman..mas madali na para sa kania i manipulate and real state industry with his power and knowledge in business...i agree with "Yogi" how this man balloned his net worth in just a year considering the fact that we had economic challenge during that time...pathetic...sana lang matuto tayong mga pilipino maging wise sa pagboto....
On the other hand....if i can influence more people lang sana to vote Richard Gordon...i think he's the most qualified for that position..i had lunch with my officemates yesterday and the topic for election was brought up..we all have the same perspective and point of view..we really like to vote Richard Gordon...kaso ang sentiments ng iba baka masayang ang boto since Gordon is one of the bottom candidate in the surveys...and natatakot sila na baka yung isang boto nila makabawas kay aquino and maunusan ni villar...which is NAKAKATAKOT..kaya we have no choice but to shoose sabi nga nila is the least corrupt....GOD BLESS THE PHILIPPINES...sana tama ang maiboto nating lahat...
By the way thatnks Winnie Monsod for being such a brave one...i really admire you especially during the interview with Mikey Arroyo...Superb interview ginisa mo xa ng sobra...and now for Villar...keep it up Mam :-)
Nakakatakot
Mas tama ang figure ni "Sinoka++".
Pero ganun parin.
Nakaktakot isipin ang mangyayari pag si villar na ang presidente.
Imagine it with his campaign jingle in mind.
"Nakaligo ka na ba sa dagat nang basura"
"Nagpasku ka na ba sa gitna nang kalsada"
"yan ang tanung namin, tunay ka bang isa sa amin?"
--> Ito ba ang magiging kahihinatnan natin?
maliligo na lang tayo sa dagat nang basura,
magpasku sa kalsada,
at maging mga taong lansangan na?
nakakatakot.
Too much profit in a year!
Masyadong malaki ang kinikita ni Villar in a year. He should provide evidence regarding those allegations...
At saka, magaling talaga siyang negosyante biro mo KASOSYO pa niya ang T.V. host.
Sana, walang magagalit dito sa post kong ito. Peace to all!
eto links for verification
2006
#24 Manuel Villar - $110M
http://www.forbes.com/global/2006/1225/039_3.html
2007
#5 Manuel Villar - $940M
http://www.forbes.com/lists/2007/86/biz_07philippines_Manuel-Villar_16LV...
2008
#11 Manuel Villar $425M
http://www.forbes.com/lists/2008/86/philippinerichest08_The-Philippines-...
2009
#9 Manuel Villar $530M
http://www.forbes.com/2009/08/26/philippines-richest-tycoons-philippines...
Abilidad?
E bakit nga ba di humarap ng maipaliwanag kung talagang me ebidensya di ba? Paano nga ba yumaman ng ganun? Sulat kaya sya ng libro ... HOW TO GET RICH FAST for DUMMIES...bibili ako!
2006
#24 Manuel Villar - $110M
2007
#5 Manuel Villar - $940M
2008
#11 Manuel Villar $425M
2009
#9 Manuel Villar $530M
Soften
Icocorect ko lang.
baka kasi isipin nang iba na ang mahirap ay di na pwede maging
mayaman. pwede na man maging ganoon kayaman.
Kaya lang dahil sa isyung ganito,
di mawala sa isip ko ang magduda
kung sa tamang paraan ba talaga to galing.
Kaya humarap na lang sya sa isyu,
baka may ededinsya talaga siya,
for the sake of those na nagdududa na sa kanya.