Philippines: Corruption Scandal Ends National Broadband Project
Mike Cohen, PNC Correspondent 03.OCT.07
4:00a.m. Manila-- Announced from China, while on a state visit, Philippine President Gloria Arroyo, canceled a $330 million dollar project between Beijing and Manila. The 'ZTE-NBN Deal,' had been the subject of a prolonged opposition instigated investigation, amidst allegations of corruption, bribery, and alleged kickbacks. The Philippine President formally has 'shelved' the project. [more]
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