Press Release
January 5, 2008

CONTRACTOR OF NAMPEIDEI PROPERTY URGED TO REVEAL
WHOLE TRUTH

Senate Minority Leader Aquilino "Nene" Q. Pimentel, Jr. (PDP-Laban) today urged the new contractor of the Nampeidei Project of the Philippine government in Tokyo, together with Malacañang, to reveal the details of the contract to ascertain that the government will not be shortchanged in the deal.

Pimentel was responding to the statement of lawyer Salvador B. Britanico, counsel for Masaichi Tsuchiya, in which he claimed that the interest of the Philippine government is fully protected in the new contract to develop the 2,488-square meter Nampeidei property which it acquired from the Japanese government as part of war reparations.

"The contractor should come up with the whole truth," Pimentel said.

"We are only after the truth. Nobody should benefit from half-truths and the people of the Philippines deserve the full truth. Otherwise, we will continue to be deceived by peddlers of lies who claim that they have the welfare of the people at heart."

Earlier, Pimentel questioned the Malacañang decision to rescind the award of the build-operate-transfer (BOT) project to the Nagayama Taisei Consortium. Instead, the Palace recognized the right of Masaichi Tsuchiya to pursue the project.

Mr. Tsuchiya was earlier given by Nagayama a power of attorney to represent it in undertaking the project. But the power of attorney has supposedly been revoked by Nagayama.

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