2020-07-15

Villon dared to donate $200,000 to MPC

In his column that appears in page 6, Boy Galang dared MPC chairman Mansueto Villon, to donate the $200,000 interest bearing loan that he extended to the unfinished project.

The loan amount appears in the MPC website and continues to accumulate interest at 8% per annum. We do not have information as to how often the interest is compounded but it sure adds up to the burden of donors whose regular contribution is hardly sufficient to cover interest expense. ‘Boy Galang’ who is very well known to the editor, promised to reveal his real identity once Mr. Villon and Ms. Luz Tiqui step down. Read related information in the editorial.