{"id":1210265,"date":"2020-01-08T10:45:19","date_gmt":"2020-01-08T02:45:19","guid":{"rendered":"https:\/\/newsinfo.inquirer.net\/?p=1210265"},"modified":"2020-01-08T11:35:43","modified_gmt":"2020-01-08T03:35:43","slug":"new-equitable-contract-wont-kill-maynilad-manila-water-justice-chief","status":"publish","type":"post","link":"https:\/\/newsinfo.inquirer.net\/1210265\/new-equitable-contract-wont-kill-maynilad-manila-water-justice-chief","title":{"rendered":"New \u2018equitable\u2019 contract ‘won\u2019t kill\u2019 Maynilad, Manila Water \u2014 Guevarra"},"content":{"rendered":"

MANILA, Philippines \u2014 The \u201cmore equitable\u201d contract that the government is drafting for the Manila Water Co. and Maynilad Water Services Inc. is \u201cnot something that will kill\u201d the two water concessionaires, Justice Secretary Menardo Guevarra said Wednesday.<\/p>\n

Instead, he said the new contract will only eliminate the \u201conerous and highly disadvantageous\u201d provisions under the present supply deals of the two water utilities.<\/p>\n

“That\u2019s a good contract. It\u2019s not something that will kill the water concessionaires,\u201d Guevarra said in an interview with ABS-CBN 黑料社 Channel.<\/p>\n

He estimated that six months would be enough to “firm up everything,” present the contract to the water concessionaires, “and probably they can react already within that period.”<\/p>\n

President Rodrigo Duterte earlier offered Maynilad and Manila Water the option to accept a new concession agreement that will replace existing provisions that \u201crip off\u201d consumers.<\/p>\n

Should the companies refuse, Duterte said he would order the nationalization of the water distribution system and push through with his plan to prosecute officials of the firms for economic plunder or large-scale estafa.<\/p>\n

\u201cIt\u2019s either they accept with no guarantee that they will not be prosecuted or if they do not accept it then I will nationalize the water system and prosecute them for plunder or estafa on a large scale,\u201d the President earlier told reporters in Malaca\u00f1ang.<\/p>\n

READ: OK new deals or face raps, Duterte tells water firms<\/a><\/strong><\/p>\n

An economic analyst, however, described this offer as “like putting a gun to their (concessionaires\u2019) heads,\u201d a claim Guevarra was also quick to refute.<\/p>\n

“A gun will kill you. It\u2019s not something that we will offer to the water concessionaires. It\u2019s something that will give life, life in the sense that it will be a better contract. You remove all illegal provisions, you put in terms that will be more equitable to the government and people,\u201d the Justice secretary said.<\/p>\n

Edited by MUF<\/h6>\n","protected":false},"excerpt":{"rendered":"

MANILA, Philippines \u2014 The \u201cmore equitable\u201d contract that the government is drafting for the Manila Water Co. and Maynilad Water Services Inc. is \u201cnot something that will kill\u201d the two water concessionaires, Justice Secretary Menardo Guevarra said Wednesday. Instead, he said the new contract will only eliminate the \u201conerous and highly disadvantageous\u201d provisions under the […]<\/p>\n","protected":false},"author":1256,"featured_media":1028164,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[34,45],"tags":[1463,35229,11945],"byline":[228897],"source":[206075],"column":[],"editor":[221400],"videographer":[],"position":[],"acf":[],"yoast_head":"\nNew \u2018equitable\u2019 contract 'won\u2019t kill\u2019 Maynilad, Manila Water \u2014 Guevarra | Inquirer 黑料社<\/title>\n<meta name=\"description\" content=\"MANILA, Philippines \u2014 The \u201cmore equitable\u201d contract that the government is drafting for the Manila Water Co. and Maynilad Water Services Inc. is \u201cnot\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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