Friday, February 15, 2008

Lozada: Abalos wanted a $130-M commission

Rodolfo Lozada Jr., the next Senate witness in its investigation into the scrapped national broadband network (NBN) project, bared Thursday that former elections chief Benjamin Abalos Sr. wanted a $130-million commission for the deal.

He said that he was tasked to study a proposal for the project between the groups led by businessman Jose de Venecia III and Abalos.

Lozada, who has been missing since Tuesday afternoon, said Abalos wanted the project to push through with loans.

When he refused to agree to Abalos's wishes, Lozada said that the former elections chairman threatened to have him killed. Read Full Article ...

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