Philippines: Corruption Scandal Ends National Broadband ProjectMike 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]'China-Philippine ties strong' Chinese President Hu Jintao ' China Wants Joint Corruption Probe'
# posted by MikeCohen-at-large @ 1:24 PM
