Senate panel to Villar on C-5: Return P6.22B fund to govt

The Senate will ask presidential aspirant Sen. Manuel Villar Jr. (Nacionalista Party) to return to the government the P6.22 billion his company allegedly “gained" through illegal means from the construction of the C-5 road extension.

Senate President Juan Ponce Enrile, chairman of the committee of the whole that probed the case, said this is only one of the sanctions meted on Villar that are included in the committee report, which he would sponsor on the floor Tuesday.

The P6.22 billion, according to the 84-page report, was the amount “Villar made the Filipino people suffer" for the benefit of his corporations.

Villar is the ninth richest Filipino in 2009 with a net worth of $530 million, according to Forbes Magazine.

http://www.gmanews.tv/story/181893/senate-panel-to-villar-on-c-5-return-p622b-fund-to-govt

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