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Mayor Nancy slams P8.96-B ‘midnight deal’ with subway contractor; ex-mayor Abby denies it
Manila Bulletin
|July 08 2025
Makati City Mayor Nancy Binay slammed on Sunday, July 6, what she called the city’s previous administration’s “midnight deal” with the contractor of the Makati subway project worth P8.96 billion, giving full ownership of the project to the city government just days before her term ended.
In a statement, Binay said the agreement, which was approved and signed by the Makati City Council on June 23, requires the city government to pay P8.96 billion to Philippine InfraDev Holdings Inc. (PhilDev) within 90 days from the issuance of the consent award by the Singapore International Arbitration Center (SIAC).
Dit verhaal komt uit de July 08 2025-editie van Manila Bulletin.
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