Valoria said the BuCor even wanted the Iwahig Prison and Penal Farm to replicate Tadeco’s joint venture agreement for a plantation there. Alvarez said clearly the joint venture agreement was in essence a rental deal. READ: Alvarez’ rival Floirendo ousted from CAFloirendo inhibited from participating in the House investigation even though he was a member of the House committee on justice which jointly conducted the probe on Tadeco with the House committee on good government and public accountability. Alvarez even filed a graft complaint before the Ombudsman against Floirendo for Tadeco’s allegedly disadvantageous contract and his alleged conflict of interest. Alvarez alleged Floirendo has a personal interest in the contract which was entered into in 2003 when the latter was already congressman.

Source: Philippine Daily Inquirer May 09, 2017 06:56 UTC