Based on its financial performance over the past nine years, Manila Water can absorb the penalties and rebate. Neri Colmenares, Makabayan senatorial candidate, said consumers hit hardest by weeks of water shortage should be the first to benefit from the penalties. Apology, early retirementAmid the public outcry over the water shortage, the Zobel brothers of the Ayala group of companies issued an apology late last month. The fallout from the water shortage led to the early retirement of Manila Water chief operating officer Geodino Carpio. Aquino administration blamedThe MWSS imposed the penalties on Manila Water even as it pinned the blame on the previous administration for the water shortage.

Source: Philippine Daily Inquirer April 24, 2019 21:22 UTC