Solon seeks probe on ‘lopsided’ LRMC contract - News Summed Up

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Solon seeks probe on ‘lopsided’ LRMC contract


Solon seeks probe on ‘lopsided’ LRMC contract 0 SHARES Share it! Share TweetBy Ellson QuismorioA ranking congressman is seeking a House inquiry into the allegedly lopsided concession agreement entered into by the government with the Ayala-Pangilinan consortium Light Rail Management Corporation or LMRC. The concession deal between the government and the consortium spans 32 years. LRMC is a consortium of the Ayala-led AC Infrastructure Holdings Corp., Pangilinan-owned Metro Pacific Investment Corp., and Australian firm Macquarie Infrastructure Holdings. Go-Yap is asking the appropriate House committee to investigate the concession deal in aid of legislation.


Source: Manila Bulletin January 20, 2020 07:32 UTC



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