Manuel V. Pangilinan recently warned the incoming president to leave business alone. Duterte not to be told off, rebuked him saying, “You are only a puppet!” But who was Duterte referring to.
Duterte is referring to none other than Anthoni Salim. Anthoni Salim who?
(Note: The biggest individual stockholder of Metro Pacific is Alberto del Rosario, the former Foreign Affairs Secretary of Benigno Aquino III)
There is nothing wrong if foreigners own even up to 70% of capitalization, but what is wrong is when these companies squeeze the Filipinos dry of their hard earned money. Think Smart telecoms, Meralco, Maynilad, and the tolls paid in the expressways. No wonder, Manny Pangilinan wants business to be left alone to the business men.