PHC
Philcomsat Holdings Corporation
(a PSE-listed company)

 
 
ALI BABA AND THE FORTY THIEVES

Excerpts from PRIVILEGE SPEECH of Senator Enrile

PITERO M. REIG

“Now, Pitero Reig. He belongs to the Locsin group, lawyer and outsource lawyer of this Luis Lokin. He filed a complaint for Concepcion Poblador with the Sandiganbayan and successfully procured a TRO against the PCGG and Undersecretary Enrique Perez, directing these two, the PCGG and Usec. Perez, not to recognize the new President Gloria Mcacapagal-Arroyo’s appointees in the POTC and Philcomsat despite the letters written by President Gloria Macapagal-Arroyo to replace the Locsin group. He unsuccessfully tried to block the group, and for this his law office received a P5 million in legal fees.”