Excerpts from PRIVILEGE SPEECH of Senator Enrile

GENER REYES

“No. 12, Gener Reyes. I am sorry to eat the time of the Senate, but I am going to talk about 40 Ali Babas. Gener Reyes is a PCGG comptroller and asset monitor, rumored to be a boyfriend of Abcede, assigned to check POTC and Philcomsat disbursements of the new board but refuses to check the POTC and Philcomsat disbursements of the Locsin Group. The Locsin Group set up fictitiously POTC and Philcomsat entities to which they diverted the funds of Philcomsat Holdings. Not the real POTC and Philcomsat that exist, but only POTC and Philcomsat entities that exist in the minds of these deluded government officials. Yet, in spite of his ineptness, he received an additional P600,000 by way of honoraria and gasoline reimbursement from Philcomsat Holdings, a publicly listed and not sequestered corporation, compliment of his boyfriend, Commissioner Ricardo Abcede.”

PCGG Comptroller/Asset Monitor GENER REYES - on the take from PHC, an UNSEQUESTERED company