| |
| ALI
BABA AND THE FORTY THIEVES |
Excerpts from PRIVILEGE
SPEECH of Senator Enrile
JOHNNY R. TAN
“Johnny R. Tan, assistant vice president
and accountant of Philcomsat Holdings Corporation. Mr. President,
as an accountant, he received P21.6 million from Philcomsat Holdings
by way of compensation fees, allowances, reimbursement and cash
advances, including a 2006 Toyota Hi-Lux and unliquidated cash
advcanes of P10 million. All told, more than P30 million of money
of Philcomsat Holdings Corporation dissipated.”
"Cash c/o Jrt", Johnny R. Tan, PHC
Accountant
"TOYOTA HI-LUX - JRT"
(New Toyota vehicle for PHC accountant Johnny Tan) P1,200,000
THE MAD RUSH TO TRANSFER PHC-PURCHASED VEHICLES
|
|
