{"id":25141,"date":"2012-11-11T04:18:48","date_gmt":"2012-11-11T04:18:48","guid":{"rendered":"http:\/\/www.clearwaterphilippines.com\/wordpress\/?p=25141"},"modified":"2012-11-11T04:18:48","modified_gmt":"2012-11-11T04:18:48","slug":"city-administrator-says-lazatin-groping-for-answers-on-bad-loans","status":"publish","type":"post","link":"http:\/\/www.clearwaterphilippines.com\/resort\/2012\/11\/city-administrator-says-lazatin-groping-for-answers-on-bad-loans\/","title":{"rendered":"CITY ADMINISTRATOR SAYS Lazatin groping for answers on bad loans"},"content":{"rendered":"

ANGELES CITY \u2013 \u201cGet a copy first of the Special Audit Report of the Commission on Audit which was submitted to the late Secretary Jesse Robredo on August 4, 2010 before opening your mouth and resort to absurd and incoherent excuses.\u201d<\/p>\n

This was the advice of City Administrator Dennis Albert Pamintuan to the Lazatin camp, particularly Irish \u201cIC\u201d Calaguas, in connection with the special audit COA report on 16 local government units, including Angeles City, whose loans utilization and management has been questioned.<\/p>\n

\u201cObviously, Calaguas and much less her boss have not read the report yet, and are obviously groping for answers, resulting in absurd, incoherent and ridiculous finger-pointing,\u201d said Pamintuan.<\/p>\n

\u201cThey should read the report before opening their mouths,\u201d he said.<\/p>\n

Pamintuan also advised Calaguas to check her facts when she said Mayor Pamintuan rented a portion of the San Nicolas market to Puregold, a supermarket chain. <\/p>\n

\u201cIt was during the past administration that the upper floor of the market was rented out,\u201d he said.<\/p>\n

\u201cKonting ingat lang po sa inyong mga datos. Tila natataranta na kayo,\u201d he said. <\/p>\n

According to Pamintuan, the COA special audit report noted of the loans made by Lazatin from the Land Bank of the Philippines and the Development Bank of the Philippines, particularly the P186 million loan for the construction of the San Nicolas Market.<\/p>\n

From years 2001 to 2007, Lazatin obtained a total of P324.9 million in loans.<\/p>\n

The COA report noted that the P186 million loan for the San Nicolas market did not pass through the proper processes. <\/p>\n

Asked by the COA for its comment, the administration of then Mayor Blueboy Nepomuceno said: <\/p>\n

\u201cWhen the previous administration entered into a loan agreement with Land Bank of the Philippines for the reconstruction of a public market, which is the San Nicolas Public Market (P186 million), the City Planning and Development Office (CPDO) was not informed nor consulted and neither was involved in the LGU\u2019s loan negotiation.\u201d<\/p>\n

It was revealed the other day by Mayor Edgardo Pamintuan that because of the derogatory record of Angeles City pertaining to its past loans, the city may no longer be able to obtain credit from banks unless cleared by the Department of Finance.<\/p>\n

\u201cFor Calaguas to pass the blame on us for something that Lazatin did during his administration is the height of absurdity,\u201d said Pamintuan.<\/p>\n

He clarified that Nepumuceno did not actually pay the loans of Lazatin when he borrowed P812.5 million for the Philippine Veterans\u2019 Bank (PVB) in 2009 ostensibly for the construction of a sports complex. <\/p>\n

Nepomuceno simply repackaged Lazatin\u2019s loans which were just transferred to and absorbed by the PVB, he explained.<\/p>\n

\u201cIn other words, the people of Angeles are still paying for the indebtedness of Lazatin. <\/p>\n

On the contrary, we have not resorted to borrowing because we are able to manage our finances well,\u201d Pamintuan said. \u201cIn this respect, who\u2019s bankrupt?\u201d<\/p>\n

Pamintuan has laughed off persistent charges by the Lazatin camp that the current administration is bankrupt, mainly because of some payables with a gas station. <\/p>\n

\u201cWe challenge them to bring their political engagement to a higher level, like coming out with a real and doable platform, other than nitpicking on issues and promising free education and medical services, while lowering taxes, which may be good propaganda but impossible to implement,\u201d Pamintuan said.<\/p>\n

He cited as an example a recent charge of the Lazatin camp that the donated hospital equipment for the Ospital Ning Angeles have not been recorded in the books as of mid-2011.<\/p>\n

\u201cBooking is a continuing exercise, and the hospital equipment arrived by batches. <\/p>\n

In fact a new shipment is forthcoming in a few weeks. In other words, they should check on the end-year reports, which are more conclusive, not the periodic memoranda issued by the COA intended to remind government offices of certain issues that needed to be addressed,\u201d Pamintuan explained. <\/p>\n

\u2013Angeles CIO
\nhttp:\/\/punto.com.ph\/News\/Article\/15814\/Volume-6-No-65\/Headlines\/u-CITY-ADMINISTRATOR-SAYS-u-br-Lazatin-groping-for-answers-on-bad-loans
\nFamilies with small children prefer outdoor resort in Manila clean and safe place in Pampanga Clark to bring kids to relax and unwind.<\/p>\n

Clearwater Resort and Country Club is well regarded by trip planners and Manila residents as one of the best resorts in Pampanga for family bonding. This is one resort near Manila that enables guests to relax and unwind, away from the stress of living in the city. <\/p>\n

Travel groups recommend Clearwater Resort for this Holy Week and Easter holidays because this hotel resort in Clark Philippines is a private resort that is near Manila and is highly recommended for families with children to relax and unwind in a safe and secure location. Clearwater Resort is one of the resorts in Pampanga that are highly recommended for visitors coming to Angeles City or Clark Pampanga during Christmas, Mother\u2019s Day, Father\u2019s Day, Valentine\u2019s Day, New year and especially during the Philippines Hot Air Balloon Festival.<\/p>\n

Quiet place for rest and relaxation near Manila, in Subic, Angeles City Pampanga and Clark Philippines is something that residents of Manila travelling to the north for a short getaway are looking for. Today, Clark is no longer just a golfer\u2019s paradise, it appears to tourists and visitors who are not just interested to play golf in one of the best golf courses in Pampanga. This resort in Clark Philippines is generally considered by Manila residents to be a good place for family trips in Pampanga.<\/p>\n

Top rated tourist spots and places to see and visit in Clark Philippines include Clearwater Beach Resort Clark Pampanga. It is in this private resort in Pampanga that Manila residents travel out of town on a short getaway to savor the American lifestyle of laidback leisure living by the famous lake of Clark Airbase. Clearwater is one of the best hotel in Clark and the resort is a very popular venue for rest and relaxation especially for golfers after a round of golf at one of the best golf courses near Manila. Clark is home to some of the best golf courses in Pampanga.<\/p>\n

Pampanga Angeles City and Clark Philippines is a popular choice for event organizers and company event planners because it is safe, secure and conveniently accessible from Manila. The short travel time from Manila to Clark means there is more time for participants to enjoy the programs, relax and unwind in the outdoor facilities of this highly recommended resort hotel in Clark.<\/p>\n

For inquiries and bookings, Please click here to contact Clearwater Resort for inquiries and reservations now<\/a><\/p>\n

Clearwater Resort and Country Club, Clark Pampanga <\/strong>
\nCreekside Road near Centennial Expo,
\nClark Freeport, Pampanga Philippines 2023
\n(045) 889-5151 0917-520-4403 0922-870-5177
\nJoanne or Jeremy or Loydha<\/p>\n

Getting to this lake and beach resort in Pampanga Angeles City Clark Philippines<\/strong><\/p>\n

After entering Clark Freeport from Dau and Angeles City, proceed straight along the main highway MA Roxas, passing the stand-along wine shop called Clark Wine Center on the right, continue to bear right making no turns at all, go past Mimosa Leisure Estate on the opposite side of the road, one will hit a major intersection. Go straight and the road becomes Creekside Road. YATS Clearwater Resort and Country Club is on the right just 200m down. <\/em><\/p>\n

\"\"<\/a>

Family Bonding by the famous lake of Clark Pampanga<\/p><\/div>\n

http:\/\/www.ClearwaterPhilippines.com<\/a><\/strong><\/p>\n

Manila Sales Office<\/strong>
\n3003C East Tower, Phil Stock Exchange Center,
\nExchange Rd Ortigas Metro Manila, Philippines 1605<\/em>
\n(632) 637-5019 0917-520-4393 Rea or Chay<\/p>\n

Email: Inquiry@ClearwaterPhilippines.com<\/p>\n