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Pres. Duterte to Shut Down DMCI if Consunji Does Not Pay Quake-Damaged Condo "Wag kang Arogante!"


The tough-talking President of the Republic, Pres. Rody Duterte warned another oligarch and billionaire Isidro Consunji to shut down his company DMCI if he does not pay quake-damaged Davao Condominium.


The President is reportedly fed up with the alleged arrogance of billionaire Consunji and his efforts to weasel out of compensating the owners of the quake-damaged Ecoland condominium built by his company, DMCI Homes, in the President's hometown.



Pres. Duterte said he was bothered by a report that Consunji did not respond well during the meeting with the representatives of the owners of Ecoland condominium which collpased during the 6.5 magnitude earthquake in Davao City last October.

“You were most arrogant do not do that. You will not only lose your funds but also your business, believe me. I have ordered an audit of all your buildings and violations you have committed,” Said Duterte in an interview with ABS-CBN’s Ted Failon.

“You know, if you do not come to terms with the people that you have prejudiced, will not allow you to even construct a building, not even a post,” he added.

The billionaire land developer, Isidro Consunji had previously claimed that the Duterte government, and not the private firms, should be held responsible for inserting the onerous provisions in Maynilad's water contract.



Isidro Consunji is considered as a partner of Salim Group of Indonesia which bought out the Lopez Group in Maynilad. Consunji even warned the Duterte administration that the President's attack on Maynilad and Manila Water has created "uncertainty" and adversely affected investor sentiment.

President Duterte also noted that Isidro Consunji is just too arrogant to know when to shut his mouth for having the nerve to attack the President on his planned takeover of Maynilad Water, where Consunji is a partner of Salim Group of Indonesia, while he has yet to compensate the owners of DMCI's Ecoland 4000 Condominium.


Source: PNA / Bilyonaryo


Pres. Duterte to Shut Down DMCI if Consunji Does Not Pay Quake-Damaged Condo "Wag kang Arogante!" Pres. Duterte to Shut Down DMCI if Consunji Does Not Pay Quake-Damaged Condo "Wag kang Arogante!" Reviewed by Phil Newsome on 1/12/2020 Rating: 5

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