Bicol tycoon in old Bikoy accusations hosts Duterte in power plant inauguration

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President Rodrigo Duterte is guest of honor at the opening of a power plant owned by Zaldy Co, the businessman mentioned in Peter Advincula's retracted allegations about a drug syndicate.

Co was described during the inauguration as the founder and former chairperson ofSaid to be the

Co gave the opening remarks that night. Duterte, in his speech, spoke of Co in familiar terms, using his nickname"Zaldy.", it has been built to last so many times over and I’m happy for you. If it would last longer,siya na ang pinaka-Lopez na papalitDuterte was likely referring to the wealthy and powerful Lopezes who own broadcasting giant ABS-CBN. The President has threatened to block its franchise renewal, accusing the network of"bias" and"swindling.

Secretary Cusi, asked by Rappler if DOE was aware of Co being part of Advincula's old accusations, said Duterte attended the inauguration out of support for electrification projects.

 

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