PinoyPundit

Current affairs in the Philippines and overseas.

Jail time for Nani? Perez the thought.

Posted on May 24, 2008 - Filed Under Politics, Governance

The alleged crime was committed just two days after Gloria M. Arroyo became president in the wake of Joseph Estrada’s ouster. However, for a special reason that has become an open secret, it has taken the Ombudsman all these years to charge Hernando ‘Nani’ Perez . . . Pres. Arroyos’s very first Justice secretary . . . with extorting $2 million from former Manila congressman Mark Jimenez.  The amount was allegedly part of a $14 ‘walking around money’ that Jimenez obtained from Impsa, an Argentine-owned company that had tasked him to facilitate a Philippine government guarantee for a foreign loan intended for an independent power project . . . a deal that had in fact been junked much earlier by Estrada for being grossly disadvantageous to the government.

Looking back at an extraordinary sequence of events that have unfolded in the past couple of weeks, however, those of us who have been expecting Nani to join Romy Jalosjos in Muntinlupa shortly might as well perish the thought. Consider the following pertinent developments:

There’s a silver lining in all of these apparently orchestrated efforts to handle Perez with kid gloves, however, and I have a feeling that most opposition figures have already realized that Demavera has actually done them a great big favour by omitting a plunder case despite what has been described as a traceable paper trail on the alleged $2 million bribe.

Sometime in the foreseeable future when the weather right . . . as in ‘weather-weather lang’ . . . Perez will be charged with plunder, be barred from posting bail and woefully unable to invoke double jeopardy.

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