The Grandmother Of All Scams(PEA-Amari Deal)

Group 4

Cabral, Keith

Gador, Lexa

Orbeta, Hazel

Ruiz, Nichole

• Public Estates Authority (PEA) is a government agency in-charge of the Manila Bay Reclamation area.

• Amari Coastal Bay Resources Corporation

• PEA + Amari + involved persons inside and outside the deal = PEA-Amari Deal

FACTS about the PEA-Amari Deal

The three islands were reclaimed off the coast of Manila Bay. This generated interest to potential investors.

How we see Manila Bay

What the investors see

The Key PlayersGeorge Triviño“The Ital-Thai Development

Corporation Phil. Rep”

Bobby Montano“The

Presidential Appointee”

Benito Cuevo“The

Commissioner”

Premchai Karnasutra

“The Contractor”

Frank Chua“Casino Buddy

1”

Benito Co“Casino Buddy

2”PEA-Amari Deal

There were payoffs given to certain officials and individuals. (A total of P1.269 billion)

?

!

The whole brouhaha started when Trivino was cut in the deal. He gave the basis for Amari exposé to Maceda as well as the “Dear Joe”

letter to de Venecia.

Group Findings

Former President Fidel V. Ramos was allegedly part of the deal, but he was not

mainly focused by the

Senate maybe because of his

position.

Hehehe…

Agnes Montano, Bobby Montano’s live in partner, was allegedly responsible in getting Malacañang’s approval for the Amari deal.

People in position

involved with the

deal received

payrolls to hush up

and impede the

subsequent

investigations.

Unsolved Issues… (No solid proof)

• De Venecia’s roles in the deal

• Former President Fidel V. Ramos’ possible involvement

• Identity of officials receiving payoffs to hush up the investigation

Conclusion• Former President Ramos and other high

officials were part of the PEA-Amari Deal. This deal wouldn’t be possible if Bobby Montano and other persons involved did not have connections inside the Malacanang as well as in related agencies and organizations.

• Trivino felt he was stabbed in the back for not being involved to the transactions that’s why he squealed the whole PEA-Amari deal to Maceda.

• Lagdameo shouldn’t be convicted for he just followed the President’s command.

• There is a proof of cronyism because President Ramos even created a position for Bobby Montano in the PEA.