Noynoy Aquino–involved in road diversion scandal?

Noynoy Aquino thinking of the scam?

Senator Noynoy Aquino is being accused by Cong. Crispin Remulla of profitting from the sale of overpriced sugar lands. The alleged scam involves the SCTEX or the Subic-Clark Tarlac Expressway. Reportedly, the Senator entered into a collusive deal with his relatives, the Cojuangcos, in selling a part of 6,400 hectares of Hacienda Luisita land.

The deal, which Remulla describes as  a “sweatheat deal” involves the sale of sugar lands for 100 pesos per square meter. The going rate for any agricultural land is between 6 to 8 pesos per square meter.

Government, says Remulla, bought 83 hectares, which means that the Cojuangcos and the Arroyos profitted 83 million pesos for right-of-way and 170 million to build a road interchange in the middle of Concepcion and San Miguel in Tarlac province.

The deal, says Remulla, was finalized during the time when Aquino and Arroyo were still political allies.