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arranger's fee

  • Writer: cenpeg inc
    cenpeg inc
  • Nov 29, 2024
  • 1 min read

Updated: Aug 14

  • pangngalan (a-reyn-dyers-fi) P100M bayad para sa pagpaplantsa ng isang multibilyong pisong loan facility sa Land Bank noong 2004, na diumano'y pambili ng mga baboy (ang pera mula sa eskandalong ito, na nakilala bilang Swine Scam, ay ginamit diumano ng administrasyong GMA sa eleksyong 2004, gaya ng mas kilalang Fertilizer Scam; lumutang sa kasong ito ang pangalan ng kapatid ni Speaker Prospero Nograles, si Jose Nograles, na noon ay tesorero ng Land Bank, at ngayon ay presidente ng Philippine Deposit Insurance Co.; diumano, itong si Jose ang siyang tumanggap ng P100M na arranger's fee, bukod pa sa P14M bilang attorney's fees at P600T bilang notarial fees); halagang bayad sa nagsasaayos ng maanomalyang kontrata, na napupunta sa bulsa ng mga korap (tingnan din ang cut, kickback, lagay, commission, omission)


  • noun. P100M fee for syndicating a multibillion-peso Land Bank loan facility supposedly for swine purchases in 2004 (the money raised from the alleged fraud, which became known as the Swine Scam, was reportedly used by the GMA administration in the 2004 election – shades of the more popular Fertilizer Scam; linked in this scam was the brother of Speaker Prospero Nograles, Jose Nograles, who was then the treasurer of the Land Bank, and now the president of the Philippine Deposit Insurance Co.; Jose reportedly received the P100M arranger's fee, on top of the P14M attorney's fees and the P600T notarial fees); fee for facilitating an anomalous contract (see also cut, kickback, lagay, commission, omission)


Pinagmulan (Source): Nelson Buenaflor, presidente ng Quedan at Rural Credit Guarantee Corporation (Quedancor), sa hearing ng Senate Blue Ribbon Committee, Hulyo 30, 2008


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