Source: ABS CBN News

By PAOLO ROMERO

The $329.5-million contract between the government and ZTE Corp. for a nationwide broadband network apparently violated a Malacanang policy to undertake the project on a build-operate-transfer (BOT) basis to save on public funds, confidential Cabinet meeting transcripts show.

The ZTE is the second biggest telecommunications firm in China.

During a meeting of the Cabinet and the National Economic and Development Authority (NEDA) board at Malacanang on Nov. 21 last year, the board said all government agencies and offices needed to be linked through a privately funded broadband network.

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Posted by pichu at July 1, 2007 11:07 PM