Yinglong illegal mining: A microcosm of our national quagmire

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Yinglong illegal mining: A microcosm of our national quagmire
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It's been years since documented details of a controversy that reveals the corruption involved has been made available — ironically thanks to the legal documents filed by the protagonists themselves.

Third of a seriesILLEGAL nickel-ore miner Yinglong Steel's lies in its full-page ads in this newspaper and The Philippine Star last week are as stunning as its brazen disregard for the Constitution itself, as well as for our country's laws on mining and those governing business contracts.

Yinglong however did not pay Westchinamin: All its nine checks purportedly for paying the amount were dishonored by the issuing banks, with only two for P47 million cleared. That is just 5 percent of the P1 billion agreed price. This fact is well known in the DENR and the mining industry, as it was a brazen double-crossing of a deal.

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