Peasants condemn Cojuangco-Aquinos’ ‘financial assistance’ of P1.35, P2.70 to Hacienda Luisita farmers 08/21/2010
The militant Kilusang Magbubukid ng Pilipinas (KMP, Peasant Movement of the Philippines) condemned the bogus referendum for the alleged compromise deal held by the Cojuangco-Aquinos at Hacienda Luisita and the actual giving out of ‘financial assistance’ to the farmers amounting to P1.35, P2.70 or lower.
“The Cojuangco-Aquinos’ mass deception is materially proven by the amount they have given to the Hacienda Luisita farmers. Who in the world could say that amounts P1.35, P2.70, P24.59, P44.47 are financial assistance? It could not even cover the fare they spent to go the venue,” said Danilo Ramos, KMP Secretary-General in a statement.
The group said that a copy of a receipt they furnished from the Alyansa ng Manggagawang Bukid sa Asyenda Luisita (AMBALA) printed the name of Andy Andaya, a farmworker from Bgy. Asturias, have 4 shares for the year 1989 to 2004, and additional “accelerated shares” of 4, totalling 8 shares but received an insulting P1.35 gross amount of ‘financial assistance.’ Another farmworker who had a total of 16 shares received an amount of P2.70.
“This is the concrete manifestation that the Cojuangco-Aquinos’ scammed the farmers in Hacienda Luisita. Obviously they have not explained thoroughly what the new referendum would give them. Farmworkers said that they have promised with amounts P20,000 to P150,000 but all they got are insulting P1.35 to P2.70,” Ramos said.
“Who would dare vote for an amount of P1.35?” he added.
KMP also said they have a copy of a receipt that amounted to P3,420 with a corresponding 20,302 shares, but half of the shares were only added after 2004.
“The amount if computed results P0.1684563 per share, the Cojuangco-Aquinos’ have already doubled the farmworkers share after the November 2004 strike but still they could not effect a decent amount,” Ramos said.
The group said that the per share amount also shows that the P20-million financial assistance was divided to 118,725,153 shares which is 347,398 shares greater than the 118,377,755 shares stated on the 1989 Stock Distribution Option (SDO) agreement and the bogus compromise deal. Thus, the amount to be given per farmworker was reduced even more.
KMP also said that the justification for SDO’s revocation are being revived and publicly known, coinciding the crooked sense of right and wrong of the Cojuangco-Aquinos. The group has challenged president Benigno “Noynoy” Aquino to revoke the immoral and unjust “compromise deal” peddled by the Cojuangco-Aquinos as well as the SDO. They also called on the Dept. of Agrarian Reform to actively denounce the Cojuangco-Aquino “sham deal” and pursue their decision to revoke the SDO.
“It is very disturbing that a president who claimed he is for change and for the interest of the people, keeps his ‘hands-off’ to an obviously unjustifiable and inhuman measures being done by his family and relatives. The Cojuangco-Aquinos are obviously scamming the farmers but Aquino safely distance himself and abdicates his duties to protect the interest of the people,” Ramos said.
The group said that the Filipino people could not expect anything positive if Aquino could not even act for the interest of the farmers on his own backyard. He leads the to follow traffic rules but not the moral duty to promote social justice and democracy.
“With the useless attitude of Aquino, the country is clearly on a path to unrest and injustice,” Ramos added. #
Images of receipts of Cojuangco-Aquinos' 'financial assistance.'