
Albee denies El Cid claim city gov’t has P6.5B loan
Bacolod Mayor Alfredo Abelardo Benitez and Vice Mayor El Cid Familiaran (right)*Bacolod Mayor Alfredo Abelardo “Albee” Benitez on Friday, March 28, denied the claim of Vice Mayor El Cid Familiaran that the Bacolod City government has a P6.5 billion loan, and that its payment would drain resources that could be used for social services.“Let’s set the record straight so that the constant lying of the other party will stop,” Benitez, who is running for congressman of Bacolod, said in a press statement.Familiaran is running for mayor of Bacolod.The loan line granted to Bacolod City was only P4.1B, and based on the record, and what was availed of by the city from the Development Bank of the Philippines for various projects is only P2.05B at this point in time, Benitez said....









