MANILA, Philippines—The Supreme Court has ordered a crony of the late strongman Ferdinand Marcos to pay the government more than P1-billion in damage for brokering the $2.2 billion deal to build the mothballed Bataan Nuclear Power Plant (BNPP) with Westinghouse Electric Corp.
The plant was never finished and became one of several costly white elephants of the Marcos regime. But payments for the loan incurred by the Philippines for the mothballed project continued until it was fully paid in 2007.
Protests hounded the BNPP project and experts warned of a nuclear disaster because of safety issues, including the plant’s location in an area sitting on an active earthquake fault.
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Keep on reading: Gov’t wins more than P1B in damages against Marcos crony over Bataan nuke plant