Hontiveros requests DBP documents on P9.5-B loan for SEA Games facilities

MANILA, Philippines — Senator Risa Hontiveros has asked the Development Bank of the Philippines (DBP) for several documents related to a P9.5-billion loan it granted to a Malaysian firm for the construction of sports facilities for the country’s hosting of the 2019 Southeast Asian (SEA) Games.

Hontiveros said she sought for six “important” documents because they would be crucial for the Senate investigation she earlier called for into the joint venture agreement (JVA) entered into by the Bases Conversion and Development Authority (BCDA) with Malaysian developer MTD Capital Berhad to construct sports facilities in New Clark City.

She said she sent a letter to the DBP on Tuesday re…

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