Noli's Pag-IBIG ads cost taxpayers P500-M Written by Carmela Fonbuena Newsbreak Magazine Monday, 13 July 2009 Who is benefiting from the advertisements of Vice-President Noli De Castro promoting the government’s Home Development Mutual Fund, also known as Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industria at Gobyerno (Pag-IBIG) Fund? To lawyer Ernesto Francisco, it’s the vice-president. He noted that the the ads use De Castro’s moniker, Kabayan, a name de Castro registered with the Commission on Elections when he ran for senator in 2001. “This is despicable practice, which is obviously designed to promote the candidacy of Vice-President Noli De Castro. It should be stopped. Vice-President De Castro should have had the delicadeza and sense of decency to refrain from using Pag-IBIG funds to promote his candidacy,” said Francisco. For 2009, a total of P208.5 million has been allotted for the Pag-IBIG advertisements. A big chunk of the budget (P109 million) goes to TV pla...

Yup, but the moment GMA raises his hand, he is a dead duck. ***** by LYNDA JUMILLA, ABS-CBN News | 10/10/2008 6:46 PM Vice-President Noli de Castro on Friday ruled out seeking re-election and hinted that for him, it was the presidency or nothing. "Second term, definitely not. Vice-President na ako ngayon e. [Naging] vice president na rin ako ng ABS-CBN. Kung VP din lang, hindi na," de Castro said. The former broadcaster was vice president for radio of ABS-CBN before running for senator in 2001. (I'm already the Vice-President. I was also vice-president of ABS-CBN. If it's the VP [post] again, never mind.) When asked if he was running for president, de Castro said: "I don't know. We'll see." Asked what would make him decide to run for president, he said: "The presidency, that's destiny." "Ako, ‘di naman ako nangarap maging senador pero naging senador ako. ‘Di naman ako nangarap maging vice president, pero naging VP ako. Kung ano yun...