00:00The Makati city government, led by Mayor Nancy Binay, will withdraw from the Makati Subway Project deal signed by her sister, former Mayor Abbey Binay.
00:10City Legal Officer Ava Ramel said in a press conference on Tuesday, July 8, that the Singapore International Arbitration Center gave the city until Friday, July 11, to submit its position.
00:20Nancy's transition team head Christian Robert Lim said the previous administration under Abbey handed over scant documents of the deal.
00:27He said the new city government received only a small box with a contract, annexes, and appraisals.
00:33It did not include detailed records of the project's progress.
00:36Nancy's administration also said it will create a fact-finding team to check the status and identify possible problems in the Subway Project.
00:44She said they will review other public-private partnership projects made under Abbey, including the Makati Life Medical Center and the Makati Zen Card Program.
