In 2007, Philippine President Gloria Macapagal Arroyo was involved in a fraudulent deal for a national broadband network with a Chinese government corporation known as ZTE. The deal, according to Arroyo, was to cost approximately 329 million dollars, which was 197 million dollars more than the actual cost of building the network. Arroyo's husband and an electoral chair member planned to take the extra money for themselves as a commission.
Political cartoon of the teapot dome scandal?
Teapot Dome Scandal
Ulysses S. Grant was the president of the US when The Whiskey Ring Scandal of 1875 was exposed.
The Tea Pot Scandal commonly called The Teapot Dome Scandal
Ulysses S. Grant was President in 1875 when the Whiskey Ring Scandal was exposed.
summary of zte scandal summary of zte scandal
Most people who know about the ZTE - NBN scandal are calling for stricter measures to avoid a repeat. A few other factions have come up to question the validity of the information given regarding the scandal.
It threatened the confidence of foreign investors in the Phillipines.
The accusations about the NBN ZTE scandal were only verbal. There were never any formal, written accusations made, which lends to the idea that they were made up accusations.
I think Mr. Jun Lozada was'nt reall kidnapped....he was'nt even hurt...
The NBN/ZTE shook consumer confidence and made foreign investors less likely to invest money in the Philippine economy. It also caused a political crisis with opponents demanding the ruling party's leaders resign.
ZTE's population is 31.
ZTE's population is 89,786.
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ZTE
ZTE Tania was created in 2012.