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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.

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Q: What is a summary of ZTE scandal?
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What is the summary of NBN-ZTE issue?

summary of zte scandal summary of zte scandal

What is the reaction of the people about zte nbn 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.

What are the effect of the zte scandal to the financial institution?

It threatened the confidence of foreign investors in the Phillipines.

What is your reaction about nbn zte deal?

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.

What is the reaction of the people abot zte broadband scandal?

I think Mr. Jun Lozada was'nt reall kidnapped....he was'nt even hurt...

What are the effect of zte nbn scandal to Philippine economy?

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.

What is ZTE's population?

ZTE's population is 89,786.

What is the population of ZTE?

ZTE's population is 31.

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ZTE Tania was created in 2012.

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