The Fall of Joseph Estrada (2000)

Journeyman Pictures
2 Nov 201818:49

Summary

TLDRThe video script details the political turmoil surrounding former Philippine President Joseph Estrada, who faced allegations of corruption and illegal gambling profits. Accusations by a crime world insider, Singson, suggest Estrada received millions in kickbacks, threatening his presidency and the nation's economy. Amidst public outrage and calls for his resignation, Estrada's flamboyant lifestyle and connections to underworld figures cast doubt on his integrity, while opposition leaders like Gloria Macapagal-Arroyo seek to capitalize on the crisis.

Takeaways

  • 🎬 Joseph Estrada, a former movie star with a populist appeal, was elected as the President of the Philippines by a large number of impoverished citizens who viewed him as their advocate.
  • 🍻 Known for his candidness about his personal vices such as heavy drinking and numerous affairs, Estrada's presidency faced a significant political crisis due to allegations of corruption.
  • 💸 The scandal suggested that Estrada may have embezzled millions from the very people he was elected to serve, who often lived on as little as a dollar a day.
  • 🗣️ Amidst the crisis, Estrada defended his lifestyle choices, claiming transparency and openness, but his actions began to undermine his presidency and the nation's economic outlook.
  • 🚨 The script describes a complex web of corruption involving illegal gambling, with allegations that Estrada received substantial payments from these illicit activities.
  • 🏰 Singson, a crime world insider and former provincial governor, is portrayed as a key whistleblower who accuses Estrada of corruption, including the embezzlement of tobacco taxes.
  • 👥 The allegations brought forth by Singson and others have led to a public outcry and a moral debate about Estrada's character and his fitness to govern.
  • 📉 The political turmoil surrounding Estrada's presidency had severe economic repercussions, with the stock market plummeting and the national currency devaluing.
  • 🏛️ In response to the allegations, Estrada agreed to some investigations and reforms but maintained his innocence and refused to resign, framing the accusations as a class war.
  • 🕊️ Gloria Macapagal-Arroyo, a potential successor and opposition leader, emerged as a figure rallying against Estrada, aiming to unify the opposition and lead a peaceful protest for his resignation.
  • 📈 The scandal also highlighted the broader issue of character and integrity in leadership, with calls for transparency and accountability in government.

Q & A

  • Who is Joseph Estrada and what was his appeal to the impoverished millions in the Philippines?

    -Joseph Estrada is a former movie star turned politician who served as the President of the Philippines. He was seen as a champion by impoverished millions due to his populist touch and his honest portrayal of his flaws, which included hard drinking and having many mistresses.

  • What was the political crisis that Joseph Estrada faced during his presidency?

    -Joseph Estrada faced a deep political crisis involving allegations of corruption, including stealing millions from people living on as little as a dollar a day. This scandal threatened not only his presidency but also the confidence in the economic future of the Philippines.

  • What is the significance of Luis 'Ding' Singson in the Estrada scandal?

    -Luis 'Ding' Singson is a crime world insider and a provincial governor who claimed to have delivered illegal gambling profits to Estrada. His whistleblowing threatened to bring down the president and exposed the corruption within the government.

  • What is the 'Jueteng' game and how is it related to the Estrada scandal?

    -Jueteng is an illegal numbers game popular in the Philippines where players bet a few cents on two out of 37 numbers. Singson claimed that this game was a significant source of illegal income for Estrada, implicating the president in the corruption scandal.

  • How did the allegations against Estrada affect the Philippines' economy?

    -The allegations against Estrada led to a crisis of confidence, causing the stock market to fall and the peso to reach record lows, which crippled the Philippines' economy.

  • What was Estrada's response to the corruption allegations and the impact on his presidency?

    -Estrada defended his lifestyle and denied all charges, claiming that the allegations were part of a politically motivated attack. He refused to resign and instead accused his critics of waging a class war.

  • Who is Gloria Macapagal-Arroyo and what was her role in the opposition against Estrada?

    -Gloria Macapagal-Arroyo is the daughter of a former president and an economist. She was the vice president of the opposition party and resigned from Estrada's cabinet due to the corruption allegations. She led a coalition of opposition groups seeking Estrada's resignation.

  • What was the significance of the impeachment hearing in the Estrada scandal?

    -The impeachment hearing was significant as it was a formal process to investigate the corruption allegations against Estrada. If found guilty, he could have been removed from office and faced criminal proceedings.

  • How did the public react to the scandal involving Estrada?

    -The public reaction was mixed. While some continued to support Estrada, believing his claims of a class war, others demanded his resignation due to the severity of the corruption allegations and the impact on the country.

  • What were the allegations regarding Estrada's personal wealth and how did they relate to the corruption scandal?

    -Allegations suggested that Estrada had accumulated wealth and property worth 20 million U.S. dollars through illicit means, which could not be explained by his declared income. This was part of the corruption scandal as it indicated possible illegal enrichment.

Outlines

00:00

🎬 Political Scandal Involving Joseph Estrada

The script begins with the introduction of Joseph Estrada, a populist politician and former movie star who became the President of the Philippines. Despite his honest admission of personal flaws such as heavy drinking and womanizing, Estrada is depicted as being in deep political crisis, accused of stealing millions from the impoverished. The scandal is further complicated by his connections to underworld figures and a lavish lifestyle, which is now seen as a threat to the country's economic future. The script introduces Lingling Singson, a crime world insider and politician, who claims to have delivered illegal gambling profits to Estrada, implicating the president in corruption and illegal activities.

05:01

🎰 The Impact of Illegal Gambling on Philippine Politics

This paragraph delves into the widespread issue of illegal gambling in the Philippines, particularly the 'wedding' game, which is a scam operated by unknown individuals. It discusses how small bets accumulate into large sums for the gambling lords, with Governor Singson alleging that President Estrada was their protector. The crackdown on illegal gambling ordered by Estrada is mentioned, along with the political maneuvering involving a legal game called 'bingo to ball' and the cronyism that led to a rival of Singson receiving a contract. The paragraph also touches on the public's reaction to the scandal and the moral indignation it has caused in the deeply Catholic country.

10:03

🏛️ The Political Aftermath and Potential Succession

The script moves on to discuss the political aftermath of the scandal, with Vice President Gloria Macapagal-Arroyo emerging as a potential successor to Estrada. It outlines her background and her role in leading the opposition against Estrada, seeking his resignation due to the corruption allegations. The narrative includes the involvement of Perfecto Yasay, the former Securities and Exchange Commission chief, who accuses Estrada of interfering in an insider trading investigation. The allegations of corruption are further supported by Sheila Coronel's investigation into Estrada's wealth, which suggests that his accumulation of property cannot be explained by his declared income.

15:06

📜 The Legal Battle and Public Perception

The final paragraph focuses on the legal battle that Estrada faces, with the Senate deciding to hold impeachment hearings that could lead to his removal from office. It details the testimonies of witnesses, including Yolanda Ricaforte, who was allegedly involved in handling Estrada's ill-gotten gains. The script also addresses Estrada's refusal to resign, his denial of the allegations, and his framing of the situation as a class war. The public perception is shifting, with the scandal causing a crisis of confidence that is affecting the economy, and the opposition is intensifying their efforts to oust Estrada from power.

Mindmap

Keywords

💡Populist

A populist is a political figure who seeks to appeal to ordinary people who feel that their concerns are disregarded by established elite groups. In the video, Joseph Estrada is described as a politician with a populist touch, suggesting he was seen as a champion of the impoverished millions, which is central to understanding his initial rise to the presidency.

💡Swashbuckling

Swashbuckling refers to a bold, daring, and flamboyant manner, often associated with adventure or recklessness. The script describes Estrada as a 'swashbuckling former movie star,' highlighting his larger-than-life persona and how it contributed to his public image, despite his flaws.

💡Political Crisis

A political crisis is a situation where the stability and effectiveness of a government are threatened, often due to scandals or conflicts. The video discusses Estrada being at the center of the 'deepest political crisis to hit the Philippines,' emphasizing the severity of the allegations against him and their impact on the nation's governance.

💡Cronies

Cronies are close friends or associates, often used in a political context to refer to individuals who are favored by those in power, sometimes for questionable reasons. The script mentions concerns over Estrada's connections to 'cronies underworld figures,' indicating a potential abuse of power and corruption.

💡Whistleblower

A whistleblower is a person who exposes secretive information or activity within a private or public organization that is deemed illegal, unethical, or not correct. In the video, Singson is described as a 'crime world insider whose whistleblowing threatens to bring down a president,' showing his role in revealing the alleged corruption.

💡Warlord

A warlord typically refers to a person exercising political control in a certain area during a time of chaos or conflict, often through the use of military force. The script describes Singson as a 'warlord,' indicating his significant power and influence in his province, which is relevant to the broader corruption narrative.

💡Illegal Gambling

Illegal gambling involves betting or wagering on games of chance in violation of local, state, or national laws. The video discusses how 'illegal gambling' is a significant source of the funds that Singson claims were funneled to Estrada, illustrating the depth of the corruption and its impact on the poor.

💡Insider Trading

Insider trading is the trading of a public company's stock or other securities by individuals with access to non-public information about the company. The script mentions an 'insider trading investigation,' which is another example of the corruption allegations against Estrada and his associates.

💡Impeachment

Impeachment is a process by which a legislative body addresses charges against a government official, often leading to their removal from office if found guilty. The video notes that the Senate has decided to hold an 'impeachment hearing,' which is a critical step in addressing the allegations against Estrada.

💡Economic Crisis

An economic crisis is a situation where economic indicators like GDP, employment, and investment experience a sharp downturn, often leading to a recession or depression. The script describes the 'Philippines economy being crippled by a crisis of confidence,' showing the broader impact of the political turmoil on the country's economic stability.

💡Character

Character refers to the moral and ethical qualities of an individual, often judged by their actions and decisions. The video repeatedly returns to the issue of 'character,' questioning whether Estrada possesses the necessary integrity to govern a country, which is central to the public's trust in his leadership.

Highlights

Joseph Estrada, a former movie star with populist appeal, was elected as the president of the Philippines by impoverished masses who viewed him as their advocate.

Despite his open admission of flaws such as heavy drinking and numerous affairs, Estrada's presidency faced a severe political crisis due to allegations of corruption.

Estrada's connections to underworld figures and a flamboyant lifestyle raised concerns from the beginning of his term.

Philippine crime world insider, Singson, emerged as a whistleblower, threatening to expose the corruption within the government and implicating Estrada.

Singson, a former licensed embalmer turned politician and crime boss, detailed the illicit activities that included illegal gambling and tax evasion.

Singson alleged that he personally delivered millions in illegal gambling profits to Estrada at the presidential palace.

The popular illegal numbers game 'Jueteng' was highlighted as a significant source of illicit funds for the president.

President Estrada's crackdown on illegal gambling following the scandal was criticized as insincere, given his alleged involvement.

Estrada's attempt to replace 'Jueteng' with a legal game called 'Bingo' was thwarted by political rivals, further deepening the crisis.

Singson went public with his allegations, claiming that attempts were made on his life, prompting him to reveal the corruption.

Estrada was accused of withholding tobacco taxes meant for Singson's province, implicating him in further corruption.

The scandal led to a wave of moral indignation in the deeply Catholic Philippines, affecting Estrada's moral authority to rule.

Gloria Macapagal-Arroyo, a potential successor and opposition leader, emerged to lead the campaign for Estrada's resignation.

Perfecto Yasay, former Securities and Exchange Commission chief, accused Estrada of interfering in an insider trading investigation.

Estrada's accumulation of wealth through questionable means was investigated, raising further doubts about his integrity.

Estrada's response to the allegations was to deny them and frame the accusations as a class war against the elite.

The impeachment process was initiated against Estrada, with the Senate deciding to hold hearings on the corruption charges.

Yolanda Ricaforte, claimed to have kept the books for Estrada's ill-gotten gains, appeared in a Senate hearing amidst safety concerns.

The economic impact of the crisis was evident in the plummeting stock market and the weakening peso, reflecting a loss of confidence in the country's leadership.

Transcripts

play00:00

a politician with a populist touch

play00:09

Joseph Estrada was swept to the

play00:11

presidency by impoverished millions who

play00:14

saw him as their champion

play00:16

[Applause]

play00:22

[Music]

play00:26

as a swashbuckling former movie star

play00:29

Estrada's disarmingly honest about his

play00:32

hard drinking and many mistresses flaws

play00:35

he celebrates even today by

play00:38

congratulating these teenage singers for

play00:40

being as sexy as the starlets he once

play00:43

dated but they're solid thanks belies a

play00:49

president in deep trouble Estrada is now

play00:52

the center of the deepest political

play00:55

crisis to hit the Philippines since the

play00:57

downfall of Marcos if the claims in this

play01:04

scandal are true he's a man whose greed

play01:07

drove him to steal millions from people

play01:10

who live on as little as a dollar a day

play01:13

[Applause]

play01:16

scandal that's forcing him to spend

play01:18

hours pleading his innocence before the

play01:21

rehearsed cheers of busting crowds right

play01:29

from the start

play01:30

Joseph Australia's presidency has been

play01:32

dogged by concerns over his connections

play01:34

to cronies underworld figures and a

play01:37

flamboyant lifestyle Estrada defends his

play01:40

womanizing drinking and gambling by

play01:42

saying his life is an open book with

play01:44

nothing to hide but that lifestyle has

play01:47

now caught up with Estrada and threatens

play01:49

not only his presidency but also

play01:51

confidence in the economic future of his

play01:54

country in u.s. Cavett singsong is the

play02:01

crime world insider whose whistleblowing

play02:04

threatens to bring down a president so

play02:08

I'm just telling you how they make money

play02:09

how corrupt this government is how

play02:12

corrupt mr. Flurry's starting life as a

play02:19

licensed embalmer

play02:20

singsong is a politician a provincial

play02:22

governor who is also a crime boss

play02:25

constantly surrounded by bodyguards he's

play02:28

a gangster whose reputation for violence

play02:30

has created a vast underworld Empire and

play02:33

control of illegal gambling Singh sign

play02:37

is what we call in the Philippines a

play02:40

warlord that means he's a local boss he

play02:42

has goons he has guns and he controls

play02:44

the economic and political power in his

play02:47

province up in the north of the country

play02:49

he is a man who's who's used to

play02:53

fistfights you know he's he's been

play02:55

accused of killing his political enemies

play02:57

he's political enemies have tried to

play03:00

kill him not once but several times his

play03:02

Al Pacino yeah in the Philippine context

play03:06

these dealers

play03:08

but unlike al pacino singsong has broken

play03:12

the gangsters golden rule and grasped on

play03:15

his biggest patron what did you use to

play03:17

use this money by Milian I've been you

play03:22

better bargain easily fifty five million

play03:25

person singsong says he personally

play03:28

delivered five million pesos for about

play03:30

100 thousand US dollars in illegal

play03:33

gambling profits to Estrada twice every

play03:36

month at the presidential palace he

play03:40

counted the president debauchery to the

play03:42

present day I surely president by the

play03:44

bundle by bundle here this busy I'll

play03:48

just show this the records are with Yoli

play03:50

okay okay and that was about hammer

play03:54

there was a like five million pesos

play03:55

every 15 days five million person or a

play03:58

total of ten million a man

play04:02

[Music]

play04:11

as bizarre and said as it undoubtedly is

play04:15

the money came from here from the poor

play04:19

streets of the Philippines and the

play04:20

messes Estrada has vowed to protect so

play04:32

desperate is life then so popular

play04:34

gambling that many prefer to bet what

play04:36

little they have in the hope of making

play04:38

just a little bit more

play04:41

[Music]

play04:45

and no game is more popular than the

play04:48

illegal numbers game wetting the game

play04:50

singsong says made the president so much

play04:53

money and it's easy to see how they okay

play05:01

our numbers have been advancing police

play05:03

general roméo Magan toe explains how

play05:06

wedding works players bet a few cents on

play05:09

two out of 37 numbers then collectors

play05:12

take the sheets away to unknown

play05:14

operators and then 2525 loss

play05:20

gamblers are later told if they win or

play05:23

lose it's a blatant scam and although

play05:26

the small amounts hardly seem worth it

play05:28

with millions betting up to three times

play05:30

a day the total amounts soon add up for

play05:33

the gambling lords and if singsong is to

play05:35

be believed their protector the

play05:38

president why did they have to give it

play05:40

to the president though what did he

play05:41

promise them in return protection

play05:44

protection no no there are nobodies I

play05:47

mean it's a big tolerated nation so that

play05:52

will in what that there will be no there

play05:54

would be no police raid yeah an Army

play05:56

Ranger huh you would be able to operate

play06:03

but now the police raids have begun most

play06:07

people are engaged in this area kind of

play06:09

birth just as the scandal broke

play06:13

president Estrada ordered a crackdown on

play06:16

illegal gambling which is so far netted

play06:18

only a few small-time operators it's

play06:21

hard to imagine how these minor players

play06:23

could be responsible for what governor

play06:26

singsong says are the huge cash payments

play06:28

that were siphoned up to the president

play06:31

but these men are right at the bottom of

play06:33

the gambling pyramid in the Philippines

play06:35

it's part of the culture and desire our

play06:38

ghonte men

play06:40

two months ago Estrada who is seen on

play06:42

Billboard's around the country

play06:44

denouncing corruption moved to deal

play06:46

another one of his cronies into the game

play06:48

he wanted to replace wedding with a

play06:51

legal game called bingo to ball the

play06:53

trouble was the crony he gave the

play06:55

contract to is one of sing-songs

play06:58

underworld rivals they gave it to my

play07:01

political opponent whom I bit in the

play07:04

last election I gave the bingo table yes

play07:05

it's like adding insult to injury they

play07:08

use me and then they give it was I don't

play07:12

know how they did it but they gave it to

play07:15

my political opponent

play07:21

[Music]

play07:23

singsong says when they tried to have

play07:25

him killed

play07:26

he decided there was nothing more to

play07:27

lose and he went public right away along

play07:35

with the gambling charges singsong

play07:37

claims he helped Estrada hold back 130

play07:40

million pesos about two and a half

play07:43

million u.s. dollars in tobacco taxes

play07:45

that were meant to be paid to sing songs

play07:48

province I requested to release the

play07:50

funds and they requested me to help pay

play07:54

some expenses in the last election you

play07:57

said to him I want the release of a

play07:58

tobacco tax money yeah they said oh sure

play08:01

sure Olivia but can you help said of

play08:04

course if Polly said no he might not

play08:06

release the funds why should we believe

play08:08

that you delivered money to the

play08:10

president when he denies it I you know I

play08:12

know hidden agenda I'm everything to

play08:15

lose why should I go public and why

play08:18

should I not accept the opportu

play08:20

I can ask them to sit down in a lie

play08:23

detector they don't want so that alone

play08:26

and they're already lying all of them

play08:28

are lying already in the deeply Catholic

play08:37

Philippines sing-songs claims have

play08:40

caused a wave of moral indignation

play08:46

search leaders say Estrada has lost the

play08:49

moral authority to rule the scandal has

play08:52

forced back onto the public stage the

play08:55

people power heroes who Elstad Marcos

play08:58

former President Corazon Aquino 'he's

play09:01

new campaign has one aim I think this is

play09:05

my duty

play09:06

to lead in this peaceful protest what's

play09:10

the aim if we can put it in a nutshell

play09:11

of your campaign at the moment well as I

play09:14

have mentioned before I hope that the

play09:17

president will make the supreme

play09:20

self-sacrifice and consider resignation

play09:25

if there's a Cory Aquino equivalent

play09:28

today it's this woman

play09:31

[Music]

play09:33

gloria macapagal-arroyo the daughter of

play09:37

a former president is an economist whose

play09:39

us training included time as a classmate

play09:42

of Bill Clinton as an opposition party

play09:45

vice president she resigned two weeks

play09:47

ago from Australia's cabinet the

play09:50

magnitude of the corruption depicted by

play09:53

governor Singh son was really

play09:55

mind-boggling and and really violated

play10:00

the sensitivities of you know of any any

play10:03

ordinary person who cares about about a

play10:07

minimum degree any minimum degree of

play10:09

integrity but Arroyo is an ambitious

play10:16

politician who can smell her victory in

play10:19

Estrada's defeat as vice president she's

play10:23

ready to take over if Estrada resigns an

play10:26

outcome she's now actively seeking by

play10:29

leading the loose coalition of

play10:31

opposition groups clamoring for his

play10:33

departure many people have said to me in

play10:39

the past few days that in fact the

play10:41

campaign of opposition the public

play10:42

campaign against him will not win

play10:45

because it doesn't have a leader it

play10:48

didn't but I have been called upon to

play10:51

lean so here I am her first job is to

play10:57

unify the opposition and at a meeting to

play11:00

form an alternative government she's

play11:02

joined on stage by a heavy hitter with

play11:05

yet another anti Estrada bombshell and

play11:09

former Securities and Exchange

play11:11

Commission chief perfecto yes I says

play11:14

Estrada called him four times to fix an

play11:16

insider trading investigation into one

play11:19

of his cronies Dante 10 he calls me back

play11:22

after talking to the press of the

play11:23

Philippine Stock Exchange he tells me

play11:26

again you have to clear down the pan and

play11:28

B W in three days I'm banking on you

play11:32

that's exactly the words of the press

play11:39

yes I refused the presidential direction

play11:42

and resigned the market immediately lost

play11:45

a third of its value the president

play11:49

violated and broke the law by one

play11:52

impinging on the Independence of the SEC

play11:55

which is clearly safeguarded by the law

play11:57

and to giving a direct order to the

play12:02

Chairman to the prejudice of the

play12:05

interests of the government and that's a

play12:08

very serious violation of the anti-graft

play12:11

law previous scandals such as insider

play12:15

manipulation in the stock exchange are

play12:17

difficult to understand but this one is

play12:19

very easy to understand the president

play12:21

gets a cut from illegal gambling money

play12:23

and and so it is and the fact that the

play12:27

allegations are being made by an insider

play12:29

someone who has an intimate knowledge of

play12:31

the workings of the presidential palace

play12:33

someone who has admitted to all night

play12:36

mahjong and drinking parties with the

play12:37

president lends discharges credibility

play12:43

to find out why Estrada might want the

play12:46

cash you only have to travel to the

play12:48

tree-lined avenues of manila's most

play12:51

salubrious suburbs

play12:58

and as we found filming these houses is

play13:01

not welcomed the reason H of Estrada's

play13:04

six known mistresses lives in one he

play13:12

managed to convince people that yeah

play13:14

you're right why are we making so much

play13:15

fuss about a man who s God knows seven

play13:18

wives because he says no one is

play13:20

complaining none of my wives are why

play13:22

should you complain he used to make

play13:23

jokes like that and we found it funny

play13:25

and we let him get away with it but

play13:27

suddenly now we're going back to the

play13:30

real issue here which is the issue of

play13:31

character whether this man is the

play13:33

character to govern a country

play13:34

Sheila Coronel investigated Estrada's

play13:37

wealth she found that in the 28 months

play13:41

since becoming president Estrada has

play13:43

used a network of associates to

play13:46

accumulate property worth 20 million

play13:49

u.s. dollars the key anomaly seems to be

play13:53

the accumulation of so much corporate

play13:54

wealth and so much land and houses

play13:57

cannot be legitimately explained by what

play13:59

the president declares as his income and

play14:02

we don't know of any legitimate business

play14:04

that the president has been engaged in

play14:06

that can explain how accumulated that

play14:09

much money Estrada's made no secret of

play14:12

his profit ways and shady mates gambling

play14:15

with cronies as seen in this 1996 casino

play14:19

tape includes regular million dollar

play14:21

mahjong sessions but unable to ignore

play14:24

the growing gravity of the claims

play14:26

against him Estrada had to act we must

play14:30

uphold the spirit of the Constitution

play14:32

and the process it provides he agreed to

play14:37

open his property ownership to

play14:38

investigation remove family from

play14:41

directorships and scrapped a few tainted

play14:43

deals but that's as far as he'd go a

play14:46

duly elected president cannot abandon

play14:50

the people's will on the mere basis of

play14:53

what is obviously a politically

play14:56

motivated hatchet job what needs to be

play15:00

but too many that's just missing the

play15:02

point the initiation of impeachment your

play15:06

committees know is a function of the

play15:08

house

play15:08

you know the Senate has now decided it

play15:11

will hold an impeachment hearing if

play15:13

found guilty the president would be

play15:15

sacked and could face criminal

play15:16

proceedings Estrada has a Senate

play15:19

majority but in a Senate committee

play15:21

investigating the case even witnesses

play15:23

for Estrada deliver evidence against him

play15:35

driven to tears and into a wheelchair by

play15:38

the case

play15:38

Yolanda Rica forte is the woman singsong

play15:41

claims kept the books for Australia's

play15:44

ill-gotten gambling gains after being

play15:47

subpoenaed to appear

play15:49

Ricca Forte supposedly suffered a

play15:51

life-threatening attack of high blood

play15:53

pressure and fears for her safety

play15:55

I was merciful afraid of my family and

play16:00

myself because I know that governor CSUN

play16:04

is a far powerful man

play16:05

Ricca Forte admits she did give 200

play16:09

million pesos of sing-songs money to

play16:12

president Estrada's lawyer but says she

play16:14

didn't know where the money came from

play16:20

[Music]

play16:21

the only man with all the answers says

play16:24

he will answer all the charges when he

play16:27

decides it's the appropriate time

play16:29

denying all charges he instead says this

play16:33

is a class war between his working class

play16:36

battlers and the traditional elite very

play16:39

serious allegation sir very serious

play16:41

allegations of your corruption will you

play16:43

resign good money

play16:52

people do believe him don't they it's a

play16:55

bit of a problem for you how can you

play16:56

believe a confessed cream you know

play17:08

buffeted but unbowed Estrada refuses to

play17:12

acknowledge the wider problem he's

play17:14

creating the stock market is in freefall

play17:16

the peso at record lows the Philippines

play17:20

economy is being crippled by a crisis of

play17:23

confidence to stem the tide his would-be

play17:28

successors are taking off the gloves the

play17:32

scandals are getting more the outfit is

play17:34

getting more the proof is getting

play17:36

stronger the magnitudes are getting

play17:38

bigger so well well I would not say that

play17:45

that I can say that I am convinced me

play17:48

and doubtless I want to give him the

play17:50

benefit of the doubt the tendency is to

play17:52

is to believe because there are so many

play17:55

so much there's so much corroborating

play17:58

consideration

play18:00

[Applause]

play18:07

Estrada claims the nation's messes are

play18:10

still with him but the whole mess is

play18:12

orchestrated by the elite to oust the

play18:15

people's man from power but if the

play18:24

claims prove true the people may demand

play18:27

more than just a dignified resignation

play18:30

from the actor they trusted with their

play18:32

future

play18:33

[Music]

play18:40

you

Rate This

5.0 / 5 (0 votes)

Связанные теги
Philippine PoliticsCorruption ScandalPopulist PresidentEstrada CrisisIllegal GamblingInsider TradingPolitical CrisisEconomic ImpactMoral IndignationLeadership Challenge
Вам нужно краткое изложение на английском?