Seoul Legal News (Korea)

Observers of Clark Philippines affairs surprised at Ricafort's eagerness to hang on to top post at Clark Development Corporation, despite recent scandal of fat paychecks, exorbitant allowances and misc income of some p10 Million received in 2009.

In light of Philippines Inquirer's recent expose on fat pay check of CDC President Ricafort, congress starts probe on scandalous emoluments. Philippines Clark Freeport Zone busineses have enjoyed reputation for good business practice until now.

While hardworking Clark Freeport locators struggle to stay afloat in financial crisis, CDC President Benigno Ricafort evidently raked not through legitimate salary but over p12 Millions in other extraordinary and miscellaneous incomes.

RNL warns BioArts for patent infringement as its first patent right exercise