From ABS-CBN, Agence France-Presse:
President Benigno Aquino III said Thursday he had splashed out on a luxury Porsche sportscar, sparking criticism in a country where a third of the population live on less than a dollar a day.
“It appeared to be out of character. He had campaigned against luxury cars and here he is buying a Porsche,” Milo Tanchuling, secretary general of the activist group Freedom from Debt Coalition, told AFP.
Aquino doth protest too much on Porsche?
by Jocelyn Montemayor
Malaya
President Aquino yesterday said there is nothing wrong if he bought a 2007 model white Porsche at a cost of P4.5 million late last year which he said was his own money.Aquino, in a chance interview after the oath-taking ceremony of the Liga ng mga Barangay members at the SMX Convention Center, said he is only enjoying and spending his money the way he wants it.
“There is a danger that it will be viewed by many as a sign of extravagance and an unnecessary flaunting of wealth amid massive poverty.”