“SCHUTZENGEL
TELECOM PROJECTED A 22 BILLION PESOS REVENUE IN FIVE YEARS”
The Fallen Angels: Exposing Corruptions or moved
by Greed and Love of Money?
WHAT is “greed”? The
dictionary define “greed” as “intense and selfish desire for something,
especially wealth, power, or food.” According to the Bible, “greed” is improper
for God’s holy people:
Ephesians 5:3 NIV
“But among you
there must not be even a hint of sexual immorality, or of any kind of impurity,
or of greed, because these are improper for God's holy people.”
Regarding the love of money,
this is what the Bible says:
I Timothy 6:10 NIV
“For the love of
money is a root of all kinds of evil. Some people, eager for money, have
wandered from the faith and pierced themselves with many griefs.”
Schutzengel Telecom, the telecom
business established by Angel, Marc, Joy Yuson, Farley de Castro, Lowell Menorca
II and Rovic Canono (the leaders of the expelled members opposing the CHURCH
ADMINISTRATION), projected a 22 Billion pesos revenue in five years (from 210
to 2015):
“MANILA,
Philippines - Newcomer Schutzengel Telecom, Inc. (STI) is earmarking
P4.37 billion in capital expenditure (capex) to put up the
infrastructure for its nationwide broadband network project…
“The company said
it is projected an aggregate income of P9 billion in five years, with an
average EBITDA rate of 60%. IT IS PROJECTING REVENUE TO REACH P22 BILLION
IN FIVE YEARS.
“STI,
which is said to be backed by the religious group Iglesia ni Cristo, expects to
swing into profit on its second year of operations, and earn P1.8 billion,
which will increase to about P3.4 billion in five years.” [“Schutzengel Telecom
earmarks P4.37-B capex” ABS-CBN News, May 20 2010, emphais mine.]
Source: http://news.abs-cbn.com/business/05/20/10/schutzengel-telecom-earmarks-p437-b-
However, as Joy Yuson (one of
the “minions” of Angel and Marc) testified:
"26 times
daw ako nagpunta sa Japan para bumili ng equipment 2 times lang po ito sa buong
buhay ko kasama ang KA ANGEL at KA MARC. Hindi para bumili ng gamit kundi para
makipag-partner ang GEMNET sa mga hapon…
“ANG PLANONG ITO
AY INIHINTO NG SANGGUNIAN…” [Pangalawang Liham ni Joy Yuson, 11 Agosto 2015]
English
translation:
"they say 26
times I went to Japan to buy equipment(s) but only 2 times in my whole life with
KA ANGEL and KA MARC. Not to buy equioments but to negotiate the partnership of
GEMNET with the Japanese…
“THIS PLAN WAS
STOPPED BY THE SANGGUNIAN…”
A PROJECT PROJECTING 22
BILLION PESOS REVENUE IN FIVE YEARS, BUT WAS STOPPED BY THE SANGGUNIAN! Greed
indeed move them to rebel against the Sanggunian and made up stories to malign
the CHURCH ADMINISTRATION, as what the Bible says:
II Peter 2:3 NIV
3In their greed
these teachers will exploit you with stories they have made up. Their
condemnation has long been hanging over them, and their destruction has not
been sleeping.
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