is this the same tlc that was sold just recently and disbanded?


Philippine Daily Inquirer
First Posted 06:06:00 02/29/2008


MANILA, Philippines -- Loida Nicholas Lewis, a Filipino-American
community leader, has joined the clamor to find out the truth behind
the scrapped $329-million broadband deal with China's ZTE Corp.

But Lewis distanced herself from calls for President Gloria Macapagal-
Arroyo to step down, warning that the people might be used by groups
with "vested agenda."

In a statement, Lewis, chair and CEO of investment firm TLC Beatrice
LLC, expressed fears that the controversy hounding the Arroyo
administration might result in "anarchy."

"The unrelenting agitation in the last two years is bringing us to the
brink of anarchy," she said.

"The truth that we seek is clouded by the ensuing intense, emotionally
charged political arena. The Filipino people are being forced into
extremist positions advanced by personal vested agendas," Lewis added.

No other alternative

Her executive assistant, Liza Soriano, said Lewis, who is spearheading
the campaign of US Democratic presidential candidate Hillary Rodham
Clinton in New York, called her up and dictated her statement.

Lewis is a founding member and former national chair of the National
Federation of Filipino-American Associations, considered the largest
advocacy group for Filipino-Americans in the United States. The group
has more than 500 affiliated umbrella organizations.

Soriano, who is in charge of Lewis' affairs in Manila, said the Fil-Am
leader was supporting Ms Arroyo "on the ground that there's no other
alternative."

"GMA (Ms Arroyo) is the best [person] to lead the nation," Soriano
said.

In the statement, Lewis, a lawyer by profession, cited the recent
achievements of the Arroyo administration as shown by economic
indicators. The Philippine economy grew 7.3 percent last year, the
highest in 30 years.

"Consistent growth in the next two years will bring our country to the
threshold of socioeconomic progress," she said. "The poor and the
marginalized will at last feel the tangible benefits of economic
growth.

Seek truth

"We the private sector and civil society call on the Filipino to seek
the truth, to ask for the truth, to walk with the truth. But only in
peaceful collective action can we learn the truth," Lewis said.

After her husband, billionaire Reginald Lewis, died from brain cancer
in 1993, Lewis took over the family business, TLC Beatrice
International Holdings Inc. -- a diverse collection of food makers in
31 countries, from a snack company in Ireland to an ice cream maker in
the Canary Islands. Miko Morelos and Inquirer Research


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