When Marcos left the Bataan Nuclear Power Plant (BNPP) was ready for operation. Cory influenced by the Lopezes decided to shelve the project costing the Philippines about $2 billion and the power crisis of 1990′s.
Then Cory gave Meralco back to the Lopezes for free. The Marcos regime paid the Lopezes for the utilities. This is why Kris Aquino must always have a show.
The same modus operandi was done to PNOC-EDC the government owned geothermal power corporation. By shelving BNPP, the Philippines had to rely on generators. Aboitiz had the exclusive contract to import generators while Wigberto Tanada was the Custom Commissioner. Later Bobby Tanada as blue ribbon chair would refuse to finish the senate investigation of the Plaza Miranda bombing knowing that Ninoy Aquino was behind the bombing of his own party.
Source: http://www.nedmacario.us/2013/03/28/cory-aquino-the-lopezes-betrayed-the-filipinos/