Gibo admits defeat in presidential race

Administration bet Gilberto “Gibo" Teodoro Jr. on Tuesday afternoon joined the ranks of presidential aspirants who conceded defeat to his cousin, Liberal Party’s Sen. Benigno “Noynoy" Aquino III. “Bagama’t hindi pa official, mukhang si Senator Aquino na (Although it’s not yet official, I think Senator Aquino is already the winner in the elections)," Teodoro said during a press briefing at the Lakas-Kampi-CMD headquarters in Greenhills, San Juan. “I am so far happy with the results [of the elections]," he added. Partial elections results showed Teodoro at fourth place behind Aquino, former President Joseph Estrada (Pwersa ng Masang Pilipino) and Sen. Manny Villar Jr. (Nacionalista Party). As of 4:15 p.m., the GMANews.TV partial and unofficial tally on presidential aspirants showed Teodoro with 3,470,136 votes compared to Aquino’s 13,036,271; Estrada’s 8,345,826; and Villar’s 4,680,580. Before Teodoro, Villar, Richard Gordon (Bagumbayan) and JC de los Reyes (Ang Kapatiran) had also admitted their defeat to Aquino, son of the late President Corazon Aquino and slain Sen. Benigno “Ninoy" Aquino Jr. Teodoro, a former lawmaker and Defense secretary, said he has no plans of staying in politics, adding that he would rather return to being a family man. “Malaki ang utang ko sa kanila (I now owed a lot to my family). I will go back to being a good husband, a good father," he said. “I have served my country the best I could. I don't think anyone can ask more of me," he added. He also dismissed calls for him to run for senator in the 2013 midterm elections. Teodoro thanked his supporters whom he said did not support him but his idea of national unity and positivism. He said he is not blaming anybody for his defeat. “I did not fight for a political position for myself but for an idea. What can we do right for the country? Winning or losing is secondary. We fight for an idea—an idea of competence. Basic education reform, college graduate opportunities for every family, food security, genuine sustainable agrarian reform, localized peace processes, strong foreign relations, and several others," he said. He also thanked the media which he said was mostly supportive of him. “Those in front of me, you have been fair. But those not here, I’ll have to reserve my judgment." Teodoro said he has not spoken with President Gloria Macapagal-Arroyo about his plans after the elections. —KBK, GMANews.TV