No stink in Century Park deal
At first glance, the graft charges filed recently before the Office of the Ombudsman against Manila Mayor Alfredo Lim, Vice Mayor Isko Moreno as well as several other City Hall officials for the alleged questionable sale of the Century Park Hotel for a cool P1 billion to mega-tycoon Lucio Tan appear to be quite serious, since reclusion perpetua or life imprisonment is the prescribed punishment in the Revised Penal Code for those who may be found guilty of the crime of plunder (for amounts in excess of P50 million). According to the information, the impleaded officials had violated the law by selling the hotel and the 4.5-hectare property on which it stands for a measly P1 billion when it could have easily gone for P3 billion, meaning the city government had been shortchanged. The city councilors were included in the complaint for approving a resolution which allowed the Mayor’s Office to sell the disputed property to Maranaw Hotels and Restaurant Corp. owned by Tan.... MORE Source: The Daily Tribune ALTERNATE URL: http://www.tribune.net.ph/commentary/20100307com4.html |
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29. Alam n'yo kaya na ngayon ang ika-115 na pagdiriwang ng pinakaunang
labanan ng Himagsikan bago pa man ang pangkalahataang pag-aaklas? Ngayon
unang lum...
13 years ago
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