FRIDAY |JANUARY 11, 2008 | PHILIPPINES

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P1B ‘Erap assets’ found
Estrada: ‘They can have it; the owner is Dichaves’

BY PETER TABINGO

MORE than P1 billion in assets suspected to belong to former President Joseph Estrada was found intact at Banco de Oro and is now being eyed for forfeiture.

This was contained in a two-page report of Edgardo Urieta, chief of the Sheriff and Security Services Office, to the Sandiganbayan Special Division.

Attached to the report was a letter of lawyer Gerardo I. Banzon, head of the BDO legal advisory and research department, dated Dec. 14, 2007 confirming that the shares in stocks and trust deposits remain intact.

Full Story...


It was a gas explosion, says
final PNP report on Glorietta

BY RAYMOND AFRICA

A MIXTURE of methane gas and diesel vapor caused the explosion at the Glorietta 2 mall in Makati City last October, a multi-agency investigating task force yesterday said in its final report on the blast.

Fifteen persons, including officers of the Makati fire station, were recommended charged in connection with the explosion that killed 11 persons and injured 108 others.

Ayala Land Inc. (ALI), which owns the Glorietta malls, "will not be charged at the moment unless there is additional evidence gathered," according to Interior Secretary Ronaldo Puno.

 Full Story...


Defects snag NAIA 3 opening anew

BY JAY CHUA

THE soft opening of the Ninoy Aquino International Airport Terminal 3 (NAIA 3) in the first quarter this year will be delayed further due to structural defects caused by an Intensity 4.5 earthquake that hit Luzon last November.

This was the finding of the 20-member House oversight committee on airport management for NAIA Terminal 3 headed by Quezon Rep. Danilo Suarez.

"We’ve seen the cracks. These are low and we’ve seen the flooring na tumaas, yung tumambok yung mga flooring," Suarez said.

Full Story..

 

 

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$1= 40.74
 



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