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Senate Report Finds Villar Guilty

A report submitted by the Committee of the Whole in the Senate of the Philippines revealed that presidential aspirant Manny Villar had profited from the C5 extension project.

The committee report stated that there is substantial evidence that Villar is a major stockholder of Adelfa Properties Inc, which owns Golden Haven Memorial Park and Azalea Real Estate Corporation (now Britanny Corporation), and was the proponent of Las Piñas-Parañaque Link Road project and the government's C-5 road extension project.

It said the road projects were made to pass through the properties of the corporations of Villar following a curved, instead of a straight, alignment. It also said that the alignment of the C-5 road extension segment of the Manila-Cavite Toll Expressway Project had to be changed just to accommodate the alignments of the Las Piñas-Parañaque and C-5 extension projects.

Villar's corporations allegedly received road right-of-way compensation and still have unpaid claims. It said the properties of Villar that were acquired were given zonal valuation for different areas, thus increasing the compensation due them.

It also said that Villar failed to avoid a conflict-of-interest situation by not divesting himself of his shareholdings or interest in the mentioned corporations. It added that Villar used his power to satisfy the interest of his corporations.

This findings is supposed to be tackled today by the Senate but there was no quorum since only 10 out of the needed 12 senators were present.

Senate President Juan Ponce Enrile says that there is a deliberate attempt for quorum not to be reached in order for the report not to be tackled.

For the complete report CLICK THIS LINK.

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