SM denies it owns Silverio Compound
More News from Jamie Marie Elona
More News from INQUIRER.net
MANILA, Philippines -In response to reports tagging mall chain SM to the demolition at Silverio Compound in Paranaque City Monday, SM Development Corp. (SMDC) issued a statement Tuesday denying ownership of the disputed property.
SMDC said that it does not own the Silverio Compound, and is not “in any way, involved in the demolition of existing structures in the Silverio Compound,” as well as in the dispersal of the protestors.
“In fact, SMDC was only made aware of what is happening in the Silverio Compound through the news that it received through the various media,” the statement read.
Various militant groups earlier said that the demolition of properties at the Silverio Compound would pave the way for the construction of Henry Sy’s new condominium under SMDC. He also said that the Aquino administration only serves the interest of ruling elites such as Sy.
A 20-year-old resident, identified as Arnel Leonor, was killed and several others, including policemen, were injured after chunks of rocks and molotovs were hurled by angry protestors, prompting members of the Special Weapons and Tactics to open fire.
Get Inquirer updates while on the go, add us on these apps:
Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of INQUIRER.net. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City,Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94