John Hay firm hits rap as ‘dirty trick’
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Officials of the Camp John Hay Development Corp. (CJHDevco) have decried what they said was continued harassment and dirty tricks employed by the Bases Conversion and Development Authority (BCDA) against them.
Alfredo Yñiguez, CJHDevCo executive vice president and chief operating officer, in a statement said the malversation case filed by the BCDA were unfounded since they are not officials of a public corporation.
The case stemmed from the demand of the BCDA for CJHDevco to return 16 units of the Camp John Hay Manor Hotel and 10 units of the Camp John Hay Suites Hotel, which have a total value of P121 million, as partial payment for CJHDevCo’s unpaid rent.
“The malversation charges are trumped up since the funds involved are far from being public in character,” said lawyer Manuel Ubarra, vice president for litigation and CJHDevCo spokesperson, in the same statement.
“The real properties involved are also not of public character, and more importantly, are covered by existing lease agreements which are in full force and effect,” Ubarra added.