MARCOS MARTIAL LAW: MANILA- Sandiganbayan orders transfer to gov’t of properties under Marcos-linked businessman
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The Sandiganbayan has ordered the transfer to the Philippine government several properties listed under a businessman linked to the late dictator Ferdinand Marcos Sr.
In a resolution on Friday, the Sandiganbayan’s 2nd Division directed the cancellation of the titles of the following properties registered in the names of Alfonso Lim and Taggat Industries, Inc. and to issue new ones in the name of the Republic of the Philippines:
- four in Claveria, Cagayan: 8.1 hectares, 6 hectares, 2 hectares, and 0.82 hectare
- two in Angono, Rizal: 4.96 hectares and 56.7 hectares
- one in Laurel, Batanas: 129.15 hectares
The Cagayan properties were named under Taggat Industries, while the Rizal properties and Batangas property were under Lim. But the two properties in Rizal were sold by the provincial government in 2011 due to real estate tax delinquency.
The anti-graft court’s resolution enforces a decision dated December 14, 2015. — BM, GMA News
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MA. ANGELICA GARCIA,GMA News
