Tinamaan ng LINTIK na ITIK [part 3]
Posted on March 19th, 2010 by admin
Atty Ernesto Francisco, Jr, lawyer of Senator Ma. Ana Consuelo Jamby Madrigal, presented a summary of evidence during the preliminary inquiry on the ethics complaint filed by Sen. Madrigal against Corruption King Manny Villar.
Sen. Madrigal filed an ethics complaint for double-entry in the appropriation of budgets for road projects in areas near real estate properties associated with Villar. On Oct. 8 last year, Madrigal sought to elevate the complaint against Villar to the Committee on Ethics and Privileges, before which she accused the former Senate president of unconstitutional and unethical conduct highly unbecoming of a member of the Senate.
Villar requested the realignment of the C-5 road project linking the Coastal Road and the South Luzon Expressway. A substantial portion of the longer, realigned road—from Sucat to Quirino Ave.—is owned by the companies of the Villar family.
Atty. Francisco told senators during the hearing that the original road, which is 6.3 kilometers long, costs P2.678 billion in total. The realigned 9.7 km road, excluding the portion from Sucat road to Coastal road, has an estimated cost of P6.9 billion. Francisco said that based on the Department of Public Works and Highways (DPWH) estimates, the Las Piñas-Parañaque link road costs P700 million. An additional P400 million was the estimated cost of the link from Las Piñas to the Coastal road, the lawyer added.
Out of the 39 properties that were affected by the road link project, 16 properties were owned by Golden Haven Memorial Park and Adelfa properties, both of which are owned by the Villar family. DPWH and the Department of Budget and Management reported that Sen. Villar allegedly collected P136,774,777.00. Francisco said El Shaddai leader Mike Velarde was the biggest beneficiary in the original road construction plan. Of the P1.8 billion to be spent by the government, P1.2 billion has been paid to Amvel Land Development Corporation, Velardes real estate company. ###
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Links for Each Part of this 7 Part Presentation:
Part 1: http://www.youtube.com/watch?v=_BhVFJDVh2w
Part 2: http://www.youtube.com/watch?v=5k12L9ng0FQ
Part 3: http://www.youtube.com/watch?v=K2mQwmswRUg
Part 4: http://www.youtube.com/watch?v=u3C80rF59rc
Part 5: http://www.youtube.com/watch?v=bkNbd-NrVX8
Part 6: http://www.youtube.com/watch?v=lxw-l2xdx5g
Part 7: http://www.youtube.com/watch?v=Ba4uNACC2lk
Duration : 0:10:0
Atty Ernesto Francisco, Jr, lawyer of Senator Ma. Ana Consuelo Jamby Madrigal, presented a summary of evidence during the preliminary inquiry on the ethics complaint filed by Sen. Madrigal against Corruption King Manny Villar. 
Atty Ernesto Francisco, Jr, lawyer of Senator Ma. Ana Consuelo Jamby Madrigal, presented a summary of evidence during the preliminary inquiry on the ethics complaint filed by Sen. Madrigal against Corruption King Manny Villar. 
GreekPropertyExchange.com presents a video tutorial on how to use the flash map search tool. Check out the video and then visit the website to test it out.
Aaron Auxier discusses the 2009 Home Value Percentage Map recently released by First American Title Company in the Review Journal. Sadly, according to the map, zip code 89109 was the hardest hit area in town with a 60% depreciation in 2009 (approx. twice as bad as many of the city’s other areas). Aaron explains that the news is disheartening, especially as a new developer is currently trying to close escrow on the contracts of their Las Vegas Strip condo units (which were sold for upwards of $2,000 a square foot during the pre-construction boom). 
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Welcome to your interactive journey through the helpful and knowledgeable world of Century 21 Real Estate. Its a place where experience and expertise intersect with your real estate goals and dreams. Experience the Gold Standard along every step of your personal path home. Whether your a first time buyer or a seasoned veteran, its comforting to know that CENTURY 21 has been helping home buyers and sellers achieve their real estate dreams for over 30 years.
Welcome to your interactive journey through the helpful and knowledgeable world of Century 21 Real Estate. Its a place where experience and expertise intersect with your real estate goals and dreams. Experience the Gold Standard along every step of your personal path home. Whether your a first time buyer or a seasoned veteran, its comforting to know that CENTURY 21 has been helping home buyers and sellers achieve their real estate dreams for over 30 years.
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