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November 18-20, 2011
Legacy owner a no show in case arraignment anew TACLOBAN City -- For the sixth time, Celso de los Angeles failed to attend the arraignment of his case in Ormoc City. He was scheduled to be arraigned Wednesday on estafa charges in connection with the Legacy Group mess. However, a Philippine Deposit Insurance Corporation (PDIC) lawyer filed a motion Tuesday to require a doctor from the Philippine General Hospital to examine de los Angeles to confirm the findings of his private doctors. The move also seeks to determine if de los Angeles is fit to travel. He was brought from Tacloban City to Metro Manila last October 1, 2011 after the Regional
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HE Government Service Insurance System (GSIS), in region 10, will provide prescribed template to government agencies to facilitate the implementation of the GSIS-Land Bank of the Philippines (LandBank) partnership.
delos Angeles
Trial Court Branch 12 in Ormoc City granted his motion to travel to Metro Manila to be treated at St. Luke’s Medical Center. The accused was initially only allowed 10 days to stay at St. Luke’s, but an extension up to October 16 was granted. There is no date yet for his next planned arraignment.
IN THE MATTER OF THE PETITION FOR GUARDIANSHIP OVER THE PERSON AND PROPERTY OF JULIA PEPITO CABAHUG
SPL PROC. NO.249-07-2011
ALEX CABAHUG-HORTEL, Petitioner. X---------------------------------------------------/ ORDER A verified petition for guardianship over the person and property of JULIA PEPITO CABAHUG was filed before this Court on November 8, 2011 by the herein petitioner praying among others that after due proceeding anyone of the concerned relatives of JULIA PEPITO CABAHUG, including but not limited to, NERIO PEPITO or EMIE MAQUILAN-VICOY be appointed as GUARDIAN of the person and properties of the said JULIA PEPITO CABAHUG, and that corresponding letters of guardian be issued guardian’s favor. Petitioner alleges that he is of legal age, Filipina citizen, with address at c/o Tiburcio Pepito, Crossing Tubod, Lanao del Norte. JULIA PEPITO CABAHUG, over whose person and property guardianship is hereby being prayed, is also a Filipino and a resident of Pualas, Tubod Lanao del Norte. Said JULIA PEPITO CABAHUG, is already of advanced age, about 93 years old, and by reason thereof has since become incompetent to attend to her needs and to administer her properties. As such incompetence, she now become an easy prey for deceit and exploitation. Said JULIA PEPITO CABAHUG is known to have considerable properties in her name consisting of a residential lot in Pualas, Tubod ,Lanao del Norte and a number of agricultural lotslocated in Taden, Pualas, Patudan Sto Niño and other barangays of Tubod Lanao del Norte. The annual income of these properties cannot be less than FIVE HUNDRED THOUSAND PESOS [ P500.000.00]. There is also a sari-sari store operated in the very residence of the said JULIA PEPITO CABAHUG. Needless to state, that the said store is also generating income for her. She has also other properties in her name, located in Cebu including those she owned in common with her siblings. For sometimes, she has been in the custody of MAXIMIANA C. DAYLE who is now staying with her at her residence. Said MAXIMIANA C. DAYLE, while initially hired as a mere household help, appears now to be lording it over the properties of JULIA PEPITO CABAHUG, and their respectives incomes. With JULIA PEPITO CABAHUG being now incompetent, the only way to subject the incomes of her property to a fair accounting is through the instant petition. It appears that a property located in Cebu which should have been co-owned by JULIA PEPITO CABAHUG with her siblings and/ or their respctives heirs has since been sold. The proceeds of this sale, and other similar sales, should also be subjected to proper accounting. What really prompted the filing of this petition is the fact that at least one parcel of land, consisting of some 15,798 square meters, which was owned by JULIA PEPITO CABAHUG, is now surprisingly registered in the name of her custodian, really household help, Maximiana C. Dayle, it further appears that even the Rice and Corn Mill in Pualas, Tubod, Lanao del Norte, which is commonly known to be owned by JULIA PEPITO CABAHUG, is now surprisingly owned by her custodian, household help MAXIMIANA C. DAYLE. Another property, 891 square meters in area located in Pualas, Tubod, Lanao del Norte, probably the one where the house and sari-sari store of JULIA PEPITO CABAHUG is located and the same where and her custodian, Maximiana C. Dayle are residing, has now been registered in the name of her custodian , really household help, Maximiana C. Dayle. The instant petition does not intend to question howsoever JULIA PEPITO CABAHUG may have wanted to dispose of her properties upon her death, it at all she has planned about this when she was still of sound and disposing mind. The petition is merely intended to ensure that her properties, including the proceeds or fruits of the same, are not squandered while she is still alive. The value of JULIA PEPITO CABAHUG’s properties is estimated to be worth P800.000.00 more or less. Among the immediate relatives of JULIA PEPITO CABAHUG are her nephews and nieces who are children of her own siblings. Including the herein petitioner, who is the son of Julia Cabahug’s sister, Toribia Cabahug Hortel. Other relatives include the herein petitioner, NERIO PEPITO AQUIPO of Pualas, Tubod, Lanao del Norte, and many more who are Julia Pepito Cabahug’s relatives within the 5th degree of consanguinity . NERIO PEPITO and EMIE MAQUILAN-VICOY are practically still working on the properties of Juli Pepito Cabahug. It is prayed that anyone among the relatives of JULIA PEPITO CABAHUG be appointed as GUARDIAN provided they comply with the mandate of the lawand/or rules on the matter, including the regular inventory and accounting of the estate of the ward as well as the frugal management thereof. Earnest efforts were really exerted to avoid bringing this matter to Court; but to no avail. Set the initial hearing of the case to January 23, 2012 at 8:30 in the morning before the sala of this Court. NOTICE is hereby given to any relatives of the said WARD listed in the petition and all persons opposed to the petition may come to court on said date and time to show cause why said petitioner should not be granted. Petitioner is hereby directed to publish copy of this Order to BUSINESSWEEK MINDANAO, A newspaper of general circulation for three [3] consecutive weeks, at his expense. The Sheriff of this Court is hereby directed to post copy of this [3] days before the scheduled hearing.
BWM Nov. 18, 25 & Dec 2, 2011
This was announced during the GSIS Consultative Meeting with Government Agencies held at the Multi-Purpose Hall of GSIS Regional Office Building in Carmen, this city, on Nov. 15. Ma. Luz Ilano-Briones, GSIS Regional Manager, explained that the fastest way to entice active members to request the transfer of their UMID account from Union Bank to LandBank is through the assistance of their agency heads. “Thus, instead of requiring members to accomplish
or submit their individual request form, we will be providing prescribed template to government agencies where the names and other information about the members in those agencies are inputted,” she said. The GSIS will provide the agency with a soft copy of the template, in rewriteable Compact Disk (CD), containing the names and other required information which can be extracted from the billing file. Likewise, the agency head or his representative will validate the accuracy
MINDANAO
of entries in the template, and in cases of errors and discrepancies, should coordinate with GSIS for the correction or updating of the template, she added. The validated template will then be submitted to GSIS to be supported by a memorandum, signed by the Agency Head, and containing a statement requesting the transfer of the agency employees’ Unified Membership Identification (UMID) bank accounts from Union Bank to LandBank, the number of employees covered by the request, and the name of LandBank Branch where the employees’ UMID bank accounts shall be maintained. The GSIS has partnered with LandBank to allow its more than 1.4 million members to take advantage of the bank’s wide network
coverage. With a LandBank UMID card, members can withdraw their loan proceeds and other benefits in any Expressnet, Bancnet or Megalink Automated Teller Machines (ATM), nationwide. It also serve as a debit card in more than 20,000 accredited merchants, nationwide, and as a discount card for GSIS corporate partners such as Pfizer and Systems Technology Institute (STI). The card is free with no maintaining balance required for members transferring to Landbank. Meanwhile, Briones reminded the agency heads and their representatives that the validated templates must be submitted to the GSIS Regional Office before November 30, 2011. (pia-10)
Pag-IBIG Fund to manage GSIS housing-loan program HE Government Service Insurance System finally acknowledged that its housing loan program could be better managed by professionals and set aside P5 billion of its resources to finance the housing loan requirements of its members through another stateowned agency specializing in home loans. GSIS President and General Manager Robert Vergara said on Monday he recently signed an agreement with the Home Mutual Development Fund, popularly known as Pag-IBIG, under which the housing loans of its members will be processed from now on. Vergara acknowledged
that more than half of its housing loan portfolio involving more or less 16,000 units have either been foreclosed or canceled. He also acknowledged that its in-house housingloan program has proven inefficient, the agency having extended in 2010 only P600 million worth of housing loans to more or less 500 GSIS members versus housing loans disbursed by Pag-IBIG worth some P5.5 billion to over 11,000 state workers that year. Vergara said this was 10 times more housing loans than the GSIS processed during the period and benefited 20 times more
Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Cagayan de Oro City Branch 22 OFFICE OF THE PROVINCIAL SHERIFF SHERIFF’S NOTICE OF SALE File No. 2011-491 Upon Extra-Judicial petition for sale under Act 3135 as amended filed by HOME DEVELOPMENT MUTUAL FUND or PAG-IBIG FUND, mortgagee, with office address at Pag-ibig Building, J.R. Borja St. Cagayan de Oro City, against JOSEPH T. DIOSAY, single, mortgagor/s, of legal age, Filipino/s with postal address at Block 18 Lot 64 Vamenta Estate Subdivision, Bara Opol, Misamis Oriental to satisfy the mortgaged indebtedness which was as of August5, 2011 amounts to ONE HUNDRED FORTY TWO THOUSAND TWO HUNDRED FIFTY FOUR PESOS AND 61/100 [P 142,254.61] Philippine Currency excluding interest, penalty charges, attorney’s fees and expenses of foreclosure, the undersigned sheriff will sell at public auction on January 9, 2012, at 9:00 o clock in the morning or soon thereafter at the RTC Branch 22 office, Arch Hayes St. ,Cagayan de Oro City, to the highest bidder, for CASH and in Philippine Currency, the herein described property and all improvements thereon to wit: TRANSFER CERTIFICATE OF TITLE NO. T- 18000 A PARCEL OF LAND [Lot 64, Block 18, of the subd. plan, Psd- 10-022684, being portion of Lot 5239-A-2, psd- 104321020152], situated in the Barangay of Barra, Municipality of Opol, Province of Misamis Oriental, Island of Mindanao, Containing an area of FIFTY [50] SQUARE METERS more or less. Prospective buyers/bidders may investigate for themselves the title of the herein described property and encumbrances thereon, if any there be. All sealed bids must be submitted to the undersigned on the above stated time and date. In the event the public auction should not take place on the said date, it shall be on the next working day without further notice. Cagayan de Oro City, November 8, 2011. FOR THE PROVINCIAL EX-OFFICIO SHERIFF
(Sgd.) ALAN L. FLORES Presiding Judges
BusinessWeek
GSIS starts implementation of partnership with LandBank By APIPA BAGUMBARAN, Contributor’
Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12th Judicial Region BRANCH 07 Tubod Lanao del sur
So ORDERED Tubod, Lanao del Norte November 14, 2011
Banking/Finance
(Sgd.) JOEL LYDVEL G. PAKINO SHERIFF IV
BWM Nov. 18, 25 & Dec 2, 2011
government employees than the GSIS managed to service. “It has been a difficult decision for us to stop direct home lending for our members but we are, above all, obligated to them to ensure that their contributions are managed
prudently for their greater benefit,” Vergara said. “We want to synchronize our efforts in the implementation of the government housing program and to avoid duplication with so-called key shelter agencies, or KSA functions,” Vergara added.
Ports..
The government signed in February 2009 an P11.78billion modular port with Eiffel-Matiere SAS Consortium contract for the fabrication, supply and delivery of various modular Roro ports components that will create 72 new ports. The project was signed by the Department of Transportation and Communications with the approval of the Department of Finance. The PPA, meanwhile, was in charge of the implementation of the project. In March, the DOTC recommended for the cancellation of the project, but the proponents said the Philippine government needs to pay half of the price since many of the materials have already been fabricated and parts of which have already arrived in the country. The Office of the President still has to decide on the contract but the DOTC has already requested to delay the shipment of the port components. Sta. Ana said that the French modular steel port technology measuring about 3.5 meters by 25 meters is not suitable for the Philippine setting. “We are always after the sea level and we can competently handle any Roro ports project at a much lower price using locally available materials suitable to each specific port site and to the kind of sea condition in the Philippines,” he said, adding that the project may not be necessarily overpriced but it was a costly technology for a developing country like the Philippines.
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islands and road networks,” Santos said during his presentation at the Philippine International Maritime Conference. Santos did not identify which of the ports that the agency will develop from the ground up, but said most of these are located in the Visayas and Mindanao or Southern Luzon connecting to the Visayas. The cost of building six new ports is undetermined at this time, as this will depend largely on where the ports will be located, said Santos. During the previous government, the PPA has embarked on the establishment of dozens of Roro ports, or those that can accept vessels that carry cargoes loaded in trucks. The Aquino administration, however, said that the ports constructed were more than enough and some of them do not have enough volume to operate. The PPA operates around 150 ports in the country, but most of its facilities are losing money due to low traffic. Of the new ports constructed during the previous administration, about 40 facilities, or about 44 percent, do not have enough traffic of both passengers and cargo. PPA general manager Juan Sta. Ana said earlier that if the government add another 72 more, for the modular ports program, the Aquino administration will be wasting money as no one will use these facilities.