Businessman Tony Tiu is the majority stockholder of a corporation - TopicsExpress



          

Businessman Tony Tiu is the majority stockholder of a corporation Sunchamp Agri-Tourism Park. Sunchamp have usufruct agreement with land owner and made a down payment of P11M. Usufruct, is a Civil Law term referring to the right of one individual to use and enjoy the property of another, provided its substance is neither impaired nor altered. No violation as far as the two parties are concerned. The three stooges are looking for legal angle/s that VP Binay is the real owner using a dummy whom they accused Tony Tiu. Sinasalsal ng tatlong itlog ang mga evidence. Sabi nila ang EB down na landmark na nakita sa sunchamp ay ELENITA BINAY. May ibang ibig sabihin pala all about Electrical Base. Pati nga pusa at aso, manok, kambing tinatanong ng tatlong kumag kung sino ang may ari ng lupa. Now, the Dept of Agrarian Reform should realize that the property is developed for agricultural and tourism purposes. So there was no legal violation. The burden of proof that Tiu is only VP Binays dummy should be on the part of the 3 crabs. Tius firm is operating legally under the laws of the Philippines.
Posted on: Thu, 30 Oct 2014 06:40:15 +0000

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