The days when the homeowners of the Philippine Daily Inquirer can get away with doing what they need with nary a squeak from the federal government are numbered.
President Rodrigo Duterte on Thursday (April 27) mentioned he will take care of the Prietos “harshly” to make sure the return of the Creekside/Mile Long property in Makati City they’ve managed for greater than three a long time.
In an interview in Malacañang after the bilateral assembly with Brunei’s Sultan Hassanal Bolkiah, Duterte famous that the Prietos have been getting cash out of the property whereas paying the federal government virtually nothing.
“Number one itong mga Prieto, may-ari ng Inquirer, you can be sure that I will proceed with you harshly. Or return the property of the people which you got for… Magkano binayad niyo? Piso lang siguro. Really,” he mentioned.
Duterte mentioned the revenue from leasing the Mile Long property to tenants needs to be remitted to the national treasury because the Prietos’ lease contract had expired in 2002.
“May kaso diyan sa Ombudsman eh. And I urge the Ombudsman also to fast track the case because it is property owned by the people. By this time the income of that property should be going to the National Treasury. Habol lahat,” he mentioned.
Aside from returning the Mile Long property to the federal government, Duterte mentioned the Inquirer’s homeowners must also pay the federal government the P1.5 billion in taxes they owe over the operations of their Dunkin Donuts’ franchise within the Philippines.
Based on the estimate of former Arroyo-era Cabinet Secretary Rigoberto Tiglao, the Prietos, by their firm Sunvar Real and Development Corporation, have earned P4 billion in earnings from 1980 till 2016 from leasing business area on the 22.9-hectare prime property.
Tiglao mentioned the lease contract for Mile Long was awarded to the Prietos through the Marcos administration.
While the Supreme Court has ordered the Prietos to pay the multibillion-peso dues they owe the federal government for controlling Mile Long past 2002, the household managed to take care of the established order by resorting to authorized technicalities.