Planholders up in arms on Lapu-Lapu resthouse of Legacy owner
By CARINE M. ASUTILLA, ABS-CBN News Central Visayas | 02/13/2009 12:58 AM
Legacy planholders and investors have reacted negatively on reports of a huge resthouse that Legacy owner Celso Delos Angeles owns.
The two-storey house is located at Barangay Punta Engaño in Lapu-Lapu City. The resthouse is located atop a cliff near the seashore.
The planholders and investors of Legacy think that their money was used to buy the property.
“Where else did our money go? It should be sold right away so that we can get our money back, or else we will all chop the house down and divide it among ourselves,” said Ben Tero, a planholder.
“I was shocked, he has a house that big and yet he can’t pay us back?” said Belen Allego, an investor who lives a few houses away from Delos Angeles’ rest house, he only knew that they were neighbors when she saw it on TV.
The house and lot was owned previously by a Cebuano businessman. Delos Angeles reportedly bought it from them sometime in 2002. Delos Angeles founded Legacy in 1997.
Elena Talinting said she was the original owner of the lot. She said that the businessman bought it from them in 1980’s. The lot is estimated to be 1,900 square meters.
Aside from the two-storey house which was made of wood with furniture also made out of wood, Delos Angeles also has a speed boat on standby and a swimming pool.
He has three caretakers to maintain the rest house. One caretaker who identified himself only as Jaime said that Delos Angeles seldom visits the house. He said that the Legacy Group owner comes with his family only twice a year at most. But some of Delos Angeles friends, he said, would come by on weekends.
Residents said that they have seen actresses like Maui Taylor and Katya Santos spend overnight stays at the rest house. They also said that Manny Pacquiao also came by at the rest house.
Complaints continue
Planholders of pre-need companies under the Legacy Group of Companies meanwhile continue to file complaints at the Security and Exchange Commission (SEC) in Central Visayas.
SEC has earlier reminded complainants that planholders and investors have different approaches in filing charges against the company.
Contained in SEC Office Order No. 36 issued in January 30 to all SEC extension offices are guidelines approved by the Commission en banc that should be followed in filing complaints against the eleven pre-need companies under the Legacy Group of Companies.
For pre-need planholders, they have to fill up the Pro-Forma Complaint to be provided by the SEC office. There is a separate Pro-Forma Complaint for planholders and for investors.
The planholder should submit a photocopy of Certificate of Full Payment and other supporting documents. SEC said there is no filing fee.
For investors however, aside from filling in the Pro-Forma Complaint intended for the investors, they also have to pay a P510 filing fee.
SEC said that the investors’ complaints will only serve as additional evidence for the charges of violation of Securities Regulation Code to be filed against Legacy. It said that an investor can file a separate civil case for recovery of sum of money and or syndicated estafa, if they want to.
SEC had also said earlier that the filing of complaints will only be until March 31. The complainants are advised to monitor SEC through their website, www.sec.gov.ph. It said complainants with questions can call the head office in Manila at (02) 584-6058 or (02) 584-6337.
as of 02/13/2009 12:58 AM
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