House probe sought on FLI-City lot deal

PRE-NEED PLAN HOLDERS. Senator Mar Roxas speaks to different plan holders and pre-need victims of the Legacy Group of Companies at the Cebu Normal University to stress out the need to recover their investments and deposits. Roxas leads the Senate inquiry into the alleged bank fraud committed by Legacy owner Celso de los Angeles. Cebu Gold Star Daily photo by Sammy Yncierto
PRE-NEED PLAN HOLDERS. Senator Mar Roxas speaks to different plan holders and pre-need victims of the Legacy Group of Companies at the Cebu Normal University to stress out the need to recover their investments and deposits. Roxas leads the Senate inquiry into the alleged bank fraud committed by Legacy owner Celso de los Angeles. Cebu Gold Star Daily photo by Sammy Yncierto

By CHRISTIAN WAKEFIELD
Reporter

THE proposed House inquiry on the controversial transaction between the Cebu City Government and the Filinvest Land Incorporated (FLI) over 10 hectares of lot at the South Road Properties is getting support from Cebuano congressmen.

Cebu third district Rep. Pablo John Garcia yesterday said he has been receiving messages of support from fellow Cebuano congressmen on his proposal to launch a congressional inquiry on the controversial City–FLI land deal.

“Without my asking them, they (Cebu congressmen) voluntarily showed their support and said they are ready to sign the resolution,” said Garcia, although he did not mention the names of the congressmen pending the actual signing of the resolution.

The result of the congressional inquiry, Garcia said, will clarify deals between local governments and private sectors so that future investors will be guided on what can be done and what should be done at the risk of criminal liability.

“We need the inquiry so that investors will avoid same track with FLI if the transaction would turn out questionable,” said Garcia.

Garcia said he is “very interested to know” the joint venture
agreement between Cebu City and FLI because “there are points in the proposal that are highly questionable, he said.

“It’s a venue to look at existing laws and loopholes, to check if deal passes the standard of the law,” said Garcia.

With the expression of support from fellow Cebuano congressmen, Garcia said the prospect of such an inquiry is becoming brighter.

Earlier, Cebu Governor Gwen Garcia ordered Provincial Planning and Development Officer Adolfo Quiroga to go to the City Hall and get a copy of the signed agreement, which includes all attachments and documents entered into by the city government and FLI providing for an unincorporated joint venture for a 20-year period of over 50.6 hectares of the SRP.

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