HCPTIHarbour Centre Port Terminal, Inc
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In a two-page resolution, the appeals court ordered Jerome Canlas of HCPTI to comment on the petition of former company cashier Felicia Aquino to stop the serving of the arrest warrant issued by Manila Regional Trial Court Judge Cicero Jurado.
According to the Ombudsman's resolution, the SBMA entered into a joint-venture agreement (JVA) with HCPTI for the development, operation and management of the SBMA's Naval Supply Depot and the ports in Boton, Alava, Rivera and Bravo.
HCPTI chairman Reghis Romero II said these figures would bring the company's total domestic and foreign cargo volume to 6.5 million metric tons by year-end.
Felicia Aquino, a former cashier of HCPTI, has asked the Court of Appeals to issue a temporary restraining order and void the arrest order issued on them by Judge Cicero Jurado Jr.
Jerome Canlas, HCPTI corporate secretary, had sued the lawmaker for allegedly issuing checks to fictitious payees in April 2007.
In his five-page complaint affidavit dated October 19, the group said HCPTI's warehouse is being used illegally to store imported rice without written authorization from the NFA.
Note that HCPTI is now under the physical control of the elder Romero, who runs the company through another port operator, Malay Bulk Handling Philippines Inc., according to industry insiders.
For the longest time, we have been receiving information that HCPTI has been keeping tons of NFA rice without accreditation from the NFA," Ellorin said.
Ellorin then called on Senator Cynthia Villar, chair of the Senate committee on agriculture and food, to probe allegations that HCPTI is being used by illegal traders.
The buyer, Port Capital SEA -which has a paid-in capital of only P6.25 million-paid P1.75 billion and assumed HCPTI's loan obligations (secured by a mortgage trust indenture between the seller and Asia United Bank trust and investments group) amounting P257 million, bringing the total property deal to more than P2 billion.
There is no final and executory decision issued by any competent court annulling or reversing the existing majority ownership of Harbour Holdings at HCPTI, according to Mikee's camp.
and R-II Holdings Inc., were the majority holders of HCPTI prior to the execution of the deeds of assignment, they had 'clear rights to be protected.'