The
Philippine Dispute Resolution Center (PRCI) ordered the Bases Conversion
Development Authority (BCDA) to return to CJHDEVCO the total amount of P1,421,096,052.00
representing the rental payment made by the developer based on the lease
agreement. The Baguio RTC issued last April 14, 2015 a writ of execution to
implement the PDRCI decision to shell out P1.42 billion in exchange for
CJHDEVCO to move out from Camp John Hay.
The
PCRCI ordered the developer to vacate the place so that the government can take
over. BCDA will be the operator to all the establishments built at Camp John
Hay. BCDA’s dilemma is their request for demand payment of about P3.3 billion
from the developer had been declared null and void by the court. The PDRCI affirmed
that they can’t collect money from the developer because of violations of BCDA
in their memorandum of agreement (MOA). The writ of execution’s cover letter
was a 30-day “Notice to Vacate” for CJHDEVCO and ordered BCDA to return P1.42
billion in rentals paid.
This was
welcome news to CJHDEVCO Robert Sobrepena who had mixed emotions. He was sad
because their company needs to vacate Camp John Hay in the near future. But was
happy also at the same time because he proved to the public that the
accusations of BCDA that his company don’t own any debts. He made sure that
they will cooperate with the government and that all their actions will be
under the rule of law. Further, he said that BCDA should respect the rights and
interest of locators, sub-leases and buyers who gained properties in Camp John
Hay because they were all acquired legally.
Pundits
expect BCDA Arnel Paciano Casanova to deposit the money in escrow with the RTC
in Baguio. All refunds demanded by persons and companies who bought properties
in Camp John Hay will be taken from this amount.
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