Maniolas

The Senate Committee on Local Government, chaired by Senator Bongbong Marcos, together with the Committees on Peace Unification and Reconcillation; and Constitutional Amendments and Revision of Codes, will contiunue its inquiry on the proposed Bangsamoro Basic Law. Also present during the BBL hearing is Senator Chiz Escudero. (MNS photo) MANILA (Mabuhay) – Senator Teofisto Guingona III on Wednesday called for revisions in the preamble of the proposed Bangsamoro Basic Law to ensure the protection of minority communities living in areas covered by the planned autonomous region. Guingona said there is a need to ensure the consistency of BBL provisions with the Constitution amend part of the preamble which currently refers to the aspiration of “the Bangsamoro People.” He said this should instead read as “the inhabitants of the Bangsamoro,” a phrase which ensures “inclusiveness” and the “clear and unequivocal protection of the rights of non-muslim Filipinos” in that region. “There are communities of indigenous and non-Muslim peoples in the areas proposed under the Bangsamoro,” he pointed out. “The BBL in its final form must ensure that they are treated equally and that their right to life, liberty and property are respected even if they are a minority,” he said in a press statement. He said this is also the reason why he is proposing the deletion of the third paragraph of the Preamble of the draft BBL which proclaimed the concept of “self-determination.” He believes such word has been “misused” since what is guaranteed by the Constitution is territorial autonomy Read More …

At a press conference in Quezon City on Wednesday, November 5, businessman Antonio ‘Tony’ Tiu becomes emotional as he claims he was being blackmailed by some personalities from the government if he would not cooperate in the Senate investigation on various allegations against Vice President Jejomar Binay. Tiu also criticized Senator Alan Peter Cayetano for being harsh on him during the Senate inquiry into the controversies. Tiu reiterated he is not a dummy of VP Binay as implied by the Senate blue ribbon subcommittee.(MNS photo) MANILA (Mabuhay) – AgriNurture Inc., the company owned by controversial businessman Tony Tiu, said three of its directors and two top executives have resigned. In a disclosure to the stock exchange on Wednesday, the firm said directors James Sayre, Tai Chuan Lin and Edmund Zheng resigned “to pursue other business pursuits.” AgriNurture’s president and chief executive Pablo Capati Jr., and chief financial officer Romeo Bato also submitted their resignations. The company said Capati and Bato resigned “to focus on other professional and personal commitments.” Last year, Tiu was accused of being Vice President Jejomar Binay’s dummy for the so-called “Hacienda Binay” in Rosario, Batangas. Tiu is also facing tax evasion charges and has been penalized by the Security and Exchange Commission related to errors in financial reporting. Trade of shares in Greenergy Holdings, Tiu’s holding company, is currently suspended at the Philippine Stock Exchange as the local stock market also monitors the controversies surrounding Tiu. Tiu has repeatedly denied being a dummy of the Binays. Read More …

If your business is in distress – you owe a lot of money but you can’t pay, your creditors will probably threaten legal action against your business and very likely, you personally as well. How much they can collect, and how they can go about collecting it, will depend on how your business is organized, and whether you personally guaranteed repayment of the obligation. To what extent you are personally liable depends on several factors, the most important being, how your business is structured and whether you personally guaranteed or secured the debt. Sole Proprietors and Partnerships If you are a sole proprietor, you and your business are one and the same in the eyes of the law, which means you are personally responsible for all of the business’s debts. If there isn’t enough money in the business to pay these debts, creditors can take your personal assets to pay them. Partners in a general partnership have similar personal liability for business debts: Each partner is personally liable for the entirety of the business’s debts (and any partner can usually bind the entire partnership to a business deal — a scary combination). This means that if there isn’t enough money in the business to pay the debts, and your partners are broke, creditors can take your personal assets to pay all of the business’s debts, not just your share. Corporations and Limited Liability Companies If your business is organized as a corporation or a limited liability company (LLC), your personal Read More …

Philhealth says its 600 members nationwide may stop honoring Philhealth benefits because of the delayed release of reimbursements for services rendered but assures that all regional offices have made a commitment to pay claims of all providers faster than the 60 days processing time as mandated by law. Photo shows thousands of PhilHealth cards for General Santos beneficiaries taken last September 13, at Lagao gymnasium. Photo: Russell Delvo/Gensan Info Office MANILA (Mabuhay) – The Senate is set to investigate the alleged anomalous and fraudulent claims by accredited hospitals and clinics to the Philippine Health Insurance Corporation (PhilHealth) amounting to P2 billion. Senator Teofisto Guingona III, chairman of the blue ribbon committee, said he heard of disturbing claims that some accredited hospitals and clinics would seek out large volume of PhilHealth members to operate on even if the treatment is unnecessary and may even be dangerous to the patient. “If found true, this is a matter of national concern. It is criminal to misappropriate funds that are actually needed by other patients. But to endanger the lives of Filipinos as a means to eat through PhilHealth’s funds is beyond deplorable,” he said Tuesday. PhilHealth officials earlier raised red flags on some benefit payments to accredited hospitals and clinics around the country amounting to P2 billion, including P325 million worth of ‘highly suspicious’ benefit payments to two eye care centers in Metro Manila. The Department of Health stated that an investigation was prompted after an audit of the year 2014 showed that Read More …