TODAY'S BUSINESS HEADLINES

ICTSI shortlisted for new Melbourne port project bidding

PSEi slides below 7,300-mark as profit-taking continues

OceanaGold marks start of commercial operations at Didipio mine

DOTC again defers bidding for MRT3 maintenance contract

AUB shares up on market debut amid high investor demand

COCKTALES: Carandang doubles as Robredos' media manager

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PNoy spokesman Ricky Carandang has been given a new, extraneous assignment - media handler of the family of the late Interior and Local Government Secretary Jesse Robredo.

According to the grapevine, media requests for interviews of the Robredo family during their darkest hours had to be coursed through and personally approved by Carandang, which was understandable since Malacanang itself oversaw the search operations and eventually the state funeral arrangements for the late Cabinet member.

But the media supervision was apparently still effective even after the burial, when Carandang himself vetted and then joined the various media interviews of Robredo daughter Aika at the Manila Pen last Saturday.

As it turned out, Carandang's former Channel 2 colleague and BFF, Ces Drilon, was given the first interview slot, prompting a number of the industry's competitive tongues to start wagging.

The arrangement also gave a clue to Malacanang's pecking order: After Channel 2 came GMA7, then TV5, Philippine Daily Inquirer and, last but certainly not the least, Philippine Star.

PCGG wins Polo, Makati Sports shares

Do not be surprised if one of these days PCGG Chairman Andres Bautista or any of his fellow commissioners are seen enjoying the dining and sports facilities of the members-only Manila Polo Club.

The Supreme Court last month finally cleared the forfeiture, in favor of the Presidential Commission on Good Government, of a number of properties left behind by the late Jolly Bugarin, the Marcos-era chief of the National Bureau of Investigation.

The forfeiture covers properties acquired by Bugarin from 1968-1980 in excess of his government compensation.

In addition to the shares of the Manila Polo and Makati Sports clubs, two Greenhills houses, two Valle Verde properties, nine residential lots in Tagaytay and another two lots in Calapan and Puerto Galera in Mindoro were also ordered seized from either the Bugarin heirs - Ma. Aileen Bugarin, Ma. Linda Abiog and Ma. Annette Sumulong - or their present owners.

For still unclear reasons, two Bugarin houses in Dasmariñas Village, the most valuable of them all, were not included in the seizure order.

Heard through the grapevine

The Angelicum College of Quezon City may have to write off its Batasan property after the Court of Appeals upheld the Quezon City Regional Trial Court and declared the Dominican-run school as buyer in bad faith of the contested property.

The property had lis pendens in its title when it was acquired in early '90s in exchange for a P6.5 million loan extended to the developer by Fr. Tamerlane Lana, now rector and president of Colegio de San Juan de Letran.

Email Vic Agustin at cocktales_tv5@yahoo.com.

 

 

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