{"id":731095,"date":"2015-10-15T05:20:45","date_gmt":"2015-10-14T21:20:45","guid":{"rendered":"https:\/\/newsinfo.inquirer.net\/?p=731095"},"modified":"2015-10-15T03:21:02","modified_gmt":"2015-10-14T19:21:02","slug":"mercado-sued-for-libel","status":"publish","type":"post","link":"https:\/\/newsinfo.inquirer.net\/731095\/mercado-sued-for-libel","title":{"rendered":"Mercado sued for libel"},"content":{"rendered":"
\"ernesto-mercado-2\"<\/a>

Former Makati vice mayor Ernesto Mercado. INQUIRER FILE PHOTO<\/p><\/div>\n\n

TOP OFFICIALS of Alphaland Corporation on Thursday filed a third libel suit against former Makati vice mayor Ernesto Mercado in connection with the latter\u2019s allegations of a sweetheart deal between the company and the Boy Scouts of the Philippines headed by Vice President Jejomar Binay.<\/p>\n\n

\u201cAs we have said time and again, the Alphaland-Boy Scouts deal is one of the best, if not the best deal that the Boy Scouts ever made,\u201d Roberto Ongpin, Alphaland chair and chief executive officer, said in a press statement.<\/p>\n\n

The statement was issued by Ongpin after jointly filing with Alphaland president Mario Oreta another libel complaint before the Makati City Prosecutor\u2019s Office for allegedly malicious statements uttered by Mercado when he filed a plunder complaint against Binay and the members of the Boy Scouts board last Oct. 6.<\/p>\n\n

\u201cThe deal between Alphaland and the Boy Scouts is above board and transparent. Definitely, no plunder was committed by anyone.\u00a0 From P600 million in value in 2008, the assets of the Boy Scouts is now worth some P3 billion.\u00a0 It is a great mystery why Mercado is now attacking his own deal which he successfully negotiated,\u201d Oreta said.<\/p>\n\n

\u201cMercado should even be given a medal for negotiating and concluding this deal,\u201d remarked Ongpin.\u00a0 Mercado, who used to be Boy Scouts senior vice president, signed the deal on behalf of the Boy Scouts.<\/p>\n\n

The controversial one-hectare property at the corner of Malugay Street and Ayala Avenue Extension in Makati City has become the site of the Alphaland Makati Place project which consists of a six-storey podium and three residential towers.<\/p>\n\n

Earlier in February, Ongpin and Oreta also separately filed criminal libel complaints against Mercado for allegedly malicious press statements made in the Senate.<\/p>\n","protected":false},"excerpt":{"rendered":"

TOP OFFICIALS of Alphaland Corporation on Thursday filed a third libel suit against former Makati vice mayor Ernesto Mercado in connection with the latter\u2019s allegations of a sweetheart deal between the company and the Boy Scouts of the Philippines headed by Vice President Jejomar Binay.<\/p>\n","protected":false},"author":37,"featured_media":678392,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[34,47],"tags":[206079,41955],"byline":[154476],"source":[206078],"column":[],"editor":[],"videographer":[],"position":[],"acf":[],"yoast_head":"\nMercado sued for libel | Inquirer 黑料社<\/title>\n<meta name=\"description\" content=\"TOP OFFICIALS of Alphaland Corporation on Thursday filed a third libel suit against former Makati vice mayor Ernesto Mercado in connection with the latter\u2019s allegations of a sweetheart deal between the company and the Boy Scouts of the Philippines 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