Which is why we cannot understand why you had to fake the circumstances of Danny’s unfortunate illness and eventual demise and therein lie to the people.
Your father did obtain a loan from the GSIS, for 16,000 pesos to build the house, which was not a small amount in those days. He bought a 560-square meter lot in San Rafael which at the time, cost 30 pesos per square meter, or 16.800. Who were your neighbours? Well, the following big names in Philippine industry lived in that vicinity: the late Yao Eng Hue, once president of the Federation of Filipino Chinese Chambers of Commerce and Industry, at the time owner of Manhattan Rubber, which produced rubber slippers; Robin Sy, also a former president of FFCCCI; Dante Go, who used to own Sugarland and sold it in 1999 to Ramon Ang for a cool billion; even the family of Wilson and William Tieng of Solar Films and Solar TV. Their father was one of the biggest glassware and kitchen equipment dealers in Echague, Quiapo, in league with the late Leonardo Ty of Hitachi and Ajinomoto. Even William Gatchalian had property in the vicinity. My own grand-uncle used to have a clothing factory nearby, called La Navotena at the foot of the bridge along North Balut. The area is beside what is now Westminster High School, a Chinese-Filipino school.
Just so the young will understand how big an amount 16,800 pesos was (30 x 560 sq. m.), the minimum wage at the time was 120 pesos per month, or 4 pesos per day.
Villar also said that the subdivision they lived in was beside Smoky Mountain, and the stench assailed their nostrils. Again that is a lie. Because there was no Smoky Mountain at the time (the 60’s). It was only in the 80’s when population pressures, inward migration and grinding poverty made foraging the city’s detritus become the anomaly that it was. San Rafael subdivision is close, but not adjacent to the area used as a mountain of dump, which Tita Cory and later FVR converted into tenement housing for real squatters, developed by Reghis Romero, now one of Villar’s and GMA’s most ardent supporters. Young Manny did not smell the stench of garbage, but the smell of soap produced by Procter and Gamble PMC at the back of San Rafael.
You want the Liberals and your main political opponent to “apologize” for what they did to your reputation. Firstly, it was neither the Liberals nor Noynoy who told the truth surrounding the death of your brother which you yourself brought to public attention through expensive advertisements. It was the collective work of columnists whose responsibility it is to tell the truth, and shared their information with each other, especially since it concerns someone who wants to be president.
via Business Insight Malaya | LITO BANAYO.
Giancarlo Angulo's Blog