DOJ wraps up probe into P50-M estafa rap vs Indonesian trader
The Department of Justice (DOJ) has wrapped up its investigation into the P50-million estafa complaint filed by the infrastructure unit of San Miguel Corporation(SMC) against Indonesian businessman Shadik Wahono and his company.
Senior Assistant State Prosecutor Ma. Emilia Victoria on Monday said Wahono through his counsel has already submitted his counter-affidavit in response to the complaint.
She said San Miguel Holdings Corporation (SMHC) opted not to file a reply to the counter-affidavit.
“The complaint is already submitted for resolution,” Victoria told reporters.
Based on the complaint, Wahono misrepresented his company, PT Citra Lamtoro Gung Persada (CLGP), as the legal owner of Citra Central Expressway Corp. shares that SMHC has acquired.
SMHC argued that CLGP cannot be the legal and beneficial owner of such shares since the subscription price was actually paid for by Citra Metro Manila Tollways Corp. (CMMTC), funds of which SMHC was also a beneficial owner at that time.
Aside from estafa, Wahono is also facing a qualified theft case before the Regional Trial Court of Marikina City for allegedly causing CMMTC, which was jointly owned then by the SMHC and Wahono, to make an unauthorized disbursement which he then used to incorporate another company.
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