Counsel rules out rape
in moneylender's slay

The lawyer of the Indian moneylender, Kemal Kant, who was killed in an ambush two weeks ago in Brgy. Tubtubon, Sibulan town, has ruled out the possibility that the alleged rape victim of his client was behind the murder.

Raymund Mercado, the counsel, said the rape angle was improbable because the court had dismissed the alleged victim's complaint when she failed to attend the hearing.

Mercado also dismissed as "unfounded" the reports that the alleged victim was extorting money from Kant.

LGUs to get withheld
IRA shares next month

The Oriental Negros government is expecting to receive next month about P47 million as its share in the P17.5 billion accumulated amount of Internal Revenue Allotment withheld by the national government in the past years.

Gov. George Arnaiz said President Gloria Macapgal-Arroyo and Finance Secretary Margarito Teves informed him last week that the national government is ready to release the amount in January through monetization at the Land Bank of the Philippines or Development Bank of the Philippines.

By monetization, Arnaiz said, LGUs can withdraw at once the amount they are entitled to, minus 28 percent interest.

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