|
After almost 10 years of litigation, the Cruz Telephone Company
has agreed to negotiate for a settlement with the Oriental Negros
government on the ejectment case filed by the province against the
company.
In a letter to the province last month, Cruztelco area manager
Renato Azanza said the company had signified its intention to negotiate
for the payment of the land and to pay the back rentals.
Its proposal is to pay the province the sum of P6,043,712.50
for the real property including the back rentals thereon, from 1985
to the present.
The provincial government, however, is pushing for a higher
amount though it is still studying the proposal, provincial legal
officer Erwin Vergara said, adding that the province will be offering
a counter proposal in consultation with the Sangguniang Panlalawigan.
Vergara said the province based its computation on the fair
market value of the land, while Cruztelco insisted on the zonal
value per regulations of the Bureau of Internal Revenue.
The court battle involves a 1,800-square meter lot owned by
the province which it donated to the Bureau of Telecommunications.
Unknown to the provincial government, BUTEL sold the rights to
Cruztelco, records indicated. This prompted the province to file
an ejectment case against Cruztelco.*JG
back to top
|