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Bacolod City, Philippines Monday, January 25, 2016
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Scrap iron part of P129M
auctioned MMC properties

Scrap metal valued at millions of pesos from the Maricalum Mining Corp. in Barangay San Jose, Sipalay City, intercepted recently by the police cannot be considered stolen items, Richard Aprosta, Department of Labor and Employment 6 sheriff, said yesterday.

Aprosta said reports on social media that the scrap metal was stolen is wrong, as they were part of P129,500,000 million in properties purchased by NAMAWU president Abraham Javier in a public auction on Dec. 11, 2015.

On Sept. 30, 2015, Labor Secretary Rosalinda Baldoz issued a second alias writ of execution for the levying of MMC's properties to compensate about 250 laid off employees in 1996.

She ordered the enforcement of an alias writ of execution and break-open order to raise the needed monetary award of P159 million.

In a public auction on Dec. 11, 2015 the highest bidder for the MMC properties that included the scrap iron was Javier who offered a P129 million bid, Aprosta said.

The remaining P30 million due the workers has yet to be raised and could come from the sale of MMC real estate, too, Aprosta added.

The trucks and their scrap metal cargo that were intercepted and held by the police in Himamaylan and Binalbagan on January 11 were released after presentation of documents showing that the cargo was taken out of MMC on orders of labor authorities, he said.*CPG

 

 

 

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