In response to a VERA Files story which revealed the sale of the property, Arroyo, who represents security guards and tricycle drivers in Congress, said the sale of the 5-bedroom beachfront house in California was part of the real estate firm’s business.
“The article referred to a sale made by Beachway Corporation, a company which I have personal stake, of a property in the US. What is wrong with that? The sale was made in an ordinary course of business as our company is engaged in the buying and selling of real estate properties. It is but perfectly normal that we sell properties, otherwise we go out of business,” the eldest son of former President Gloria Macapagal-Arroyo said.
Arroyo said he already issued a statement in 2009 regarding the Foster City property. He said the property “is not personally owned by me but by a company which I have a minority stake.”
He added that it should not be linked to what he described as a “trumped-up tax evasion case filed against me.” (Click here for video.)
Arroyo said the VERA Files story “only confirms there is ongoing vilification campaign against me and my family. This is yet another attempt to make an issue when there is absolutely none.”
“It is very clear to me now that this latest article is nothing but part of a bigger campaign to malign me and my family in order to hide this administration’s lack of specific program to address the ever-worsening poverty and hunger, unemployment, rising prices of oil and basic commodities and the exodus of our OFWs affected by conflicts in the Middle East,” he added.
VERA Files: It’s factual
In response to Arroyo’s statement, VERA Files said their story is “a factual report of a real estate transaction involving a firm owned by someone being accused of tax evasion.”
“The reaction of Rep. Juan Miguel Arroyo, that ‘the sale was made in an ordinary course of business,’ merely confirms that the transaction took place,” VERA Files said on Monday.
According to VERA Files, the property “was transferred to Mary Grace Apolinario and Jerome Ngo who appear in the county’s database as ‘grantees’ or buyers. The buyers are owners of the popular restaurant chain ‘Gerry’s Grill’ who, sources said, are good friends of Mikey.”
VERA Files said its “sources in California also revealed that although Arroyo has claimed owning at most 40 percent of the company, and therefore was only part owner of the house, visitors to the Foster City property were left without a doubt as to its occupants’ identities.”
“These sources provided VERA Files a photo of the living room of the house at 1655 Beach Park Blvd. before it was sold. On a side table sat a picture of the young Arroyo couple, while on the wall above the couch hung a painting of former president Gloria Arroyo taking her oath of office on Jan. 20, 2001,” said VERA Files, group of investigative journalists.
“The house forms part of the evidence listed by the Bureau of Internal Revenue, which is accusing Arroyo and his wife Angela of amassing millions of pesos worth of real estate and other property for the years 2004 to 2009, but failing to pay their taxes,” VERA Files said. — with a report from RG Cruz, ABS-CBN News
Got this text:
Like mother like son…pathological liars. Deny to death na hindi kanya ang bahay e ayan at ang sulok at dinding ay may pictures nila.
Mikey says that he has minority stake in the company that owns the house, tapos na ang pantatanga nyo sa tao! Hay, tuluyan na nga ng BIR ang SOB na ito, gawing cellmate nya ang mag-asawang Ligot!
Misrepresentation, hahaha! Sisihin si Corona at pinayagan ang pagbabalatkayo ni Mikey. 🙂
Comelec sisihin din.
Nothing wrong kasi nothing’s right with Mikey’s brain cells.
Bakit parang may hawig sila ni Willy Revilame. 😛
Ellen, yan ang sistema dito sa US, kapag may LLC ka, o nasa corporation or incorporated hindi ka basta basta masasampahan ng kaso. This is why it is very expensive to put up one. Almost all monied people establish this system of protection against suits. Alam ito ng mga BIR sa atin kaya kahit na the evidence is so glaring, it will not be easy to pin Mikey on this one. Unless the US, just like they did to the Ligots and Garcias, will cooperate in liquidating these assets. In the cases of the corrupt generals, the properties were in the individuals’ names. In Mikey’s case, he protected himself well by incorporating his assets here. Medyo mahihirapan kayong maghabol. The only thing is, the people of the Philippines are aware that Mikey owns a property in the US and sold this for a handsome amount. This is pretty much it for now!
PSB, he got experts’ advice, I imagine.
kailngan nya ng magbenta ng properties… pambayad ng buwis… kulang pa yung $1.1M na benta, 70MPhp kailngan nyang bayaran…
kung mabenta ang mga properties the Mckey Mouse..puede bang ma garnish ng BIR to pay his taxes? baka padulas pa!
# 10
Pwede ba Rose, paki usap lang. Huwag na huwag mong tatawaging Mickey Mouse itong Mikey Arroyo na ‘to. Insulto yan kay Mickey Mouse at kay Walt Disney. Magkaibang level sila noh.
Hehehehe 😛
# 8
Aba Ms. Ellen, matalino pala ‘tong Mikey na ‘to. Humingi ng expert advice para maitago ang mga nakulimbat niya at ng kanyang pamilya.
The article referred to a sale made by Beachway Corporation, a company which I have personal stake, of a property in the US. What is wrong with that?
Ang mga board of members dito sa Beachway Corporation ay.
President: Small Mikey
Executive Secretary: Angela
Chief Financial Office: BIG MIKE
Controller: Gloria.
Member: Datu, Loli, Uncle Iggy.
What is wrong with that?
ANG KAPAL talaga…
5-bedroom beachfront house in California was part of the real estate firm’s business.
Pero ang mag gamit at display ay pang sarili nilang mag asawa at di pang business. May big painting pa ang nanay niyang mag nanakaw. What is wrong with that?
Kailangan malaman kung sino sino ang members ng Beachway Corporation na tinatag niya. Baka puro multo lang ang mga names at pati ang US ay naloloko nila.
Sorry Mike..favorite ko man din si Mickey Mouse..Security guard nga siya..sideline lang niya pala ang real estate mas malaki ang kita sa side line…at nasa buy and sell lang sila…buy and sell of houses…
Kaya nga Ellen malakas ang loob ni Mikey na wala siyang ginagawang hindi tama sa pagbenta nila nitong property na ito. Mas pagtuunan ninyo ng pansin how it was acquired in the first place. How the money was transferred into the escrow etc… Yan ang mas mahirap halungkatin. Someone from their circle would know how the horsie bought this property.The fact that it was sold and conveyed to someone is not the issue. It is how he acquired this property that you should investigate more.
Jack of all Trade.
Habang nakasakay sa padyak, nagrorunda yan para mag guwardiya… nagtitinda na rin ng bahay at lupa… nagtitinda na rin ng kamote at banana Q(representative ng mga Q’s na rin yan).
Kaya niyo ba yan?
Mike, tama ka. May pagkahawig nga sila. Marunong manisi ng iba, gustong i-divert sa iba ang usapan.
Panahon(weder) ng “maasim” na mangga at sampalok ngayon, binabato kapag hitik ng bunga. Malalaglag din yan lahat.
Halos katulad nga rin ng linya ni Willie itong si Mikey, wala raw siyang masamang ginagawa. Swerte nga lang niya, wala pang batas para makasuhan siya ng impersonation as a tricyle driver cum security guard. Ang kaabang-abang sa ngayon, malamang madamay itong si Mikey sa nangyayaring Web Revolt against Willie.
http://globalnation.inquirer.net/columns/columns/view/20110411-330640/The-Web-revolt-that-shook-Willie-Revillames-world
Property History 1655 BEACH PARK BLVD, FOSTER CITY, CA, 94404- 1438
Prior Transfer
Recording Date 03/16/2011 Document # 2011-031097 BK-PG –
Price $1,125,000 Document Type Grant Deed
First TD N/A Type of Sale Full-Computed from Transfer Tax
Mortgage Doc # Interest Rate
Lender Name
Buyer Name APOLINARIO, MARY GRACE; NGO, JEROME Seller Name BEACHWAY LLC,
Buyer Vesting N/A
Legal Description : Lot: 710 Tract No: 836 Map Ref: MAP62 PG43-50 City/Muni/Twp: FOSTER CITY
Prior Transfer
Recording Date 09/18/2009 Document # 2009-125647 BK-PG –
Price N/A Document Type Grant Deed
First TD N/A Type of Sale Transfer Tax on doc. indicated as EXEMPT
Mortgage Doc # Interest Rate
Lender Name
Buyer Name BEACHWAY LLC, Seller Name MONTENEGRO, ANGELA ARROYO
Buyer Vesting N/A
Legal Description : Lot: 710 Map Ref: MAP62 PG43-50 City/Muni/Twp: FOSTER CITY
Mortgage Record
Recording Date 08/23/2006 Document # 2006126987 BK-PG –
Loan Amount: $198,000 Loan Type Stand Alone Second
TD Due Date 09/01/2021 Type of Financing
Lender Name RESIDENTIAL MORTGAGE CAPITAL
Lender Type Mortgage company Vesting Married Woman as her sole and separate property
Borrowers Name MONTENEGRO,ANGELA ARROYO
Legal Description : Lot: 710 City/Muni/Twp: FOSTER CITY
Offered by Fidelity National Title Company
All information produced is deemed reliable but is not guaranteed.
Mortgage Record
Recording Date 08/23/2006 Document # 2006126986 BK-PG –
Loan Amount: $858,000 Loan Type Unknown
TD Due Date 09/01/2036 IR:6.87% Type of Financing ADJ
Lender Name RESIDENTIAL MORTGAGE CAPITAL
Lender Type Mortgage company Vesting Married Woman as her sole and separate property
Borrowers Name MONTENEGRO,ANGELA ARROYO
Fixed Step
Adjustable Rate Index 6 Month Libor Change Index 2.25%
Rate Change Frequency Six months or Semi-annually First Change Date 09/01/2013
Int Rate not 12.87%
Maximum Interest Rate 12.87% Interest Only Period Yes
Prepayment Penalty Rider No Prepayment Penalty Term
Legal Description : Lot: 710 City/Muni/Twp: FOSTER CITY
Prior Transfer
Recording Date 08/23/2006 Document # 2006126985 BK-PG –
Price N/A Document Type Intrafamily Transfer or Dissolution
First TD N/A Type of Sale Non-Arms Length Transfer
Mortgage Doc # Interest Rate
Lender Name
Buyer Name MONTENEGRO, ANGELA ARROYO Seller Name ARROYO, JUAN MIGUEL
Buyer Vesting Married Woman as her sole and separate property
Legal Description : Lot: 710 Map Ref: MAP62 PG43-50 City/Muni/Twp: FOSTER CITY
Prior Transfer
Recording Date 08/23/2006 Document # 2006126984 BK-PG –
Price $1,320,000 Document Type Grant Deed
First TD N/A Type of Sale Full-Computed from Transfer Tax
Mortgage Doc # Interest Rate
Lender Name
Buyer Name MONTENEGRO, ANGELA ARROYO Seller Name SKYLLAS, GEORGE
Buyer Vesting Married Woman as her sole and separate property
Legal Description : Lot: 710 Map Ref: MAP62 PG43-50 City/Muni/Twp: FOSTER CITY
Offered by Fidelity National Title Company
All information produced is deemed reliable but is not guaranteed.
Mortgage Record
Recording Date 03/10/2006 Document # 2006035187 BK-PG –
Loan Amount: $185,000 Loan Type Credit Line (Revolving)
TD Due Date 04/01/2031 Type of Financing
Lender Name FIRST NATIONAL BANK OF ARIZONA
Lender Type Bank Vesting
Borrowers Name SKYLLAS,GEORGE
Legal Description : Lot: 710 Abbreviated Description: FOSTER CITY NEIGHBORHOOD #3 SAN MATEO COUNTY CALIFORNIA UN #2 City/Muni/Twp: FOSTER CITY
Prior Transfer
Recording Date 03/10/2006 Document # 2006035185 BK-PG –
Price N/A Document Type Intrafamily Transfer or Dissolution
First TD N/A Type of Sale Transfer Tax on doc. indicated as EXEMPT
Mortgage Doc # Interest Rate
Lender Name
Buyer Name SKYLLAS, GEORGE Seller Name SKYLLAS, JULIE
Buyer Vesting Married Man as his sole and separate property
Legal Description : Lot: 710 Tract No: 836 Map Ref: MAP62 PG43-50 Abbreviated Description: FOSTER CITY NEIGHBORHOOD #3 SAN MATEO COUNTY CALIFORNIA UN #2 City/Muni/Twp: FOSTER CITY
Prior Transfer
Recording Date 03/10/2006 Document # 2006035184 BK-PG –
Price $925,000 Document Type Grant Deed
First TD $740,000 Type of Sale Price Unconfirmed
Mortgage Doc # 2006035186 Interest Rate 7.37%
Lender Name FIRST NATIONAL BANK OF ARIZONA
Buyer Name SKYLLAS, GEORGE Seller Name BOREL PRIVATE BANK & TRUST CO, ; HORSMAN FAMILY TRUST,
Buyer Vesting Married Man as his sole and separate property
Fixed Step
Adjustable Rate Index Libor Change Index 3%
Rate Change Frequency Six months or Semi-annually First Change Date
Int Rate not
Maximum Interest Rate Interest Only Period
Prepayment Penalty Rider No Prepayment Penalty Term
Legal Description : Lot: 710 Tract No: 836 Map Ref: MAP62 PG43-50 Abbreviated Description: FOSTER CITY NEIGHBORHOOD #3 SAN MATEO COUNTY CALIFORNIA UN #2 City/Muni/Twp: FOSTER CITY
Offered by Fidelity National Title Company
All information produced is deemed reliable but is not guaranteed.
From Celia Barmea:
Pero sana bago kayo tuminin sa kapwa niyo, tumingin muna kayo sa salamin. Ano ang nagawa ko sa bansa ko? Ano ang nagawa ko sa bayan natinBasta ang puso ko, nandito sa mga mahihirap.
Nagbigay ba kayo ng tulong? Nagbigay ba kayo sa Bantay Bata ng P1Milyon?
Oh alam nyo ba? Nagbigay ako ng kalahating milyon umuwi lang dito yung OFW sa Lebanon. Nagbigay po ako. Binanggit ko bayan? Sasabihin ko lang sa inyo, gumawa ako ng paraan. Nagbigay ako ng isang milyon kay Mam Charo. Sa 71 dreams, 500. Hindi ko lang alam kung sa Bantay Bata o sa isa pa. Binigay ko ho yan. Binabanggit ko ba sa inyo yan? DI ba? Meron bang may gumagawa niyan? Kung may gumagawaniyan, mabuti. Sama-sama tayo, wag nyo akong gitgitin. Hindi ako masamang tao. Ang hangad ko lang ay magpasaya at tumulong sa mahihirap.-Willie Revillame
Sob, i;m missing FPJ’s (Fernando Poe Jr) sinceriry,generosity,decency in helping others and above all,his humility.
One of FPJ’s last word to Chiz Escudero nung panahong maraming lumalait sa kanya,gusto ni Chiz ipa-press release yung mga ginagawang tulong ni FPJ sa mahihirap,so that the people will know. FPJ said “Ang ginagawa ng kanang kamay, hindi ipinagsasabi ng kaliwang kamay.
How i wish,buhay pa si FPJ, at ng nabibigyan niya ng some word of wisdom si WR.
Well, you can’t buy class,kahit mahiga ka sa pera kung wala ka nito,kahit ilang yate,barko at mansion ka meron,lalabas at lalabas ang pagiging plastic at hipokrito mo.
God, I missed my idol miserably.
Long live the King!
Nalungkot na naman ako, ipinaala-ala kasi ni Celia ang aking presidenteng tunay.
A dimwit and a half wit can be funny too. Listen to him:
“It is very clear to me now that this latest article is nothing but part of a bigger campaign to malign me and my family in order to hide this administration’s lack of specific program to address the ever-worsening poverty and hunger, unemployment, rising prices of oil and basic commodities and the exodus of our OFWs affected by conflicts in the Middle East”.
Those problems already existed and became worse in the one decade rule of his mother. And he blames the less than one year old Aquino administration for not doing anything (in his mind) to solve it.
Bwahaha.. bobo talaga. Sige pa, Mikey. We’re enjoying your hilarious interpretation of life and politics in the windmills of your mind.
Every time he opens his mouth, he puts his foot in it. That’s called foot-in-mouth disease. See a vet asap. On second thought, don’t. We’re immensely enjoying your comedy act.
In the US anybody from anywhere in the world can buy a piece of property ALL CASH, no questions asked. How the money got there is a big question mark. Asian countries are so strict on how the money is transmitted. In India, any amount over a million dollars will have to go through their central bank. I do not know how we do it in the Philippines. European countries can transmit any amount into US banks in 24 hours. This is what I want to know, how the all cash money got into the corporations account. Well I guess the excellent lawyers both in the Philippines and in the US have studied the contracts to protect Mikey and his partners. Banks must also have aided in the easy transfer of the monies. Ikaw ba naman ang anak ng pinaka-corrupt na president. How much easier can it get?
“This is why it is very expensive to put up one.” – psb
Unsure about California, but you can apply for LLC in the state of Nevada for a little over a thousand dollars and pay a yearly renewal of $300 or so. This system is used by thieves, money launderers, and other shady characters to hide their ill-gotten wealth. Why the US Justice Department is not probing these LLC’s beats me.
A friend is buying Mikey’s Resto in Pinas (don’t know how many restos this donkey owns) and intimated “mabait” naman daw si Juan Miguel. I said, di ba magnanakaw yun. My friend responded by just saying “ganoon talaga sa atin”.
ang mga kriminal sinasabi nila lagi wala silang kasalanan, ang mga sinungaling sinasabi nila lagi nagsasabi sila ng totoo, ang mga mangungulimbat ay nagsasabing hindi sila nangungulimbat kahit natatabunan na sila ng mga nakulimbat nila.
We have almost forgotten that the gov’t workers’ organization COURAGE has filed in the Ombudsman a case against Mikey-the-Horsey for ill-gotten wealth. This was in 2009! Nothing has moved although recently-resigned Deputy Ombudsman for Luzon, Mark Jalandoni, has announced back then that they have started investigating Mikey after an anonymous online tip. But the Ombudsman’s official act? Making it impossible to get documentary evidence (SALN, ITR, etc.) unless the applicants expose themselves to danger by requiring them to submit two gov’t-issued IDs with their requests. Namfootah, para madaling suhulan o patayin?
COURAGE filed the graft raps after Vera Files published its reports, and according to Inquirer here: http://newsinfo.inquirer.net/breakingnews/nation/view/20090910-224540/Graft-rap-filed-vs-Mikey-Arroyo
Eto siguro yung sinasabi mo Ellen na puputok kay Jalandoni pagdating ng impeachment ni Merci.
@norpil, naalala ko tuloy sa subway ng Pari nang kitang-kita ng asawa ko na isinuot ng tao ang kamay sa aking backpack. Biglang hinatak ni hubby ang timbre ng security at kinausap ang backpack invader. Sabay taas ng right hand, sabi e hindi raw sya mandurukot. Nagtawanan tuloy ang mga tao pagkakita sa putol nyang tatlong darili. 🙂
Aba Ms. Ellen, matalino pala ‘tong Mikey na ‘to. Humingi ng expert advice para maitago ang mga nakulimbat niya at ng kanyang pamilya.————–>Mike
*******************************************************
This is not something that Mikee did on is own, I am very sure of that. This is a usual ploy by “REAL” businessmen/women to keep most of their money from lawsuits and prying eyes. Most businesses are legit, and some are just dummy companies (with all the necessary papers just for show). The reason being that when lawsuits do arise (unless the business is illegitimate), one can pursue a case against the man but not the corporation where his maney is kept. The logic being that the personality involved is different from the corporation to which he has controlling interest.
This initiative did not come from Mikee, I am very sure of that. He doesn’t have the brains to even have that thought of. I doubt if he even consulted anybody on this. It was obviously suggested by friends in his inner circle to do it.
Jawo, you have to remember though na anak siya ng pinaka-crook na leader ng Pilipinas at ang tatay niya eh si Jose Pidal. It says it all! Siyempre kikilos ba naman yan kung walang basabas si nanay at tatay?
“basbas” pala…
Tongue T#30, sa kasong tax evasion filed by BIR, kung magkaroon ng hearing, Mikey will be also tightlipped invoking “it might incriminate me”.
joe, baka rin i-invoke yung kanyang “right to privacy” hahaha.
Dahil pikon na si “boob-wit” sa mga paratang sa kaniyang bobong anak na si Mikey, sabi niya, “the reason behind the rising indices of corruption, poverty, hunger and unemployment is because there is a vacuum of leadership under the Aquino administration”.
++++++++++++++++++++++++++++++++++++++++++++++++++++++++
Be it as it may if that is how she sees it. But the way we see things, however, for nine years under her lame and useless leadership, we saw how she methodically transformed the national coffers from full to vacuum.