13 OCTOBER 2003

Cover page
Table of contents
Inbox
Dear Reader
Losing out
Barbers’ Cut?
‘All Gainfully Employed’
The Scent of Money
The Marcoses Strike Back
Changing of the Guard
Inside Track

‘All Gainfully Employed’
By Gemma B. Bagayaua
NEWSBREAK Staff writer

THE BARBERS family may have financed the acquisition of properties probably from businesses outside of Surigao, Ponciano Casurra, Surigao City mayor, told Newsbreak.

Of the senators’ children, however, only Ace appears to have businesses of his own. SEC records indicate that Ace has interests in Vintage Specialist Inc., Ace-Alpha International, and Bagel Holdings Corp. Of the three, only Vintage was ever listed in the congressman’s statements of assets and liabilities (SALs). Vintage is a brokerage firm while, based on its articles of incorporation, Ace-Alpha is engaged in wholesale and retail.

Barbers indicated in his SALs from 1992 to 1994 that all his relatives are "gainfully employed in private firms." But among his sons, only Ace indicated in his resumé that he was employed in a private company at one time. Ace now occupies his father’s former seat at the House of Representatives.

The resumé of Robert Lyndon Barbers, Surigao del Norte governor, showed that he served as his father’s technical assistant in the House of Representatives and at the DILG.

Dean was a consultant at the Philippine Amusement and Gaming Corp. (Pagcor) during the Ramos administration. Elected Makati councilor in 1998, he ran for vice mayor of the city in 2001 but lost. Last year, the President appointed him general manager of the Philippine Tourism Authority, considered a plum position because it has its own funds, derived from 50 percent of the travel tax.

How the sons could have helped their father acquire his current properties given their government salaries is anybody’s guess.

Robert Ace Barbers’s latest SAL indicated that last year (2002) he spent 17 million pesos on a new house and lot in Quezon City; an additional 500,000-peso acquisition under "various condominiums," and 350,000 pesos for a lot in Surigao del Norte.

The 14.47-million-peso increase in his liabilities that same year could probably account for this. A source working for a real estate firm told Newsbreak that the property is located at Megaworld Corinthian Hills near Green Meadows and is actually worth 20 million pesos.

When he was tourism director for the National Capital Region, Lyndon bought golf club shares and a lot at the Fil-Estate Sherwood Hillsin Tanza, Cavite, a source who used to work for the company told Newsbreak. The total cost: 2.5 million pesos.

Fil-Estate employees who processed the papers remember this because when he was asked to produce documents supporting his capacity to pay, Lyndon sent in an official receipt for a BMW that he had just purchased. Newsbreak was scheduled to interview the governor during a visit to Surigao but he cancelled the appointment.

The youngest Barbers child, 23-year-old Mary Grace, now married, owns her own condominium at Robinsons Place, Malate, Manila. She is the only child of the senator who is not in government service.

Home


Send us your feedback: letters@newsbreak.com.ph