Landing International Development was investigated by DOJ

The Philippine Senate demanded an investigation for alleged corruption.

Philippines.- Earlier this week, the Philippine Senate ordered an investigation to a unit of Hong Kong-listed casino resort investor Landing International Development Ltd. after receiving complaints about alleged corruption. The investigation has been held this week, but authorities have not released the results yet.

The Department of Justice (DOJ) held the review of the lease deal entered into by dismissed officials of the Nayong Pilipino Foundation (NPF) with Landing Resorts Philippines Development Corp. (LRPDC), which was suspected of corruption. Senator Francis Escudero had previously demanded the DOJ look at “supposed graft and corruption allegedly committed by the Nayong Pilipino Foundation board of trustees and officials.”

According to a statement revealed by the Justice Secretary Menardo Guevarra last Thursday, Malacañang received the results of the investigation last Wednesday. “Let’s just wait for the President’s action,” he told reporters in a message, according to the local press.

Meanwhile, the company denied the accusations. “Despite the fact that all procedural and legal requirements were strictly followed by the [foundation] board in getting the project off the ground, opponents and critics of the project had shamelessly foisted lies about the project, and falsely and maliciously accused the [foundation], its trustees, and its officials of graft and corruption in approving the deal with Landing Resorts Philippines Development Corp,” said former chair of the Nayong Pilipino Foundation, Patricia Yvette Ocampo.

In this article:
casinos legal news Manila Philippines