After getting evicted from the Mile long property, the Prieto family owned Sunvar Realty Development Corporation has been ordered the pay P478.2 million in back rent.
Mile Long property
President Rodrigo Duterte has warned wealthy individuals who are illegally holding on to government property to return it before it's forcibly taken away from them.
President Rodrigo Duterte has claimed there's nothing personal behind the government's takeover of the prime Mile Long property that had been controlled for three decades by the Rufino-Prieto clan.
President Rodrigo Duterte plans to sell the Mile Long property in Makati City after the company owned by the Rufino-Prieto family vacates it.
The Rufino-Prieto family has waved the white flag in the years-long battle to retain control of the Mile Long property in Makati City.
The Makati City Regional Trial Court on Tuesday ordered the Sunvar Realty Development Corporation, a real estate firm owned by the Rufino and Prieto families to vacate the 2.9-hectare Mile Long property in Makati City.
Violence could erupt if the urban poor group Kalipunan ng Damayang Mahihirap (Kadamay) illegally occupies government housing projects again, President Rodrigo Duterte has warned.
The days when the owners of the Philippine Daily Inquirer can get away with doing what they want with nary a squeak from the government are numbered.