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Fires back


As expected, the camp of newly elected Wack Wack Golf and Country Club president Benjamin Abalos Sr. did not take allegations of malfeasance sitting down. Specifically, the former Mandaluyong City mayor and his allies on the board of one of the country’s most exclusive (and expensive) golf clubs sought Biz Buzz out to “clarify”—more like “belie,” actually—the statement made by former Wack Wack president Philip Ella Juico about the club’s supposed financial troubles during the nearly decade-long reign of Abalos as club president. Inquirer 

Abalos told Biz Buzz that one major expense the club incurred while he was at the helm was a P65-million deal with the William J. Shaw Foundation (representing the estate of the club’s founder, Bill Shaw) for the club to be able to exercise complete ownership rights over a 27.1-hectare portion of the golf course. Inquirer

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