Friday, August 28, 2009

Subic Bay's Driftwood Beach

Reader comments on "The Fight For Subic Bay's Driftwood Beach":

How could Koreans buy Driftwood Beach when foreigners are not allowed to own real estate property in PI? Does PI law apply to everyone except Koreans?

[The Subic Bulletin] There are many ways this is done with proxies, corporations with assigned shareholders, unsigned conveyance document just to name a few.

and another:

My wife read in the local Tagalog newspaper that Hanjin offered a bounty to buy the Driftwood Beach location, they said they want it because of the pier that is there.

The paper said that the Barangay Captain and the Mayor were fighting over who would pocket the bounty that would enable the sale of the public beach. Apparently the people believed the fight has something to do with their interests but eventually realized they were cheated when the Mayor and the Barangay Captain agreed to split the bounty at the expense of the locals loosing their beach.

We do not know if this is totally true because it seems funny the local tagalog paper will print this but everyone else is keeping quiet (or afraid) about the issue.

[The Subic Bulletin] We would be interested if any of our readers can verify these reports one way or another?

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