By Julito G. Rada | Posted on Nov. 06,
2012 at 12:01am
[ manilastandardtoday.com ]
State-run Bases Conversion and
Development Authority agreed to settle the case with the Sobrepeña-led Camp
John Hay Development Corp. through arbitration.
BCDA president and chief executive
Arnel Paciano Casanova said Monday the agency had submitted the issues of
termination of the lease agreement and the collection of CJHDevCo’s debt for
arbitration before the Philippine Dispute Resolution Center Inc.
“BCDA adheres to the rule of law.
Since the court orders us to go into arbitration, we will abide by that. We
welcome the arbitration proceedings as it will allow us to recover what is
properly due to the government,” Casanova said.
Casanova, however, said arbitration
did not mean BCDA would stop seeking redress from any unlawful business
practice that had taken place in areas under its authority.
“BCDA remains steadfast in its
commitment to promote a healthy business environment for the Filipino people.
It remains faithful to its mandate, and it will not hesitate to pursue criminal
and administrative actions against any person that is rendering its efforts
nugatory. Criminal and administrative actions, to be sure, cannot be subject of
arbitration,” Casanova said.
BCDA earlier filed estafa and
malversation complaints against CJHDevCo before the Justice Department.
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