By Manila Standard Today | Posted on
Nov. 10, 2012 at 12:01am |
Megaworld Corp. has asked the Housing
and Land Use Regulatory Board to dismiss outright the petition of Nesco
International Development Corp. seeking to revoke its certificate of
registration, license to sell and development permit for The City Place project
in Binondo, Manila.
Megaworld said Nesco’s pleas were
absurd, adding Nesco illegally occupied a two-story commercial building on a
government property in Numancia, Binondo. The city government of Manila
demolished the property to prepare the site for its redevelopment.
Megaworld said Nesco had absolutely no
ownership rights over the property and that it had no business relationship
with the complainant.
Nesco alleged in its complaint that
Megaworld submitted fake and manufactured land titles of the site, where it
built the City Place Condominium and Lucky Plaza Mall in Binondo.
Nesco asked the HLURB to recall all
condominium certificates of title, charging that the titles submitted by the
City of Manila and Megaworld were “highly questionable, infirm and dubious.”
Megaworld stressed that it signed in
April 2006 a build-and-transfer arrangement with the city of Manila for the
construction of public school buildings with residential quarters for the
faculty, after a successful public bidding process.
Megaworld said Nesco had no legal
basis to ask for a revocation of the permits for The City Place since it was
not a buyer of any unit within the property.
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