SM move exercise
in futility: guv
BY CARLA GOMEZ
Negros Occidental Gov. Alfredo Marañon Jr. said yesterday that any further legal action to be taken by SM Prime Holdings Inc. questioning the bidding of the Capitol’s 7.7-hectare property in Bacolod City, that was awarded to AyalaLand Inc., will be an exercise in futility.
It is the right of SMPHI to pursue its suit, but it is a delaying tactic that is to the disadvantage of the people of Negros Occidental, he said.
Negros Occidental Branch 50 RTC Judge Estefanio Libutan Jr., in a 22-page decision dated January 23, denied the petition of SMPHI against Marañon and the members of the Committee on Awards and Disposal of Real Properties of Negros Occidental for lack of merit.