On July 17, 1987, pursuant to its mandate under Executive Order No. 1of then President Corazon C. Aquino, the PCGG, on behalf of the Republic of the Philippines, filed with the Sandiganbayan a complaint for “reversion, reconveyance, restitution, accounting and damages” against respondents Lucio Tan, Carmen Khao Tan, Florencio T. Santos, Natividad P. Santos, Domingo Chua, Tan Hui Nee, Mariano Tanenglian, Estate of Benito Tan Kee Hiong (represented by Tarciana C. Tan), Florencio N. Santos, Jr., Harry C. Tan, Tan Eng Chan, Chung Poe Kee, Mariano Khoo, Manuel Khoo, Miguel Khoo, Jaime Khoo, Elizabeth Khoo, Celso Ranola, William T. Wong, Ernesto B. Lim, Benjamin T. Albacita, Willy Co, Allied Banking Corporation, Allied Leasing and Finance Corporation, Asia Brewery, Inc., Basic Holdings Corp., Foremost Farms, Inc., Fortune Tobacco Corporation, Grandspan Development Corp., Himmel Industries, Iris Holdings and Development Corp., Jewel Holdings, Inc., Manufacturing Services and Trade Corp., Maranaw Hotels and Resort Corp., Northern Tobacco Redrying Plant, Progressive Farms, Inc., Shareholdings, Inc., Sipalay Trading Corp., Virgo Holdings and Development Corp. (collectively referred to herein as respondents Tan, et al., for brevity), then President Ferdinand E. Marcos and Imelda R. Marcos, Panfilo O. Domingo, Cesar Zalamea, Don Ferry and Gregorio Licaros. The case was docketed as Civil Case No. 0005 of the Sandiganbayan (Second Division). In connection therewith, the PCGG issued several writs of sequestration on properties allegedly acquired by the above-named persons by means of taking advantage of their close relationship and influence with former President Marcos.
Shortly thereafter, respondents Tan, et al. filed with this Court petitions for certiorari, prohibition and injunction seeking to, among others, nullify the writs of sequestration issued by the PCGG. After the filing of the comments thereon, this Court referred the cases to the Sandiganbayan (Fifth Division) for proper disposition, docketed therein as follows:
a. Civil Case No. 0096 – Lucio Tan, Mariano Tanenglian, Allied Banking Corp., Iris Holding and Development Corp., Virgo Holdings Development Corp. and Jewel Holdings, Inc. v. PCGG, which seeks to nullify the PCGG’s Order dated June 19, 1986 sequestering the shares of stock in Allied Banking Corporation held by and/or in the name of respondents Lucio Tan, Mariano Tanenglian, Iris Holding and Development Corp., Virgo Holdings Development Corp. and Jewel Holdings, Inc.;
b. Civil Case No. 0097 – Lucio Tan, Carmen Khao Tan, Florencio T. Santos, Natividad Santos, Florencio N. Santos, Jr., and Foremost Farms, Inc. v. PCGG, which seeks to nullify the PCGG’s Order dated August 12, 1986 sequestering the shares of stock in Foremost Farms, Inc. held by and/or in the name of Lucio Tan, Carmen Khao Tan, Florencio T. Santos, Natividad Santos and Florencio N. Santos, Jr.;
c. Civil Case No. 0098 – Lucio Tan, Carmen Khao Tan, Mariano Tanenglian, Florencio T. Santos, Natividad Santos, Florencio N. Santos, Jr., Shareholdings, Inc. and Fortune Tobacco Corp. v. PCGG, which seeks to nullify the PCGG’s Order dated July 24, 1986 sequestering the shares of stock in Fortune Tobacco Corp. held by and/or in the name of Lucio Tan, Carmen Khao Tan, Mariano Tanenglian, Florencio T. Santos, Natividad Santos, Florencio N. Santos, Jr., Shareholdings, Inc.; and
d. Civil Case No. 0099 – Lucio Tan, Carmen Khao Tan, Mariano Tanenglian, Florencio T. Santos, Natividad Santos and Shareholdings, Inc. v. PCGG, which seeks to nullify the PCGG’s Order dated July 24, 1986 sequestering the shares of stock in Shareholdings, Inc. held by and/or in the name of Lucio Tan, Carmen Khao Tan, Mariano Tanenglian, Florencio T. Santos and Natividad Santos.
In all these cases, respondents Tan, et al. are represented by their counsel Atty. Estelito P. Mendoza, who served as the Solicitor General from 1972 to 1986 during the administration of former President Marcos.
The PCGG filed with the Sandiganbayan (Fifth Division) a motion to disqualify Atty. Mendoza as counsel for respondents Tan, et al. The PCGG alleged that Atty. Mendoza, as then Solicitor General and counsel to the Central Bank, “actively intervened” in the liquidation of General Bank and Trust Company (GENBANK), which was subsequently acquired by respondents Tan, et al. and became Allied Banking Corporation. As shown above, among the litigated properties are the sequestered shares of stocks in Allied Banking Corp. (Civil Case No. 0096)....
June 3rd, 2009 at 12:58 pm
Mariano and his two sisters, brothers are all related by blood with exception of Lucio Tan Sr.
Everyone in the Chinese Community abroad and local Chinese-Filipinos know that Lucio Tan Sr. is the adopted son of Mr. Tan Y.K. It is an unspoken truth.
Being the oldest brother in a Chinese family you take good care of your siblings. However Mariano, through his greed just keep on overpricing and steal from Lucio Tan Sr. This holds true to Lucio Tan’s kids through Carmen and second wife, Letty’s sons.
Since the father has so many partners and kids left and right, none of the kids know what to get when Lucio Tan Sr. dies. In order to avoid future complications, all Lucio Tan’s kids and including his brothers steal from him. Sad, but TRUE.
Lucio Tan Sr. is a good and honest businessman. He has the luck on business per se, but NO Luck when it comes to his family. All of his immediate family are leechers excluding his wives, Carmen and Letty. Carmen was there when he was poor,but Letty made him rich.
Mariano has been stealing from his brothers companies since 1977. You know how many buildings he own?
Anyway, it is really SAD to see the ingrateful Mariano is doing. The Chinese-Filipino community is on Lucio Tan Sr.’s side. Never on Mariano. We see Mariano as a back-stabber and worthless person. It is sad, but true.
As they say, you do not shit on the hands that feed you."
1) If what user GeorgeSteveston has commented is the truth, why then is the Filipino Community and the Filipino-Chinese Community placing their support behind Mr. Mariano Tanenglian? Any evidence that will support GeorgeSteveston's claim? Any journals or publications?
2) The fact that Dr. Lucio Tan is an adopted son of the late Mr. Tan Yan Kee and Mrs. Tan-Chua King Ha is a rumor to most, fact to some. Only inside sources and sources close to the family can confirm that. Do you have proof?
3) As reported, Dr. Lucio Tan has 2 sisters, Tan Hui Bin (married to Cheung Chi Ming) and Shirley Chua (married to Domingo Chua) and 4 brothers, Tan Eng Chan, Mariano Tanenglian, Harry Tan and Frank Chan. Out of all the brothers and sisters, only Mariano Tanenglian is reported to be one among the 4 founders of the Lucio Tan Group of Companies (The other 2 being the Late Benito Tan and the Late Atty. Florencio Santos). This is a published fact.
4) Why would a founder, who has devoted his life to the protection and growth of the Lucio Tan Group of Companies be stealing money from the coffers of the company he holds shares in? Why steal when you already profit through shares?
5) If it were true that Mariano Tanenglian were a corporate thief who embezzled funds away from the Lucio Tan Group of Companies, wouldn't Dr. Lucio Tan, who is known to have the eye of a hawk and the ears of an eagle, have rid of Mariano in his early years? Why would Mariano have continued to be the Treasurer of all of the companies under the Lucio Tan Group of Companies from the early stages of the Lucio Tan Group of Companies to present? Isn't that a long period of time to be blind to such embezzlement?
6) If it were true that Mariano Tanenglian were a corporate thief, why would all the other companies in the Philippines and the world place their trust in Mariano on all the financial transactions of the Lucio Tan Group of Companies? In all dealings including deals with Airbus and Boeing, it is Mariano who is reported to have signed the papers on behalf of the Lucio Tan Group of Companies.
7) If it were true that Mariano Tanenglian were a corporate thief, why would the Filipino and Filipino-Chinese community, for a fact, start panicking that Mariano Tanenglian, the most trusted personage in the Lucio Tan Group of Companies, is reported to be no longer with the company? And pull their funds out of Allied Bank?
8) Mariano Tanenglian's official publicized position is that of Treasurer, Executive Director and Director of Finance/Chief Financial Officer, not someone who prices products and services. That's the job of marketing, sales and purchasing. Why would he then be accused of "Over Pricing"?
9) If then, all what GeorgeSteveston wrote are all lies and half-truths, should society not be wondering what part Dr. Lucio Tan's other brothers, sisters, children, in-laws, mistresses and bastards are playing in this feud between 2 brothers, who together founded the Lucio Tan Group of Companies? Who weathered bad economic times to rise to today's wealth?
10) Carmen Tan is the legal wife. Letty is the first mistress. There are many more mistresses. It is known in certain circles that both are lavish and spends money like it was an endless stream of cash. Each out-doing the other. Carmen was with Lucio when Lucio were still poor. Letty came when Lucio was rich. Who is the real wife who married Lucio for Lucio, not for Lucio's money? If you were a person looking for a spouse, would you marry someone who married you for yourself? or married you for your money?
Ask yourself. Where is your conscience in all this?
You ask, how many buildings does Mariano own? This blog asks, how many buildings, properties, businesses are owned by Tan Hui Bin, Cheung Chi Ming, Shirley Chua, Domingo Chua, Tan Eng Chan, Harry Tan, Frank Chan, Carmen Tan, Letty Tan, Lucio Tan Jr., Michael Tan and all the other family members of Dr. Lucio Tan?
Honestly, we don't know. All these are mere rumors that stoke the burning fire that will push this empire into nothingness. [http://truthaboutluciotan.blogspot.com/2009/06/this-empire-is-history-by-ricardo-v.html]
This story is not the story of Dr. Lucio Tan nor just the story of Mr. Mariano Tanenglian, it is the story of Dr. Lucio Tan and Mr. Mariano Tanenglian. There are 2 sides to each story. Journals and publications have published these.
Have you the guts to publish your "truths" in a public journal, whether it be in English, Filipino or Chinese, submitted with all the evidences behind all your claims?
Find the original article inside the comment section.