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www.mindanaodailybalita.com VOL. 2, No. 76
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August 16, 2012
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Businessman denies ‘bankruptcy’ report By SONNY V. SUDARIA, Bureau chief-Armm
MARAWI City––A businessman yesterday belied report scattered on social networking websites that the Basher Diampuan Rasuman (BDR) Group of Companies declared bankruptcy. BDR General Manager Jacob “Coco” Rasuman said the company is willing to pay its investors and partners. Rasuman gave the assur-
ance during the August 14, 2012 emergency consultative meeting organized by the Provincial Crisis Committee headed by Lanao del
WEATHER UPDATE AS of 4 p.m. yesterday, Tropical Storm “HELEN” was estimated based on satellite and surface data at 90 km North of Laoag City (19.0°N 120.7°E) with maximum sustained winds of 75 kph near the center and gustiness of up to 90 kph. It is forecast to move West Northwest at 17 kph.Northern Luzon will have rains with gusty winds becoming stormy over Extreme Northern Luzon and the coastal waters along these areas will be rough to very rough. The rest of the country will be partly cloudy with isolated rainshowers or thunderstorms. SOURCE : PAGASA
Sur Governor Mamintal “Bombit” Al Adiong Jr. held at the Conference hall, New Capitol Buad-Sacayo, Marawi City. Multi-sectoral groups attended the emergency meeting composed of Abu Manla Lomnog, PUC-Provincial Ulama Council; Lominog Pagnao Sarip, Lanao Professional Groups; Rauf Pamaloy, Organization of Media Practitioner (OMP)
and Lanao del Sur Chapter President; and Nassir Ganda, Provincial Information Officer. During the meeting, Rasuman belied reports circulating in social networking sites–-and even on short messaging service (SMS)––that the BDR Group of Companies had declared bankcruptcy. He also belied reports that he went abroad to es-
cape from various obligations and responsibilities to the companies investors and partners. The BDR Group of Companies had its main office located at Condo Green Hills in Manila and had branches in the cities Cagayan de Oro, Iligan, and Marawi. Rasuman said the company has been operational for more than three years
and is engaged in “buy and sale” of brand new and second hand cars from its various accredited companies and partners through financing schemes. In interview, Rasuman said that he was even surprised after he learned that information has been circulating on the social networking sites that BDR declared bankcruptcy, a REPORT/PAGE 8
Umpa urges NBI to probe BDR mess By JHO PANTOJA, Reporter
CAGAYAN de Oro City––Prosecutors League of the Philippines (PLP) President and Regional Prosecutor Jaime L. Umpa yesterday called on the National Bureau of Investigation (NBI) in Northern Mindanao to probe the alleged “pyramid scam” involving businessman Jacob “Coco” Rasuman. Umpa sought for the intervention of the NBI after unidentified men abducted one of the cousins of Rasuman in Cagayan de Oro. He said that there is a need for the NBI to investigate the alleged report on “pyramiding scam” involving Rasuman to prevent untoward incidents. “If there is a need to file a case against anyone, we better do it just to ease tension among the groups,” pointed Umpa in an interview conducted by the Mindanao Daily News. In vernacular, Umpa said: “Kon mapamatud-an nga nakahimo og sala-od ang tagdumala sa maong kompanya, kinahanglan mapasakaan kini og kaso aron mawala ang tention sa nagkada-iyang dapit dinhi sa pulo sa Mindanao.” Many people have reportedly invested their money into the business scheme hoping that their P100 cash investment will double in two months time.
Groundbreaking of the P17.3 million Pamacuan Communal Irrigation Project of the National Irrigation Administration (NIA) in Pamacuan, Asuncion town in Davao del Norte. The project includes diversion dam, canal system and farm facilities for the 300 hectares of potential irrigable areas and to benefit at least 106 farmer-beneficiaries. Photo by Ben D. Arche
Govt troops capture Moro rebel base camp By CRIS DIAZ Associate editor
the breakaway Bangsamoro Islamic Freedom Fighters overran a five-hectare wellMAGUINDANAO––Gov- entrenched Moro camp on ernment troopers in hot pur- Tuesday. suit of fleeing Moro rebels of About 300 combined
government troopers backed by helicopter gunships and armored vehicles assaulted with minor resistance the well-entrenched strategic camp of the BIFF at the
Feriz mountain ranges. Col. Prudencion Asto, of the army’s 6th Infantry Division, said governments forces had flown the CAMP/PAGE 8
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