Edge Davao 5 Issue 85

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EDGEDAVAO

P 15.00 • 20 PAGES

VOL.5 ISSUE 85 • JULY 1 -2, 2012

www.edgedavao.net

Serving a seamless society

Indulge Page A2

Man abducts, murders uncle

By Jade C. Zaldivar

M

ANHUNT operations are still going on at press time for one Micheal Lim, suspect in the abduction murder of his uncle Eduardo Valdez, 76, a prominent businessman. Valdez was discovered dead inside Lim’s abandoned apartment in El Rio Subdivision, Bacaca, Davao City, last June 28 by police au-

n Gets P5 million from family after killing victim

thorities after the suspect had demanded a P5- million ransom from the victim’s family. Sr. Supt. Ronaldo dela Rosa, Davao City Police Office (DCPO) director, told Edge Davao last Saturday that he had ordered for a manhunt for Lim. Victim Valdez was reported missing since

June 19 and was last seen in Tagum City. Dela Rosa said that Lim handled Valez’ financial affairs. Valdez had discovered that huge amounts were withdrawn from his bank account, prompting him to confront Lim. “His (Valdez’) account was nearly de-

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Focus on Kadagayaan Page 10 Sports Page 18

ST. PETER’S DAY. It was a full house at the San Pedro Cathedral on Friday when parishioners observed St. Peter’s Fiesta. [KARLOS MANLUPIG]

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Antonio O. Floirendo dies at 96 T HE VISIONARY whose enterprises have been employing tens of thousands of professionals and workers for more than six decades now is dead. Don Antonio O. Floirendo Sr. passed

away early Friday evening in a Manila hospital. He was 96. The remains of the chairman of the ANFLOCOR Group of Companies lie in state at the Floirendo residence in 88 Cambridge Circle at Forbes Park, Makati City.

An obituary statement issued by the management of the 20 ANFLOCOR-affiliated companies said that the remains of their chairman will be brought to Davao, but that further details on funeral arrangements

FANTONIO, 17


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