DOJ probes Filipino-Indian family squabble over ₧1B worth of estate property, business interests

  • 📰 BusinessMirror
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 59%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

THE Department of Justice (DOJ) on Thursday started its probe into the family dispute of a Filipino-Indian family involving more than P1 billion worth of estate properties and business interests. The DOJ’s preliminary investigation stemmed from the complaint filed by Amith Prem Chandiramani against his controversial and high-profile brother-businessman Rajiv Chandiramani, their…

THE Department of Justice on Thursday started its probe into the family dispute of a Filipino-Indian family involving more than P1 billion worth of estate properties and business interests.

Magpantay said the case involves the disposition of several properties worth over P1 billion which were left behind by patriarch Prem Chandiramani following his death in 2011. Also named as respondents were Janet Cardinal, Maria Anita Turqueza, Rommel Olaybar, Christina Gutierrez and Angelito Manuel.

Amith said he was shocked upon learning about that the illegal transfer and eventual sale of the properties started sometime in 2018 or seven years after his father’s death. Using the same falsified documents, Rajiv allegedly succeeded in mortgaging the property while using the name of their dead father to the Land Bank of the Philippines. Amith revealed that another 660-square-meter property in Cubao, Quezon City was also fraudulently taken from him by Rajiv after “his father allegedly sold it to MyView Philippines Inc. for P32.5 million on November 19,2019.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 19. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WATCH: Japanese AI company launches avatars that can speak Filipino, TaglishJapanese AI company Rinna says marketers and public speakers can do away with repetitive tasks with the use of AI avatars
Source: rapplerdotcom - 🏆 4. / 86 Read more »