The technical team created by the Commission on Audit to evaluate and re-appraise the value of the property that is the subject of a deed of sale and contract of lease between the Negros Occidental provincial government and Ayala Land Inc. completed its data gathering work in Bacolod City yesterday, Provincial Administrator Enrique Pinongan said.
Among the matters the team looked into is the claim of Manuel Villadelgado Jr. to a portion of the land the Capitol is putting up for sale and lease, and data from the National Housing Authority and the Bureau of Internal Revenue on the cost of the land, Pinongan said.
The Capitol maintains that it has already been ruled that Villadelgado has no basis for his claim, and that the price for the sale and lease of its property is advantageous to the provincial government.
Governor Alfredo Marañon Jr. said that, hopefully, with the review of the sale and lease of the property, the COA will rule on its review of the lease and sale of the property to ALI.*CPG