MANILA, Philippines — The Department of Justice (DOJ) has ordered the filing of criminal charges against an Indonesian businessman and five others. The case stemmed from the complaint filed against the respondents by San Miguel Holdings Corp. (SMHC). The SMHC alleged that Wahono misrepresented his company, PT Citra Lamtoro Gung Persada (CLGP), as the legal owner of Citra Central Expressway Corp. (CCEC) whose shares were acquired by the SMHC. The complaint further alleged that Wahono entered into a separate partnership with the SMHC to undertake the Skyway’s Stage 3 project. The DOJ gave weight to the complainant’s allegations that the respondents defrauded the CCEC, resulting in the misappropriation of funds contributed by the SMHC to CCEC.

Source: Philippine Star September 16, 2018 15:22 UTC