SUBIC BAY FREEPORT ZONE: The founding owners and majority stockholders of Subic Bay Marine Exploratorium Inc. (SBMEI), which runs Ocean Adventure and Camayan Beach Resort here, said there was nothing illegal in the repossession of the property they initiated and the subsequent removal of the company’s former executive. Sharpe, newly-voted president and chief executive officer of the marine park replacing Arthur Tai and Laule, made the clarification to allay concerns of the Subic Bay Metropolitan Authority (SBMA) particularly its administrator and CEO Wilma Eisma, who earlier sought an explanation about the February 13 incident. Sharpe told SBMEI employees last week that Tai became involved when they approached him after the departure of former top executive Timothy Desmond from Ocean Adventure. Sharpe denied reports there were Philippine National Police (PNP)-Special Action Force (PNP-SAF) personnel present during the February 13 incident. Sharpe added that operations at the theme park and the resort have continued since February 13, with normal number of visitors and most of the 350 permanent staff continued to perform their jobs.

Source: Manila Times February 21, 2017 12:45 UTC