“Iglesia property in The Fort sold for almost P1B

EXCLUSIVE: The new owner of Fort Victoria in upscale Bonifacio Global City is New San Jose Builders Incorporated, owned by a businessman close to the Aquino administration

fort victoriaMANILA, Philippines – Why is the Iglesia ni Cristo doing business with real estate developer New San Jose Builders Incorporated (NSJB) headed by chairman Jose “Jerry” L. Acuzar?

jerry acuzarAcuzar, the brother-in-law of Executive Secretary Paquito Ochoa Jr, is also behind the Las Casas Filipinas de Acuzar in Bataan, a resort described as a “celebration of Filipino heritage.” The Acuzar-owned NSJB is also behind the construction of the estimated $200-million Philippine Arena and is likewise the developer of the Iglesia-owned Ciudad de Victoria – a massive 75-hectare complex in Bulacan that will house multiple INC buildings, including the Arena.

san jose buildersThree high-end condominium towers – all part of Fort Victoria in upscale Bonifacio Global City in The Fort – stand on prime property of the INC acquired in March 1998. That property, located on 5th Avenue corner Rizal Drive in Taguig City has, however, been sold by the INC for close to P1 billion ($21.62 million) …”

Read the full exclusive story here –

http://www.rappler.com/newsbreak/investigative/102564-iglesia-property-fort-victoria-sold-billion

A sad day for the Church … for Christ … for God.