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Mecado continues to expose alleged Binay’s assets

Vice President Jejomar Binay and Makati Mayor Jun-jun Binay

Former Makati City Vice Mayor Ernesto Mercado seems to have no intentions of stopping anytime soon as he continues to expose alleged assets of Vice President Jejomar Binay.

Mercado revealed six Makati City properties of the Vice President during the hearing at the Senate Blue Ribbon Sub Committee on Tuesday.

According to Mercado, it’s an open-secret in Makati that every time a condominium building is being put up, Binay gets one unit.

Some of the condominiums where Binay enjoys having a unit include the Peak Tower Condominium, Le Triomphe Condominium, Makati Sunrise Hotel which is now the Berjaya Hotel, The Perla Compania Hotel De Suguros Mansion Condotel, The Prince Plaza Condotel and The Avignon Tower.

Also, Vice President Binay used a dummy owner for the said properties.

Mercado added that it is customary for building owners to “gift” the Vice President a unit so that it will hasten the transaction in issuing building permit, occupancy permit or discount on the massive tax that they need to pay.

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