Showing posts with label #QCHall. Show all posts
Showing posts with label #QCHall. Show all posts
Saturday, August 31, 2019
Violation of Anti Dummy Law filed against HDI Admix Inc., HDI Stopovers Inc, HDI Adventures Inc.,
The officers and directors of HDI Admix Inc., HDI Stopovers Inc., and HDI Adventures Inc., will have to explain themselves before judicial authorities for their alleged violation of the constitutional requirement for mass media to be 100-percent Filipino Owned.
On July 2019, a Complaint for violation of the Commonwealth Act No. 108, or the Anti-Dummy Law, was filed against the officers and directors of the 3 local mass media companies for being partly-owned by Singaporean entities.
“[T}he Respondents are the responsible officers of the above mentioned Corporations engaged in the business of mass media despite knowing that they partnered with foreign entities and/or foreign nationals”. The Complaint stated.
These companies have several lease agreements with government entities, particularly with the MMDA and Armed Forces of the Philippines.
If found culpable, the officers and directors of these companies may be punished with 5 to 15 years of imprisonment. Furthermore, these companies’ franchise and authority to operate may also be withdrawn and dissolved by the Securities and Exchange Commission, which would affect their on-going contracts and transactions with their unsuspecting clients and partners.
The respondents in the Complaint are also facing charges of Qualified Theft before Quezon City courts.
Wednesday, July 3, 2019
Another QC Court Orders Arrest of HDI Admix Executive Darmo N. Castillo and 8 others
There are now 3 RTC Branches ( Branch 104, 90, 81) in Quezon City which issued warrant of arrest against the 9 executives. The aforementioned individuals were accused of unlawfully taking millions of pesos from Media Puzzle. No bail has been recommended for the foregoing cases. Whereabouts of the accused individuals are not known as of this moment. Anyone who has pertinent information on their whereabouts are requested to notify the nearest police agencies so that warrants may be served.
Among the 9 executives, MR. DARMO N. CASTILLO and MS. PAMELA MAUREEN S. FERNANDO are also facing FALSIFICATION CHARGES and are out on bail from a warrant of arrest issued by Branch 38 of Metropolitan Trial Court.
Tuesday, June 25, 2019
QC Courts orders Arrest of 9 AD Execs
Two Regional Trial Courts in Quezon City have issued warrants of arrest
against nine directors of an out-of-home advertising company for qualified
theft against another OOH ad firm.
Quezon City RTC Branches 90 and 104 issued the warrants against HDI ADMIX
Inc. directors Chia Tzu Chern, Darmo N. Castillo, Raoul L. Buencuchillo, Athena
B. Gonzales, Pamela Maureen S. Fernando, Conchita G. Nicolas, Judycel M.
Delosreyes, Margie M. Fortin, and Joel B. Mendoza, court records showed.
The complaint in both courts accused the HDI officials of unlawfully taking
millions of pesos from Media Puzzle Inc., (http://mediapuzzle.ph/) the exclusive advertising manager for all ad spaces along the Metro Rail
Transit 3 system.
HDI Admix (https://www.hdiadmix.com/) is involved in OOH ads on waiting sheds along EDSA, along with billboards,
banners, and LED displays along major thoroughfares, its Facebook page said.
No bail was recommended for the accused, whose whereabouts “are not known
as of this moment,” court records showed.
“Anyone who may know their
location please inform the nearest police agencies so that warrants may be
served,” the QC court orders added.
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