Monday, July 18, 2011

Quite a show, really had us going

Don't tell me you're sorry 'cause you're not
And baby when I know you're only sorry you got caught


- Take a Bow, Rihanna


Bishop who got PCSO funds was a top Ayala stockholder


A bishop who sought and received Philippine Charity Sweepstakes Office (PCSO) funds for his retirement home actually had millions invested in one of the country's biggest conglomerates, data from the Philippine Stock Exchange (PSE) show.

According to PSE records obtained by GMA News Research, the Roman Catholic Bishop of Tuguegarao owns more than 24,000 common shares of Ayala Corp. currently valued at P8 million.

With those holdings, retired Tuguegarao Archbishop Diosdado Talamayan held about 0.0049 percent of the total shares of the company which ranked him 73rd in the Top 100 stockholders list of Ayala Corp.

The Archdiocese of Tuguegarao is just one of the Catholic archdioceses that hold substantial volumes of stocks in companies whose shares are traded on the PSE.

PSE data show that these own stocks in the Bank of the Philippine Islands (BPI), Philippine Airlines, San Miguel Corp. and PHILEX Mining Corp.

In BPI, the Roman Catholic Archbishop of Manila ranks fourth on the bank's list of Top 100 stockholders with more than 200 million shares currently valued at P17.3 billion, and represent 6.266 percent of the bank’s outstanding shares.
Company# Shares OwnedRank in Top 100Total Investment Value
ROMAN CATHOLIC ARCHBISHOP OF MANILABank of the Philippine Islands (BPI)222,843,6814th12,724,374,185
ROMAN CATHOLIC ARCHBISHOP OF MLA (REAL CASA DE MISERICORDIA)Bank of the Philippine Islands (BPI)41,408,8418th2,364,444,821
ROMAN CATHOLIC ARCHBISHOP OF MANILA (HOSPITAL DE SAN JUAN DE DIOS)Bank of the Philippine Islands (BPI)22,072,18213th1,260,321,592
ROMAN CATHOLIC ARCHBISHOP OF MLA (HOSPICIO DE SAN JOSE)Bank of the Philippine Islands (BPI)6,016,62415th343,549,230
ROMAN CATHOLIC ARCHBISHOP OF MLA (HOSP DE SA JUAN DE DIOS)Bank of the Philippine Islands (BPI)4,285,57217th244,706,161
ROMAN CATHOLIC ARCHBISHOP OF MLA (MAYORDOMIA DELA CATEDRAL)Bank of the Philippine Islands (BPI)2,664,26621st152,129,589
ROMAN CATHOLIC ARCHBISHOP OF MLA (ST. PAUL`S HOSPITAL)Bank of the Philippine Islands (BPI)1,772,41826th101,205,068
CARMEL OF THE DIVINE INFANT JESUS OF PRAGUE, INC.Bank of the Philippine Islands (BPI)726,81949th41,501,365
EL SUPERIOR DE LA CORPORACION FILIPINA DE PADRES AGUSTINOS RECOLETOSBank of the Philippine Islands (BPI)551,38260th31,483,912
ROMAN CATHOLIC ARCHBISHOP OF JAROBank of the Philippine Islands (BPI)491,38564th28,058,084
EL SUPERIOR DE LA CORPORACION FILIPINA DE PADRES AGUSTINOS RECOLETOSSan Miguel Corp (SMC)2,370,00031st260,700,000
SUPERIOR DE LA CORPORACION ARCHICOFRADIA DE N.P.J.N DE RECOLETOSSan Miguel Corp (SMC)1,234,60375th135,806,330
CARMEL OF THE DIVINE INFANT JESUS OF PRAGUE, INC.San Miguel Corp (SMC)957,51679th105,326,760
ROMAN CATHOLIC BISHOP OF TUGUEGARAOSan Miguel Corp (SMC)856,63981st94,230,290
REAL MONASTERIO DE LA PURISIMA CONCEPCION DE NUESTRA MADRE SANTA CLARA DE MANILASan Miguel Corp (SMC)809,83483rd89,081,740
SUPERIOR DE LA CORPORACION DE PADRES RECOLETOS POR BECAS Y VOCACIONESSan Miguel Corp (SMC)621,70289th68,387,220
CARMEL OF ST THERESE OF THE CHILD JESUSSan Miguel Corp (SMC)592,95691st65,225,160
THE DISCALCED CARMELITE NUNS OF CEBUSan Miguel Corp (SMC)451,86495th49,705,040
ROMAN CATHOLIC BISHOP OF NUEVA SEGOVIA DE VIGANSan Miguel Corp (SMC)428,06798th47,087,370
ROMAN CATHOLIC ARCHBISHOP OF MANILAPhilex Mining Corp (PX)3,221,13515th66,677,495
RELIGIOUS OF THE VIRGIN MARY - BPhilex Mining Corp (PX)3,125,77716th64,703,584
RELIGIOUS OF THE VIRGIN MARY-APhilex Mining Corp (PX)1,091,02769th22,584,259
ROMAN CATHOLIC BISHOP OF TUGUEGARAOAyala Corporation (AC)24,01573rd9,289,002
KNIGHTS OF COLUMBUS FRATERNAL ASSOCIATION OF THE PHILS, INC.Ayala Corporation Preferred Shares - A (ACPA)60,0002nd31,800,000
ROMAN CATHOLIC BISHOP OF TAGBILARANAyala Corporation Preferred Shares - B (ACPR)10,00064th1,015,000
DAUGHTERS OF CHARITY OF ST. VINCENT DE PAULPHINMA Corp. (PHN)159,57519th2,122,348
ROMAN CATHOLIC BISHOP OF THE DIOCESE OF JUAN DE DIOSPHINMA Corp. (PHN)153,88020th2,046,604
RELIGIOUS OF THE VIRGIN MARYPHINMA Corp. (PHN)58,97552nd784,368
ROMAN CATHOLIC ARCHBISHOP OF MANILAConcrete Aggregates Corp (CA)78,8469th3,469,224
ROMAN CATHOLIC ARCHBISHOP OF MLA (REAL CASA DE MISERICORDIA)Concrete Aggregates Corp (CA)13,06718th574,948
ROMAN CATHOLIC ARCHBISHOP OF MANILA (HOSPITAL DE SAN JUAN DE DIOS)Concrete Aggregates Corp (CA)8,31724th365,948
ROMAN CATHOLIC ARCHBISHOP OF MLA (HOSPICIO DE SAN JOSE)Concrete Aggregates Corp (CA)1,89866th83,512
ROMAN CATHOLIC ARCHBISHOP OF MLA (MAYORDOMIA DELA CATEDRAL)Concrete Aggregates Corp (CA)84197th37,004
ROMAN CATHOLIC ARCHBISHOP OF MANILAISM Communications (ISM)38,39948th126,333
SOCIETY OF THE DIVINE WORDFilipino Fund Inc. (FFI)6,00024th48,000
ROMAN CATHOLIC BISHOP OF BANGUEDFilipino Fund Inc. (FFI)1,50049th12,000
CATHOLIC WOMENS LEAGUEBenguet Corp. - A (BC)21553rd4,107
CORPORACION DE PADRES DOMINICOSEEI75,00075th256,500



Full report on www.gmanews.tv.

* * * *

Well FINALLY, mainstream media took notice. What has been reported in Newsbreak in 2004 is finally snowballing: first, through the column of Elizabeth Angsioco in Manila Standard Today, and now, Sandra Aguinaldo's report for GMA 7.

In 2009, a friend told me to switch banks since she knew the Archdiocese of Manila is a major stockholder of BPI. Through research, I later learned it also invested in San Miguelbut wow, even in mining? And for a bishop to beg for P2,500 for government funds when he had P8 million worth of shares? (Arroyo ended up giving the bishop P200,000 through the PCSO.)


How about a round of applause? 
A standing ovation?


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