Thursday, June 13, 2024

Sandigan affirms forfeiture of ex-Customs exec’s property

The Sandiganbayan has affirmed a Manila court docket ruling allowing the authorities to legitimately seize the suspected sick-gotten belongings of a retired Bureau of Customs. In a 28-web page selection dated July 18, the court’s Third Division denied the appeal of former Customs Operation Officer Manuel Valencia on the Manila Regional Trial Court Branch 37’s Sept. 15, 2015, order in favor of the Office of the Ombudsman.

The 2015 courtroom order granted on appeal the Ombudsman’s forfeiture petition covering five contiguous parcels of land in Parañaque City received in 1988 for P1,225,070.00 despite Valencia’s best annual fundamental earnings of P47,622.00 at the time.

The Sandiganbayan stated the Manila RTC correctly dominated that the land purchase became “glaringly out of percentage” to Valencia’s revenue. It brought that he didn’t gift evidence to conquer the presumption of the anomaly. “All informed, shop for his bare allegations, respondent-appellant has not provided any adequate substantiation to his alleged other lawful assets of profits,” the decision examines.


Although Valencia claimed he could use the proceeds of the 1977 sale of his family’s property in upscale Dasmariñas Village in Makati City, the courtroom reported that the canceled title no longer indicates the sale’s value. Valencia argued that the court needs to have taken the judicial word of the truth that the high residences within the area were highly-priced, but the selection said that “courts cannot take pleasure in guesswork.”

The court also discussed that even though the Dasmariñas assets changed into offered for a sizable sum, he is unlikely to preserve all that quantity for the subsequent 11 years before shopping for the Parañaque plenty. “The daily prices of life might have whittled away from the said amount,” study the decision.

“On the opposite hand, had such a quantity certainly remained intact or placed to work in lawful trade or deposit, the identical might have been easily installed by even the barest of documentary evidence.” The anti-graft court docket also rejected Valencia’s argument that the forfeiture proceedings should not have come about underneath the res judicata doctrine, which has barred the relitigation of an already settled count number.


Valencia tried to cite the Court of Appeals and Supreme Court’s June 2008 and April 2011 decisions to set aside the Ombudsman’s administrative ruling, finding him responsible for dishonesty and disregarding him from the authorities.

However, the Sandiganbayan cited that the executive ruling tackled dishonesty, not his potential as a public officer to buy real houses. SFM Property Managers Owe Fiduciary Duties to Their Clients at Minimum “Fiduciary” is largely described by using Black’s Law Dictionary as a period derived from Roman regulation, which means that, as a noun, someone or legal entity, holding the character of a trustee, with admire to the belief and confidence involved as scrupulous appropriate-religion and candor in the direction of another’s affairs.

A fiduciary also has responsibilities that can be described as top faith, belief, special confidence, and candor toward any other’s interests. Typical fiduciary duties are imposed on and encompass such relationships as executor, administrator, trustee, actual property agents, attorneys, and direction assets managers. An individual or organization who manages cash or assets, i.e., the supervisor, must exercise preferred care for other humans. The hobbies of the money or belongings owners are positioned above and beyond those of the property manager. In a few states, like California, an assets manager is statutorily defined as a person or entity with the same obligations as a trustee, i.e., a fiduciary.

I always explain it to clients, using my hands to illustrate, because my hobbies quit at the pinnacle of my head (one hand on the crown of my head). However, the purchaser’s hobby upward thrusts above and beyond my head and takes precedence over my own (maintaining both fingers above my head in a clasped role). Most people understand the gesture and realize that as a property supervisor and a legal professional, my pastimes are much lower than those of the clients in our relationship.

Common Fiduciary Duties Owed by way of Property Managers.

Since a belongings supervisor is a fiduciary, they should act with the highest top-faith and honest dealing with recognize to the owner’s asset, divulge all material records that may affect the proprietor’s decision-making with admire to that asset and can’t in any manner, form or form act adversely to the owner’s hobbies. This may also sound easy, but some conditions cause even great property managers to occasionally no longer act on their customers’ pleasant hobbies to fit their self-interested convenience. Unfortunate as it can sound, it takes place regularly.

The following is a short listing of some commonplace experience obligations, rights, and wrongs when a fiduciary courting exists between a supervisor and a proprietor. A supervisor must have a written agreement with their customers and may even be legally entitled to make the most of their offerings to the proprietor; however, a manager might not secretly profit from this relationship.

For instance, a manager might also price an eight percent markup on materials and offerings provided by carriers to the owner’s assets. This is the prison and suitably provided that the settlement between the events corresponds with the markup. The regulation requires an belongings supervisor to disgorge or relinquish any mystery profits derived from the connection if this markup is not in the territory. There are so many possible examples of this. Still, a not unusual one is a supervisor creating a percent income on work and offerings supplied to their clients but not disclosed, like a brand new roof, bathroom remodels, maintenance to indoor walls, and many others.

William J. McGoldrick
William J. McGoldrick
Passionate beer maven. Social media advocate. Hipster-friendly music scholar. Thinker. Garnered an industry award while merchandising cannibalism in Gainesville, FL. Have some experience importing human hair in Minneapolis, MN. Won several awards for consulting about race cars in the government sector. Crossed the country developing strategies for clip-on ties in Washington, DC. Spent a weekend implementing Virgin Mary figurines in West Palm Beach, FL. Had moderate success promoting Elvis Presley in Ocean City, NJ.

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