It’s so disheartening to hear that a condominium builder has not been paying his workers’ wages on time for several months now because of his alleged addiction to gambling.
A certain “Flex Mananastaz,” owner of a construction firm that builds condominiums and homes, may soon be facing a civil suit over his failure to pay his employees’ salaries and benefits on time despite the company’s big income.
An employee of Mananastaz, who begged not to be identified, said the company’s income from the sale of condominiums and homes worth over P100 million just went to the casinos here and abroad.
Aside from Mananastaz’s gambling, his family also uses the company’s income to splurge on expensive clothes and jewelry while their employees could barely make both ends meet.
This nincompoop contractor would always blame the “late payment of clients” whenever his people’s wages are delayed, according to my source who refuted this alibi.
The source claims that his boss would lose millions in a single trip to the casino. He reportedly travels to Las Vegas almost every month to gamble but always loses big time.
And due to his losing streak in the casinos lately, his workers suffer because they were not paid for weeks or months, forcing most of his employees to resign and look for a better company.
Out of the 275 employees who used to work for this builder, only 27 decided to stay. However, they are now contemplating resigning to look for an employer who can pay them on time.
Suppliers now refuse to extend credit to Mananastaz’s company because they have not also been able to collect payments for their deliveries in the past.
The company is said to be operating without a license from the Philippine Contractors Accreditation Board (PCAB) and an accreditation from the Philippine Constructors Association (PCA).
My source said Mananastaz could not come up with the P5 million bond needed for the license and accreditation since he gambles all the company’s money, including its operational funds.
He is also reportedly wanted by several advertising agencies and a product endorser for failing to pay them millions of pesos in advertising costs and talent fees.
A long queue of clients can be seen in the builder’s office in Quezon City everyday asking for refunds for their substandard condos or housing units.
I wont be surprised if Mananastaz’s construction company will soon go bankrupt, all because of his gambling.