A wealthy Chinese businessman who owned a hotel and a chain of department stores in Benguet was found dead inside his house on Tuesday morning.
Henry T. Lao, 68, Lao, whose family owns Tiongsan chain of department stores in Baguio City and La Trinidad, Benguet, a hotel and liquefied petroleum gas refilling stations in the city, died from several stab wounds, police said.
Police said Lao may have been attacked on Mon- day night.
Lao’s body was found by Senior Police Office 1 Jackson Pabillo at around 10:30 on Tuesday morning at his house in No. 232 barangay Ferdinand, Baguio City police said.
Senior Superintendent Rolando Miranda, Baguio City acting chief of police, said that they are gathering all possible evidence to determine the identity of the suspect.
Miranda said that the suspect may be known by the victim as there was no sign of forcible entry in his house. Reportedly, there was a male person with the victim when they arrived at the victim’s house.
He said that the victim’s neighbors allegedly heard loud voices that seem to be arguing.
Lao’s neighbors told probers they heard a loud noise and saw a man leaving Lao’s house at about 11 p.m. on Monday.
The victim’s cellphone and wallet are missing.
Lao who also owns at least 11 luxury cars, mostly kept at his hotel along Legarda road.
He was recently recorded on phone camera furiously shouting at a lady customer in his department store whom he accused of theft.
The trade department has meted Lao with a day of customer relations seminar to rectify his alleged misbehavior.