THE camp of Vice President Jejomar Binay suspects that the aerial survey on the family’s Batangas property last week was meant to get video footage and photos for misinformation.
Joey Salgado, spokesman and head of the media affairs division of the Office of the Vice President, said employees at JCB Farms, a piggery and flower farm leasing a property in Rosario, Batangas have reported a helicopter flying around the property last Thursday.
Salgado said JCB employees claimed that the helicopter flew around the property for about 20 minutes and it was the first time that such an incident happened.
“We will not be surprised if in the coming days, video footage or photos of the property will be circulated in media and perhaps even presented in the Senate sub-committee hearing alleging that Vice President Binay is the owner of the said property,” Salgado said in a statement.
He said JCB Farms is a mere lessee of the nine-hectare property in Rosario town.
“We are sorry to disappoint our detractors. Allow us to reiterate what the lawyers of the Vice President told media in their presentation on the Statement of Assets, Liabilities and Net Worth (SALN) of the Vice President and his spouse, former mayor Elenita Binay. In 1994, the Vice President started a piggery business in Rosario, Batangas through a sole proprietorship under the name JCB Farms. JCB Farms is duly registered in the BIR–Rosario, Batangas office,” Salgado said.
“The Leasehold Improvements introduced by JCB Farms are duly reported in its annual audited financial statements and in the tax declarations duly filed with the appropriate local government unit. A flower shop business owned by Dr. Binay [Blooms and Bouquet] has also been sourcing its flower requirements in a flower farm in Rosario, Batangas. The piggery and flower farm both explain the Vice President and his family’s visibility in Rosario. JCB Farms earned for the Vice President an additional net income of P44,350,921.88 from 1994 to 2010. During said period, the Vice President paid taxes amounting to P15,889,581.83,” Salgado said.
He added that after the 2010 elections, the Vice President disposed of his business interests for a profit in JCB Farms as well as his investments in shares of stocks. He initially invested P400,000 in stocks in 1994.