Malversation raps vs. Sobrepeña lauded

The Bases Conversion and Development Authority (BCDA) lauded the decision of the Department of Justice (DOJ) to file malversation charges against officials of the Camp John Hay Development Corp. (CJHDevCo), led by its Chairman and Chief Executive Robert John Sobrepeña, for refusing to account for the 26 BCDA-owned hotel units located in Camp John Hay Manor and Camp John Hay Suites, Baguio City and retaining the earnings generated from its operations.

In a resolution dated April 1, 2013, the Justice Department said, “In the instant case, respondents’ delayed remittance of the rental income of BCDA despite repeated demands did not extinguish their criminal liability for malversation of public funds. Again, it should be noted that the respondents did not provide any sufficient explanation for the said remittance. Thus, they are presumed to have malversed the rents due to BCDA for the period mentioned above under leaseback agreement.”