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Sep 24th
Re: How Manny and Cynthia Villar Accumul PDF Print E-mail
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Sunday, 07 February 2010 08:27
Re: How Manny and Cynthia Villar Accumulated their Wealth Dear Dr. Eddie: While I am not a spokesman of Sen. Manny Villar, it is my duty as your friend, Eddie AAA Calderon, Ph.D., and as a trained journalist, to tell you the truth (or at least the public knowledge) of how he and his wife, Rep. Cynthia Aguilar-Villar accumulated their wealth. But with due respect to you, you are wrong -- by a mile or so -- when you said that the Villars accumulated "such wealth in a short period of time." Manny and Cynthia Villar and the Aguilar Family accumulated their wealth the traditional way: They earned it by working hard and investing wisely as real-estate owners and developers over the span of at least three generations. Manny Villar is an intelligent and talented entrepreneur and a very-fortunate man. He married Cynthia Aguilar, whose family has extensive original land holdings in Las Piñas. The Aguilars are probably the biggest original landowners in Las Piñas and they kept on enlarging their holdings in Las Piñas and moved on to Parañaque, Alabang and adjacent towns and cities by buying more raw lands and developing them into prestigious subdivisions and commercial properties for as long as people in their original town of Las Piñas could remember. I first got to know of the Aguilar real-estate holdings in 1973 when I purchased a house and lot in Paranaque. But I did not buy my modest residence from the Aguilars but from the BF Homes. The real-estate broker who sold me the property was also an agent of the Aguilars and he showed me some of their holdings. And that was 37 years ago. Therefore, the real-estate business of the Aguilars and the Villars has an exemplary track record of more-than four decades. Forty years is not a "short period of time." It is an eternity. Since everybody wants to know -- from your home city of Minneapolis to Manhattan to Manila -- on how Manny and Cynthia Villar became the fourth (or fifth) richest couple in the Philippines, I will prepare for you, my Dear Friend, and other readers of our online publication an article tentatively entitled, "The Arithmetic of Manny Villar's Quest for the Presidency." Perhaps my coming article will put to rest most of the questions and accusations that some people, especially the Villar critics and detractors, have been asking and spreading. Truth will out and people should really appreciate the financial success story of the Villar Couple that it achieved mainly through hard labor -- instead of condemning them as "traditional politicians" when they are not -- by the proverbial mile. Abangan, Dr. Eddie, and enjoy the Super Sunday. (And I hope that your Vikings will be in the big game next year). Mabuhay, Lolo Bobby M. Reyes Editor In a message dated 2/6/2010 1:08:55 P.M. Pacific Standard Time, writes: This is a very interesting topic. I tuned in to Winnie Monsod's radio/tv commentary hinging on her theme that a picture was worth a thousands words. I advise readers to listen to her broadcast the the documents that she presented --the road map, the legislative papers, etc. I did read the rebuttals in support of Speaker Villar's position. I am reluctant to share Ms Monsod's televised comments to my non-Filipino colleagues because that will only fortify their beliefs that our country is corrupt and beyond redemption. But as Ms Monsod said, read all the facts pro and con and then formulate your own decision. But the coastal road issue is not the only issue that is againt Speaker Villar. E-mails I read have not answered the questions how Mr. Villar accumulate such wealth in a short period of time. And I am waiting for an article showing his response to this queston. Eddie
This is a comment on "Manny Villar’s Lawyer Points to Columnist Solita Monsod Errors in her January 30th Column"

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