Documents show LandBank did not pay VMC for Manapla lands

With the ruling that the parcels of land it owns in Brgy. Purisima, Manapla are not covered by the Comprehensive Agrarian Reform Program (CARP), government documents show that the Land Bank of the Philippines (LBP) did not pay a single centavo to the Victorias Milling Company (VMC).

The documents show as proof contrary to the claims of the alleged CARP beneficiaries that the government through LBP already paid VMC for the alleged land conversion.

The documents obtained by the local media show that the money never left the coffers of LBP.

The first parcel of land covers 36.3849 hectares of which DAR deposited P9,034,133.93 to the LBP.

Another parcel of land in the same barangay in Manapla covers 59.5637 has. of which LBP paid P15,062,126.09.

All were deposited by LBP in the name of VMC.

Upon decision that the property in Brgy. Purisima, Manapla “is not under CARP, LBP returned the money to the coffers of the national government.”

In a letter to Engr. Leandro Caymo, director IV of the Bureau of Land Tenure and Improvement of the Department of Agrarian Reform dated October 27, 2021, Ricarte Rey of the Land Transfer Processing Department of LBP said the bank is returning to DAR claims per DAR Order of exemption for clearance from CARP coverage dated Auguy 22, 2019 and Certificate of Finality dated February 13, 2021.* (EYA)