• Dumagats are claiming 485 hectares of land but the BSP (Banko Sentral ng Pilipinas) also claims it

• Why BSP claims the 485 hectares land? because they have a Land Title of it that was a collateral of a loan of 1.5 billion pesos by the company named CDB (Capitol Development Bank) who was owned by Villar’s family. The said loan was used to build houses in Norzagaray land because they are converting it to a real state land.

• Later, the said collateral land was foreclosed by BSP because CDB wasn’t able to pay the loan of 1.5 Billion pesos.

• So the new owner now of the 485 hectares land is BSP (they said its for auction)

Because in 1964 they were given an original land title of it

Sadly their titles where burned because a fire brokeout in the registry of deeds in Bulacan. (sounds like a mafia)

CDB get their title from a company named MBI (Manila Brickwork’s Inc.) A company that was involved in ceramics industry. Manila Brickworks was owned by Puyat’s family. The said title was issued in 1944 during the Japanese time so it is considered fake. Huh? Fake?

Because in 1995, MBI and Villar companies comes into an agreement to pursue a housing and development project in the said area and in 1998 they acquire 1.5 billion loans in BSP using the land titles that was originally coming from MBI thru CDB.

They were hit by the Asian Crisis that time so the bank closed and transferred its all assets and liabilities to Villar’s other bank, ODB (Optimum Development Bank)

In 2001, Norzagaray property was totally foreclosed by the BSP.

1. Manila Brickworks Inc, which was owned by Puyat’s family is the one who first land grabbed the Dumagats (if they are the one who created the fake land title)
2. Villar companies doesn’t have the pure intention of land grabbing the Dumagats because they give up the land that is obviously more more than 1.5 billion in price now including all the real state that is in there now.
3. It was like Villar’s companies was having a bad deal/agreement from MBI.

1. Villar should not be blamed here but the one who make the fake land titles from Manila Brickworks Inc.
2. Its true that Dumagats are the victims and they are the one who suffers now.

The statements and ideas above are collected from these websites. These I maybe wrong or got a corrupted ideas but please tell me if you have one that will clarify this issue.