APPARENT haste marked the approval in February 2007 of the new charter of the Philippine Amusement and Gaming Corp. (Pagcor), the state agency that enjoys monopoly over gambling and gaming operations in the country.

Pagcor, today the government’s third largest revenue agency, has unveiled its ambitious $20-billion “Tourism City” project, a gaming-entertainment complex that would rise on reclaimed land on Manila Bay.

Image courtesy of Pagcor website

Pagcor has accepted proposals from four groups of investors, including Bloombury Investments Ltd., a newly formed company with neither track record nor proven financial capability to roll out its $1.14-billion proposal.

Bloombury has, however, claimed a partnership with the former Publishing & Broadcasting Ltd. (PBL, now Crown Ltd.), that is chaired by Australia’s third richest man, James Douglas Packer.

The partnership was revealed a fortnight ago by Pagcor president Rafael Francisco in an interview with The South China Morning Post. Promptly, Crown issued a statement, denying that Packer or the firm was in “advanced talks” with Bloombury on the Pagcor project.

In this two-part report, the Philippine Center for Investigative Journalism (PCIJ) uncovers the mysterious and muddled ownership interests behind Bloombury, and gaps in Pagcor’s decision to enroll it as an investor in “Tourism City.”

At least two allies of President Gloria Macapagal Arroyo have been linked to Bloombury — businessman Jose ‘Pepito’ Ch. Alvarez, who is listed as president of the firm; and Enrique K. Razon Jr., whose legal counsel in the International Container Terminal Services Inc. (ICTSI). Silverio ‘Benny’ Tan, is listed as Bloombury corporate secretary.

The firm’s “managing director” is Donato C. Almeda, who has just a peso investment in Bloombury, is the brother of Antonio Mariano Almeda, chief of staff of Pampanga Rep. Juan Miguel Arroyo.

Read on at

3 Responses to Arroyo allies linked to ‘Garci’ behind mystery firm in Pagcor ‘Tourism City’


nosi balasi

July 1st, 2008 at 11:43 am

malamang di matuloy tulad ng NBN-ZTE…paging Jun Lozada…


nosi balasi

July 2nd, 2008 at 10:49 am

Last time Stanley Ho…ngayon naman si James Douglas Packer…wala naman pinagkaiba sila…parehas lang silang bangkero sa casino…this was one of the issue na nagpabagsak kay Erap (Stanley Ho, the Floating Casino)…ngayon naman JDPacker,Tourism City, hanep sa camouflage …di obvious na sugalan ang main attraction…tanong lang sa kasalukuyang gobyerno…bakit noon ay isa kayo sa kumontra sa Floating Casino…noon nga floating eh…ngayon nasa lupa na.


nosi balasi

July 4th, 2008 at 11:27 am

some things in life are uncontrollable, and some you cannot depend on. this is what kind of government we have right now…uncontrollable and not dependable. uncontrollable… even the law cannot control this govt…they can find ways to bend the law sidewards, forward, and the worst is backwards…and made the church a deaf mute mammal…not dependable…in which ways…in all ways…increasing numbers of out of school youths, heinous crimes, jobless professionals, rice outage, imbalance distribution of goods and services, political killings, jueteng operations, electioneering, illegal drugs distribution, this is the only governement that made force his own people to find jobs abroad…ang pinakamatindi at mabigat yung etc… there are many tragic incidents happened by the Philippines seas but they still allow it to happen again and again…ay oo nga…uncontrollable na gobyerno nga pala sila…they can do all the anomalous transactions and they can easily get away from it…

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