Makati RTC issues warrant vs. Sycip scion
THE Regional Trial Court in Makati City has issued an arrest warrant against the son of the late business tycoon Washington Sycip and several others in connection with an estafa complaint lodged against them by their former business partners.
The arrest warrants were issued by Presiding Judge Honorio E. Guanlao Jr. of Makati RTC’s Branch 57 on April 11.
Ordered arrested were officers of Alliance International Inc. (Alliance), a canning firm led by Chairman of the Board George Sycip, and board of directors Jonathan Y. Dee, Alvin Y. Dee, Joanna Y. Dee-Laurel, Teresita S. Ladanga, Grace S. Dogillo and Arak Ratborihan. The court ordered them to post a bail bond of P120,000 each for their temporary liberty.