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Cong Marcoleta says mom has no direct link to Discayas

Philippines | National

Cong Marcoleta says mom has no direct link to Discayas

By Ellson Quismorio

At A Glance

SAGIP Party-list Rep. Paolo Marcoleta has denied any direct connection between his mother, Edna Marcoleta and the controversial Discaya group of companies.

SAGIP Party-list Rep. Paolo Marcoleta (Facebook)

SAGIP Party-list Rep. Paolo Marcoleta (Facebook)

SAGIP Party-list Rep. Paolo Marcoleta has denied any direct connection between his mother, Edna Marcoleta and the controversial Discaya group of companies.

"My mother, Edna Marcoleta is not a co-owner, not a regular/inside director but an INDEPENDENT director of Stronghold Insurance," Rep. Marcoleta said in a Facebook post late Sunday night, Sept. 28, the emphasis on the word his.

"That there is no direct connection between my mother and the transactions made by Stronghold and the companies of the Discayas," underscored the neophyte congressman and son of Senator Rodante Marcoleta.

The Discayas, in particular husband and wife Curlee and Sarah Discaya, are Pasig City-based contractors who are cental figures in the massive flood control projects corruption scandal.

An online report over the weekend linked Edna to the board of an insurance company that issued bonds to ghost flood control projects of the Discayas.

"An independent director is not an employee of the company, has no such material ties, no substantial shares, no hand in sales and marketing activities, no significant professional relationships with the company or its stakeholders," explained Rep. Marcoleta.

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