Rappler
CJHDevCo defends track record, slams ‘distorted narratives’ on John Hay project
The Camp John Hay Development Corporation (CJHDevCo) has issued a statement refuting claims that cast doubt on its integrity and contributions to the Camp John Hay development.
CJHDevCo highlighted the extensive involvement and oversight of the Bases Conversion and Development Authority (BCDA) in the project's planning and revenue-sharing.
According to CJHDevCo, the BCDA held board positions and approved key decisions, including sales involving 50-year leasehold agreements, from 2003 to 2012.
BCDA also appointed comptrollers to monitor sales revenues, ensuring that collections would cover lease obligations to the government.
CJHDevCo asserts that BCDA was a primary beneficiary of all revenues generated during the period due to this oversight.
The company stated that despite numerous breaches by BCDA, CJHDevCo remained committed to its development obligations.
Under Chairman Robert John L. Sobrepeña, CJHDevCo transformed Camp John Hay into a premier highland destination that is iconic in Philippine tourism and real estate.
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