

Who’s Who in Bataan – JOSE RIZALINO LARION ACUZAR
JOSE RIZALINO LARION ACUZAR is one of the most successful Balanguenos who made good fortune in the construction industry. A self-made billionaire, he is the proud owner of the Galeria Victoria Mall in Balanga and the world class “Las Casas Filipinas de Acuzar” in Bagac.
“Jerry” Acuzar was born in Balanga on June 19, 1955 to parents Marcelino A. Acuzar and Maria Larion. He finished his elementary and secondary education at the Balanga Elementary School (1967) and the Arellano Memorial (Bataan) High School (1974), respectively, now the Bataan National High School (BNHS). He completed a vocational course in Drafting at the Bataan National School of Arts and Trades (BNSAT) in Balanga, now the Bataan Peninsula State University (BPSU) while working as cutter-welder in the iron works shop owned by an older brother named Ben.
Later on, Jerry put up his own iron works shop in Quezon City. He also took time to finish a college degree by enrolling at the Technological Institute of the Philippines, in Manila where he completed his Bachelor’s degree in Architecture in 1983.
In 1986, he established the New San Jose Builders, Inc. in Diliman, Quezon City, where he is the chairman of the board. The company has carved a name for itself as a top developer in Quezon City after the completion of the sports complex of the Philippine Columban Association. It was followed by multi-million peso projects at the former Philippine Refugee Processing Center in Morong.
An active member of the Contractors Association of the Philippines, Jerry was involved in several major infrastructure projects in the country. He owns the 18-storey Adriatico Grand Residences in Manila, four “Victoria” condo projects in Quezon City, the Fort Victoria project in Global City, the Victoria de Makati, three Victoria projects in Manila and finally, the Isabelle condo in Valenzuela City.He is also into finance with Real Bank, with top auditor Jose G. Araullo as bank chairman.
Jerry is married to the former Maria Theresa Ochoa, sister of President Noynoy C. Aquino’s executive secretary Paquito “Jojo” Ochoa. The couple has seven children: Jose Maria, Maria Jose, Jose Cris, Maria Theresa Jose, Ma. Francesca Jose, Ma. Isabel Jose, Ma. Victoria Jose.
The Las Casas Filipinas de Acuzar…
Formerly known as the “OLD TOWN,” Las Casas Filipinas de Acuzar is a 400-hectare seaside property in Barangay Pagasa, Bagac owned by Jerry Acuzar. It is where historically important structures or landmarks from other places are relocated “as is,” restored and preserved. He works with a team of architects, researchers, consultants, art dealers, historians, carpenters and craftsmen whom he calls “junk hunters.”
Iglesia property in The Fort sold for almost P1B
FORT VICTORIA. A joint project between the Iglesia ni Cristo and New San Jose Builders stands tall in The Fort in Taguig. Photo by Mark Z. Saludes/Rappler
MANILA, Philippines – Why is the Iglesia ni Cristo doing business with real estate developer New San Jose Builders Incorporated (NSJB) headed by chairman Jose “Jerry” L. Acuzar?
Acuzar, the brother-in-law of Executive Secretary Paquito Ochoa Jr, is also behind the Las Casas Filipinas de Acuzar in Bataan, a resort described as a “celebration of Filipino heritage.” The Acuzar-owned NSJB is also behind the construction of the estimated $200-million Philippine Arena and is likewise the developer of the Iglesia-owned Ciudad de Victoria – a massive 75-hectare complex in Bulacan that will house multiple INC buildings, including the Arena.
Three high-end condominium towers – all part of Fort Victoria in upscale Bonifacio Global City in The Fort – stand on prime property of the INC acquired in March 1998. That property, located on 5th Avenue corner Rizal Drive in Taguig City has, however, been sold by the INC for close to P1 billion ($21.62 million) to NSJB, Rappler has learned.
The Iglesia is caught in its worst crisis since it was created a hundred years ago. The current leadership has been under attack for their lavish lifestyle and their alleged misuse of the INC’s properties and resources.
Citing doctrine, one INC member said Church money should be let alone or used “prudently to purchase the needs of the Church.”
Iglesia members, who spoke on condition of anonymity for fear of being expelled, said INC properties are supposed to be used primarily for the “construction of Iglesia temples or houses of worship, the maintenance of houses of worship, supporting the ministry and their needs, and helping widows (especially of ministers) and elders.”
These properties are also supposed to be used to provide “housing for ministers” who are expected to be supported financially by their Iglesia brethren. On average, said one INC member, a minister gets a stipend of about P15,000 (about $324) a month.
As ministers, they are forbidden, along with their wives, to be involved in any money-making ventures as their lives are supposed to be consecrated to ministry, Iglesia insiders explained.
Contributions, collections and donations collected from Iglesia members are supposed to be primarily used “to build houses and buildings of worship, maintain existing houses of worship, and help the poor.” These are not supposed to be used for investments like what the Catholic Church does for some of its funds. (READ: Can we know how rich the Catholic Church is?)
Real estate investment
Documents show, however, that NSJB was supposed to develop the 5,454 square meters of Iglesia property.
According to the Housing and Land Use Regulatory Board (HLURB), Fort Victoria is selling 1,094 residential units, 20 high-end commercial units, and 1,179 parking spaces. Depending on size, residential units can cost anywhere from a little over P4 million ($86,487.52) to over P13.6 million ($294,057.57) each. A license to sell was issued by the HLURB in March 2009.
Ownership of the property, however, changed hands in December 2012 as evidenced by Transfer of Certificate Title (TCT) 164-2012002166, which cancelled the original Iglesia TCT 31187 (see below). The affidavit for cancellation was executed for the INC by lawyer Restituto S. Lazaro.
The new TCT (see below) issued in the name of NSJB transferred ownership of Fort Victoria in exchange for the payment of P944.8 million ($20.43 million), documents obtained by Rappler showed.
A memorandum of encumbrances also revealed that NSJB needed an additional P255.2 million ($5.52 million) for the condominium project – an amount the INC “is willing to lend,” the same memorandum indicated.
On top of this, NSJB took out a P2-billion loan ($43.24 million) from Banco De Oro Unibank Incorporated and mortgaged the property in 2012.
TOWERS. Fort Victoria at The Fort has 3 towers. Photo by Mark Saludes/Rappler
Domingo Garcia Jr
A partial list of unit owners in Fort Victoria’s Tower A shows that as of May 2015, a total of 24 units are in the name of one person: Domingo Comintan Garcia Jr.
Known in Iglesia circles as “JunGar” or Jun Garcia, he is said to be a favored contractor for most INC construction projects.
Eliodoro Yuson Jr, a former INC minister who was expelled because of his exposés, revealed that Garcia is likewise a close friend of Glicerio Santos Jr – the treasurer and auditor of the Iglesia – who occupies key positions in Iglesia local foundations and corporations, as well as in Felix Y Manalo foundations abroad.
Garcia is also the chairman of the board, stockholder, and president of Maligaya Development Corporation, the management arm of the Philippine Arena in Bulacan.
He is the incorporator, chairman of the board, and president of DG Garcia Construction Inc (DG Garcia), which is behind the construction of some INC chapels and other infrastructure such as the INC Museum, the INC Media Center, and the parking building of the INC’s own broadcast channel Net25.
A search with the Securities and Exchange Commission (SEC) revealed that the registration of DG Garcia has actually been revoked. The revocation of corporate papers happens when a company fails to submit on time, for consecutive years, its general information sheets (GIS) or financial statements (FS).
REVOKED. The database of the Securities and Exchange Commission clearly shows the current company status. Screenshot from SEC
SEC documents show that DG Garcia Construction was registered on February 23, 1994. Since that time, the company was able to submit its GIS for the years 2003, 2004, and 2014 only, and was able to file its FS for the years 2006-2012.
Front?
For sure, Garcia cannot occupy all units by himself. “Could he instead be holding them for members of the INC Sanggunian or Council?” asked one INC member. To workers in Fort Victoria, it is common knowledge that the units on the 25th floor are “Iglesia,” informed sources told Rappler.
The sizes of the acquired units on the topmost floors of the condominium vary – ranging from 40.6 square meters to 136.21 square meters.
Tower A, where Garcia’s units are, has 27 floors. He got 12 out of 17 units on the 25th floor, all spanning 532.69 square meters and costing P53,242,000 ($1.15 million).
Six units each on the 26th and 27th floors with a combined floor area of 695.42 square meters per floor or a total of 1,390.84 square meters were also purchased or put under the name of Garcia. These cost P139.084 million ($3.007 million).
No other units on these two topmost floors were bought by other persons besides Garcia. He, or whoever he represents, has exclusive use of them.
All in all, units under Garcia’s name had a total floor area of 1,923.53 square meters with a total cost of P192.33 million ($4.16 million).
INC’s defense
We repeatedly tried calling INC Spokesman Edwil Zabala to get the side of Garcia and the Iglesia leadership, but he did not pick up the calls.
In a separate blog post, the INC explained that there is nothing wrong with its construction of Fort Victoria. It said that there is no government law or Iglesia ruling that prohibits religious corporations to enter into a business contract with a profit-making company.
The post also relieved INC Eduardo Manalo and Santos of any liabilities by stressing that the “license to sell” issued to both INC and NSJB was issued on March 13, 2009 – 6 months even before Manalo became the organization’s executive minister.
But it was silent on Garcia’s having multiple units in the high-end condominium. – Rappler.com
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