Quite a show, really had us going

Don’t tell me you’re sorry ’cause you’re not
And baby when I know you’re only sorry you got caught


Take a Bow, Rihanna


Bishop who got PCSO funds was a top Ayala stockholder

A bishop who sought and received Philippine Charity Sweepstakes Office (PCSO) funds for his retirement home actually had millions invested in one of the country’s biggest conglomerates, data from the Philippine Stock Exchange (PSE) show.

According to PSE records obtained by GMA News Research, the Roman Catholic Bishop of Tuguegarao owns more than 24,000 common shares of Ayala Corp. currently valued at P8 million.

With those holdings, retired Tuguegarao Archbishop Diosdado Talamayan held about 0.0049 percent of the total shares of the company which ranked him 73rd in the Top 100 stockholders list of Ayala Corp.

The Archdiocese of Tuguegarao is just one of the Catholic archdioceses that hold substantial volumes of stocks in companies whose shares are traded on the PSE.

PSE data show that these own stocks in the Bank of the Philippine Islands (BPI), Philippine Airlines, San Miguel Corp. and PHILEX Mining Corp.

In BPI, the Roman Catholic Archbishop of Manila ranks fourth on the bank’s list of Top 100 stockholders with more than 200 million shares currently valued at P17.3 billion, and represent 6.266 percent of the bank’s outstanding shares.

Company # Shares Owned Rank in Top 100 Total Investment Value
ROMAN CATHOLIC ARCHBISHOP OF MANILA Bank of the Philippine Islands (BPI) 222,843,681 4th 12,724,374,185
ROMAN CATHOLIC ARCHBISHOP OF MLA (REAL CASA DE MISERICORDIA) Bank of the Philippine Islands (BPI) 41,408,841 8th 2,364,444,821
ROMAN CATHOLIC ARCHBISHOP OF MANILA (HOSPITAL DE SAN JUAN DE DIOS) Bank of the Philippine Islands (BPI) 22,072,182 13th 1,260,321,592
ROMAN CATHOLIC ARCHBISHOP OF MLA (HOSPICIO DE SAN JOSE) Bank of the Philippine Islands (BPI) 6,016,624 15th 343,549,230
ROMAN CATHOLIC ARCHBISHOP OF MLA (HOSP DE SA JUAN DE DIOS) Bank of the Philippine Islands (BPI) 4,285,572 17th 244,706,161
ROMAN CATHOLIC ARCHBISHOP OF MLA (MAYORDOMIA DELA CATEDRAL) Bank of the Philippine Islands (BPI) 2,664,266 21st 152,129,589
ROMAN CATHOLIC ARCHBISHOP OF MLA (ST. PAUL`S HOSPITAL) Bank of the Philippine Islands (BPI) 1,772,418 26th 101,205,068
CARMEL OF THE DIVINE INFANT JESUS OF PRAGUE, INC. Bank of the Philippine Islands (BPI) 726,819 49th 41,501,365
EL SUPERIOR DE LA CORPORACION FILIPINA DE PADRES AGUSTINOS RECOLETOS Bank of the Philippine Islands (BPI) 551,382 60th 31,483,912
ROMAN CATHOLIC ARCHBISHOP OF JARO Bank of the Philippine Islands (BPI) 491,385 64th 28,058,084
EL SUPERIOR DE LA CORPORACION FILIPINA DE PADRES AGUSTINOS RECOLETOS San Miguel Corp (SMC) 2,370,000 31st 260,700,000
SUPERIOR DE LA CORPORACION ARCHICOFRADIA DE N.P.J.N DE RECOLETOS San Miguel Corp (SMC) 1,234,603 75th 135,806,330
CARMEL OF THE DIVINE INFANT JESUS OF PRAGUE, INC. San Miguel Corp (SMC) 957,516 79th 105,326,760
ROMAN CATHOLIC BISHOP OF TUGUEGARAO San Miguel Corp (SMC) 856,639 81st 94,230,290
REAL MONASTERIO DE LA PURISIMA CONCEPCION DE NUESTRA MADRE SANTA CLARA DE MANILA San Miguel Corp (SMC) 809,834 83rd 89,081,740
SUPERIOR DE LA CORPORACION DE PADRES RECOLETOS POR BECAS Y VOCACIONES San Miguel Corp (SMC) 621,702 89th 68,387,220
CARMEL OF ST THERESE OF THE CHILD JESUS San Miguel Corp (SMC) 592,956 91st 65,225,160
THE DISCALCED CARMELITE NUNS OF CEBU San Miguel Corp (SMC) 451,864 95th 49,705,040
ROMAN CATHOLIC BISHOP OF NUEVA SEGOVIA DE VIGAN San Miguel Corp (SMC) 428,067 98th 47,087,370
ROMAN CATHOLIC ARCHBISHOP OF MANILA Philex Mining Corp (PX) 3,221,135 15th 66,677,495
RELIGIOUS OF THE VIRGIN MARY – B Philex Mining Corp (PX) 3,125,777 16th 64,703,584
RELIGIOUS OF THE VIRGIN MARY-A Philex Mining Corp (PX) 1,091,027 69th 22,584,259
ROMAN CATHOLIC BISHOP OF TUGUEGARAO Ayala Corporation (AC) 24,015 73rd 9,289,002
KNIGHTS OF COLUMBUS FRATERNAL ASSOCIATION OF THE PHILS, INC. Ayala Corporation Preferred Shares – A (ACPA) 60,000 2nd 31,800,000
ROMAN CATHOLIC BISHOP OF TAGBILARAN Ayala Corporation Preferred Shares – B (ACPR) 10,000 64th 1,015,000
DAUGHTERS OF CHARITY OF ST. VINCENT DE PAUL PHINMA Corp. (PHN) 159,575 19th 2,122,348
ROMAN CATHOLIC BISHOP OF THE DIOCESE OF JUAN DE DIOS PHINMA Corp. (PHN) 153,880 20th 2,046,604
RELIGIOUS OF THE VIRGIN MARY PHINMA Corp. (PHN) 58,975 52nd 784,368
ROMAN CATHOLIC ARCHBISHOP OF MANILA Concrete Aggregates Corp (CA) 78,846 9th 3,469,224
ROMAN CATHOLIC ARCHBISHOP OF MLA (REAL CASA DE MISERICORDIA) Concrete Aggregates Corp (CA) 13,067 18th 574,948
ROMAN CATHOLIC ARCHBISHOP OF MANILA (HOSPITAL DE SAN JUAN DE DIOS) Concrete Aggregates Corp (CA) 8,317 24th 365,948
ROMAN CATHOLIC ARCHBISHOP OF MLA (HOSPICIO DE SAN JOSE) Concrete Aggregates Corp (CA) 1,898 66th 83,512
ROMAN CATHOLIC ARCHBISHOP OF MLA (MAYORDOMIA DELA CATEDRAL) Concrete Aggregates Corp (CA) 841 97th 37,004
ROMAN CATHOLIC ARCHBISHOP OF MANILA ISM Communications (ISM) 38,399 48th 126,333
SOCIETY OF THE DIVINE WORD Filipino Fund Inc. (FFI) 6,000 24th 48,000
ROMAN CATHOLIC BISHOP OF BANGUED Filipino Fund Inc. (FFI) 1,500 49th 12,000
CATHOLIC WOMENS LEAGUE Benguet Corp. – A (BC) 215 53rd 4,107
CORPORACION DE PADRES DOMINICOS EEI 75,000 75th 256,500


Full report on www.gmanews.tv.

* * * *

Well FINALLY, mainstream media took notice. What has been reported in Newsbreak in 2004 is finally snowballing: first, through the column of Elizabeth Angsioco in Manila Standard Today, and now, Sandra Aguinaldo’s report for GMA 7.

In 2009, a friend told me to switch banks since she knew the Archdiocese of Manila is a major stockholder of BPI. Through research, I later learned it also invested in San Miguelbut wow, even in mining? And for a bishop to beg for P2,500 for government funds when he had P8 million worth of shares? (Arroyo ended up giving the bishop P200,000 through the PCSO.)

How about a round of applause? 
A standing ovation?

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