April 13, 2018
SEC EN BANC CASE NO. 05-13-291
NESCO INTERNATIONAL DEVELOPMENT CORPORATION, petitioner, vs. MEGAWORLD CORPORATION and ENFORCEMENT AND PROSECUTION DEPARTMENT, respondents.
DECISION
This is an Appeal from the Letter-Order of the ENFORCEMENT AND PROSECUTION DEPARTMENT (EPD) 1 dated 23 April 2013, where NESCO INTERNATIONAL DEVELOPMENT CORPORATION (NESCO)'s complaint against MEGAWORLD CORPORATION (MEGAWORLD) for Serious Misrepresentation 2 was dismissed for lack of jurisdiction over the subject matter.
NESCO alleged in its Complaint that MEGAWORLD was misrepresenting to the public that it has genuine title to certain lots in the City of Manila — i.e., the lots upon which City Place at Binondo Condominium and Lucky Chinatown Plaza Mall are currently standing — and that these land titles are fake, acquired in conspiracy with the City Government of Manila during the term of former President Gloria Macapagal-Arroyo. The EPD dismissed NESCO's Complaint because it could not be resolved without ruling on the validity of land titles, a matter outside its jurisdiction.
The pertinent portions of the assailed EPD Letter-Order read thus:
Please be informed that after careful examination of NESCO's allegations,...
