MANILA, Philippines -- Megawide Construction Corp. subsidiary GMR-Megawide Cebu Airport Corp. (GMCAC) confirmed that warrants of arrest were issued against the directors of its Cebu Airport project for allegedly violating the Anti-Dummy Law, maintaining it complied with "all applicable laws, rules, and regulations." "This is a procedural step to acquire jurisdiction over the persons of the said directors, [which] is being addressed with the posting of bail," Megawide said in a statement on Thursday. "This is the latest development in a long line of attempts to bring down Megawide's reputation and credibility that, will be recalled, began with its bid for the rehabilit...
Keep on reading: GMR-Megawide maintains compliance with law after arrest order issued vs directors
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Thursday, November 25, 2021
November 25, 2021
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