Fil-Am group moves to block sale of Napoles' US properties

MANILA, Philippines -- The Washington-based Migrant Heritage Commission said it will move to block the sale of assets owned by Jeane Napoles, the daughter of Janet Lim-Napoles, in the United States.

In an e-mail to PNA Wednesday, lawyer Arnedo Valera, MHC co-director, said Filipino-American leaders would vehemently block the sale of the luxury condominium unit at the high-rise Ritz Carlton in Los Angeles, which reportedly owned by the younger Napoles, who is studying in America.



Valera said there are suspicions the condominium was acquired with ill-gotten money, as he noted that Jeane is a full-time student with no known source of income of her own.

Valera said it was Balitang America that first reported the sale of the Los Angeles condominium.

American realty websites list the 1,500 square-foot condo, which has two bedrooms and two bathrooms, with a selling price of US$ 1.475 million.

It was purchased for US$ 1.28 million in 2011.

Valera said FilAms should work together to unmask all US properties of Napoles that may have been bought with Filipino taxpayers’ money.

He also called for the "total abolition" of the pork barrel because "it is the breeding ground for corruption and plunder."

Valera said the Napoles family is believed to own at least three other real estate properties in Southern California.

These include the Anaheim Express Inn valued at about $7 million, a $1.4-million home in the affluent Canyon View gated community in Irvine, and a commercial property in the City of Covina.

source: interaksyon.com

Napoles Ritz Carlton condo in LA put on market; It can be yours for $1.4 million

A Los Angeles property under the name of the daughter of businesswoman Janet Lim Napoles has been posted for sale on at least three US-based real-estate websites.

Napoles' Ritz Carlton condo, officially under the name of her daughter, Jeane, is on the market for $1.4 million.

Ads for its sale were posted earlier this week.

The unit, with address at "The Ritz Carlton at LA Live unit no: #37i, 900 W Olympic Blvd, Los Angeles, CA 90015" is being offered at $1,475,000. Interested buyers must also factor in $1,639 monthly homeowners' association dues.

The unit is the same property that was exposed by media reports in July, a centerpiece in what was made to illustrate the Napoles' high-living, in the face of a scandal that also placed them atop a P10-billion pork barrel scam.

The unit for sale has two bedrooms, two baths, and a parking space. It is listed at 1,579 square feet, or around 146 square meters.

"The first showings of this unit are slated to begin on Friday, September 27th," the website DLXco.com  said in its post.

The ad describes the building and unit thus:

"The Residences at LA Live have far surpassed its competitors and proven to be one of the most successful and desirable properties in Los Angeles. With little inventory available, this prime floor plan is the best deal in the building and will go quickly. It has eastern views of Staples Center, downtown and the Ritz Carlton Pool and has the much desired white high gloss Snaidero Kitchen Cabinetry, oak floors in the living/dining area and a huge master suite that is usually only seen in the much larger floor plans. some of the resident amenities include full complimentary breakfast every day in the sky lounge, Ritz Carlton Spa access, wine room, billiard room and much more."

source: interaksyon.com