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Madrigal heiress warns SM Group about Greenhills shopping complex sale; She says her estranged husband Paqui Ortigas' share is still "conju
In his column Cocktales, which is posted on InterAksyon.com, Vic Agustin reveals: "Madrigal heiress Susana Madrigal Bayot has raised a judicial obstacle against her estranged husband, former Ambassador Francisco "Paqui" Ortigas III, joining the Ortigas clan in their planned ₱44-billion (cited as $1 billion in other reports) sale of the Greenhills shopping complex to the SM Group." Agustin cited Bayot’s counsel, Atty. Thea Daep, as the source of the information.
Published on: Mar 20, 2012 - 9:23am

In his column Cocktales, which is posted on InterAksyon.com,  Vic Agustin reveals: "Madrigal heiress Susana Madrigal Bayot has raised a judicial obstacle against her estranged husband, former Ambassador Francisco "Paqui" Ortigas III, joining the Ortigas clan in their planned ₱44-billion (cited as $1 billion in other reports) sale of the Greenhills shopping complex to the SM Group." Agustin cited Bayot's counsel, Atty. Thea Daep, as the source of the information.

 

Based on what he learned from Daep, Agustin further noted: "Paqui Ortigas holds 4.67 percent of the Ortigas holding company that in turn owns the 16-hectare shopping complex, and he needs the written consent of his wife to proceed with the announced disposal since his shareholdings have become part of the conjugal property."

 

Susana Madrigal Bayot and Francisco "Paqui" Ortigas III's "shocking" marital troubles were disclosed to the public late last year and has continued to make headlines. [Note: Read about them in "10 High Society Scandals That Rocked Manila."]

 

For more on this story, log on to InterAksyon.com.

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2 Comments
  • Genuine
    The husband must be thinking, "My, this woman is really in it for me! She's about to suck the lifeblood off me! Should've seeked a divorce from this woman a long time ago..." Oooooooppps, wala nga palang divorce sa bansang 'to... PS: There are only two countries left on planet earth that don't have a divorce law -Vatican City and The Philippines
    Mar 20 2012 @ 09:38pm     Reply   Hide replies
    • Jesuswasablackman
      As I posted previously, the fella obviously has the wherewithal to fly to the Dominican Republic or Mexico and get a "quickie" divorce - so why hasn't he done so (after all these years??)
      Mar 21 2012 @ 09:24am     Reply  
  • tambay sa kanto
    Buti na lang ordinary citizen ako, hindi mabili sa society page, hehehe! kung nagkataon pati personal problems ma-newsflash. At buti na lang wala ako mga ari arian na ganito, salamat na lang.
    Mar 20 2012 @ 03:37pm     Reply  
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