Diether Ocampo and partners sued by printer of UNO magazine for unpaid bills amounting to P3.6 million
Actor Diether Ocampo, along with partners Neil Angelo Romero and 5 Leaf Publishing Corp, are being sued by Velprint Corporation for supposedly failing to pay the remaining P3,643,970 balance of the printing of UNO men’s magazine, reports Inquirer.net.
According to Velprint Corporation, the three defendants contracted their services from June 2 to December 28, 2009. The total cost allegedly amounted to P4,124,970. Despite the bill being covered by post-dated checks, the printing company said they were only paid P490,000. In a Philippine Star report, they said the checks bounced due to "insufficient funds." The report also said, "Velprint asked the court to order Ocampo’s group to pay 18 percent per year in interest of their remaining obligation, from the due date of the sales invoice until the full payment is completed."
On the other hand, Ocampo told PEP.ph he has already divested his shares in 5 Leaf Publishing Corp. In a text message, he said, "It’s best that (Velprint Corporation) get in touch with 5 Leaf’s management--Butch Romero--to address this issue. I asked my lawyers to look into it to make sure everything’s okay."
The complaint was filed before the Quezon City Regional Trial Court Branch 219, and raffled off to Judge Bayani Vargas.
For more on this story, log on to Inquirer.net, PhilStar.com and PEP.ph.