This is the roundup of top news stories in Cebu today, April 12, 2016.

Osmeña to rescind multi-billion peso SRP sale

QUESTIONABLE. Saying the sale is not transparent and highly dubious, incoming Cebu City Mayor Tommy Osmena announced he plans to rescind the multi-billion peso sale of the SRP lots. (Photo from Tommy Osmena's Facebook page)

QUESTIONABLE. Saying the sale is not transparent and is highly dubious, incoming Cebu City Mayor Tommy Osmeña announced he plans to rescind the multi-billion peso sale of the SRP lots. (Photo from Tommy Osmena’s Facebook page)

Incoming Cebu City Mayor Tomas Osmeña said he will rescind the sale of the 45.2 hectare lot at the South Road Properties to Ayala, SM and Filinvest, citing what he described as dubious circumstances.  Ayalaland, Cebu Holdings and SM Prime Holdings won after bidding P10 billion for a 26.3 hectare property, while Filinvest Land Inc. was the highest bidder at P6.7 billion for a 19.2 hectare property.

Osmena cited three points on why the sale is dubious and said he will have a referendum to let the people decide on the SRP.

One, monopoly; there’s a monopoly in this case kay nagsabot sila ang bidder kada property. Second, discretion; the bidder can dictate what amount, what exact location and third; there’s lack of transparency, they amend the ordinance and the resolution. Tomas Osmena.

Read: Freeman: Incoming mayor to fight Big 3 over SRP sale

Cebu Daily News: Osmena says SRP sale is highly dubious, if not corrupt

Comelec urges ‘social-media’ complainants to file formal affidavits

AFTER allegations of cheating surfaced over social media last Monday, Comelec Region 7 director Jose Nick Mendros is urging those who posted to execute formal complaints. One of the most controversial complaints is a statement by a certain Erna Uy, who said she was paid P20,000 to manipulate the vote-counting machines in favor of Tomas OSmena.

I am challenging her to talk and tell whoever the names, specify the facts and never allege without proving. You’re damaging the image of people who have been doing their job. They have the right to question the validity of the result, but never in the court of public opinion. File a protest, so that the court will be given the opportunity to examine each ballot. Wag mo gawin ang protest mo sa Media. Comelec 7 Director Jose Nick Mendros.

Read: Sun.Star Cebu: Comelec dismisses allegations on VCM manipulation.

Binay won’t concede yet, will wait for end of canvassing

VICE president Jejomar Binay said he won’t concede the presidential race yet, despite trailing at No. 4 in the partial and unofficial tally. Binay, who visited the wake of former Danao, Bohol Mayor Tomas R. Gonzaga, said he will wait for Comelec to release its final official results.

I am not satisfied with the elections but I am not giving any reason in the meantime. Vice president Jejomar Binay.

Sun.Star Cebu: Despite trailing in tally, Binay won’t concede yet

Other Cebu News.

» Sun.Star Cebu: Jonas Cortes wins congressional seat

» Sun.Star Cebu: Poll workers go beyond line of duty

» Sun.Star Cebu: Comelec reminds candidates of June 8 deadline for SOCE

» Sun.Star Cebu: Lapu-Lapu collects 60 tons of garbage after May 9 polls

» Sun.Star Cebu: 400 workers, volunteers start cleaning up campaign materials

» The Freeman: Glitches delay proclamation of Gov. Davide

» The Freeman: Tommy willing to work with Rama allies

» The Freeman: LP, Duranos fail to deliver votes for presidential bets

» Cebu Daily News: Local LP allies expect to jump ship to Duterte’s camp

» Cebu Daily News: Tensions rise as Daanbantayan mayor refuses to accept defeat

» Cebu Daily News: JVR questions heavy loss, to file signature campaign vs. Gullas

 

Cebu Business News

» Sun.Star Cebu: PHL is No. 8 in top medical tourism destinations

» Sun.Star Cebu: Cebu Chamber of Commerce to invite Duterte to membership assembly

» The Freeman: PHL exports drop by 15 percent

» Cebu Daily News: Post-election euphoria boosts Philippine Stock Exchange

 

Cebu Sports News

» Sun.Star Cebu: After winning Senate seat, Arum believes Pacquiao’s career is over

» The Freeman: UV faces Ateneo; Don Bosco takes on USC in Batang PBA semis

» Cebu Daily News: Cesafi Partners Cup makes comeback on May 21