Law firm sets record straight on Minerales

We write on behalf of Minerales Tinta Resources Corp. in connection with the article, “First Case: NBI files raps vs 5 for illegal coal trade” (7/26/19), by Aie Balagtas See.

The news article cited portions culled from the alleged complaint filed by the National Bureau of Investigation before the Department of Justice. We, however, lament the fact that the article may have arbitrarily labeled our clients as illegal coal traders as a consequence of the quoted findings/conclusions of the NBI in the alleged complaint, and the accompanying insinuations of fraud on the part of our client though such allegations have yet to be proven.

Much as we would like to respond to the accusations in the article that apparently were culled from the said alleged complaint, we will reserve our right to do so in the proper forum, where our client can readily avail itself of its right to due process.

We regret that the said article has affected the good name and reputation not only of Minerales but also of its officers and their families. Needless to state, in the forum of publicity, its goodwill stands to be impaired, to its damage and prejudice.

Allow us then to set the record straight. Minerales had been holding its office in Bacoor since 2008, for which it has the necessary permits serially issued by the local government units for its office operations. This is the same office by which Minerales had been exchanging formal communications with the Department of Energy (DOE) and other government entities since its inception.

As to the standing of Minerales as a coal trader, it is worthy to state that no less than the DOE has duly listed and published Minerales as among the Valid and Existing Accredited Coal Traders as of June 30, 2019.

Through the years, Minerales has faithfully complied with all government regulatory requirements. With this, we would like to assure our valued suppliers, customers, clients and stakeholders that it is duly accredited to deal in coal with government-prescribed parties.

CELESTINO PASCUAL & ROCHA LAW FIRM
Taft Avenue, Malate, Manila

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Editor’s Note: The Inquirer based its report on criminal charges filed by the National Bureau of Investigation with the Department of Justice against Minerales for the alleged theft of minerals and falsification of official documents. The charges stated, among others, that Minerales or any of its board members do not have a Coal Operating Contract and that they “could not be reached as they provided a false address in all their company registration with the barangay, local government, SEC and DOE.”