General Lisandro Abadia This is Me

Education

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1. 1. ABS-CBN Interactive

   www.abs-cbnnews.com/storypage. - [Cached]

   Published on: 10/6/2006   Last Visited: 10/7/2006

   Lisandro Abadia (Ret.), former AFP chief, denied he and other former RSBS officials had committed any anomaly in the pension fund's operation. He said the purchase of land at a cost of P7.8 billion was a good investment that turned sour.
   
   In a chance interview with defense reporters, Abadia refused to accept blame for the financial difficulties. At the time, he said, things were looking up, but then the economy crashed. He was referring to the 1997 Asian financial crisis.
   
   During his stint as head of the military from 1991 to 1994, Abadia served as chairman of the RSBS board of trustees in a concurrent capacity.

2. 2. Abadia charged

   www.asianjournal.com/?c=123&a= - [Cached]

   Published on: 8/12/2005   Last Visited: 8/14/2005

   THE OFFICE of the Ombudsman Thursday filed graft charges against former Armed Forces chief of staff Lisandro Abadia and eight other military officers due to the alleged 277 million pesos anomaly in the Retirement and Separation Benefits System.
   ...
   Villa-Ignacio said Abadia, as head of the RSBS Board of Trustees, approved the loans even without the approval of the defense secretary and even after the RSBS executive committee already initially disapproved the loan proposal.
   ...
   Teresa Lee-Rafols, Eugene Parone and Gerard Vasquez said former General Jose Ramiscal conspired with the other defendants and "allowed themselves to be persuaded and influenced by Abadia into approving the loan."
   ...
   Abadia, in defending the loan, said the case is "merely harassment" noting that the charges were "old, resurrected and rehashed issues" which is nothing but a "complaint for political purposes with no regard for the truth."
   ...
   Aside from Abadia and Ramiscal, the other military officers indicted were General Arnulfo Acedera, Lieutenant Generals Clemente Mariano and William Hotchkiss III, Vice Admiral Eduardo Santos, Rear Admirals Octavio Dauz and Luisito Fernandez and M/Sergeant Jose Trampeta.
   ...
   Aside from the graft case, Abadia is also facing a civil suit before the Sandiganbayan.
   
   Earlier, the Ombudsman asked the Sandiganbayan to forfeit all unlawfully acquired properties of Abadia worth more than 11.2 million pesos.
   
   Villa-Ignacio said there is more than reasonable ground that Abadia and his wife Violeta acquired during his incumbency as a public officer ill-gotten wealth amounting to 11,262,876.01 pesos "which is manifestly out of proportion to his salary."

3. 3. ABS-CBN Interactive

   www.abs-cbnnews.com/storypage. - [Cached]

   Published on: 10/2/2006   Last Visited: 10/3/2006

   One case involves Lisandro Abadia, former chief of the Armed Forces of the Philippines, and eight other RSBS executives, who approved P277-million worth of anomalous loan transactions.