Mercado donates part of ‘Hacienda Binay’ to government

Former Makati Vice-Mayor Ernesto Mercado voluntarily donated to the government the 42, 157 square meters property in Rosario, Batangas during the hearing of the Senate blue ribbon subcommittee Tuesday.

The deed of undertaking for the 4.2 hectare land which is part of the alleged ‘Hacienda Binay’ was handed over to Agrarian Secretary Virgilio De Los Reyes by Mercado. Secretary De Los Reyes said he will consult their lawyer on what to do with the land.

In the previous Senate probe Mercado mentioned that he was used by Vice President Jejomar Binay as dummy and the 4 hectare land inside the controversial Rosario, Batangas estate was put under his name and he also showed proof of ownership.

According to the former Makati Vice Mayor his decision to donate the said land was due to Senator Aquilino Pimentel III’s suggestion to donate the 4.2 hectare land to the government.

“He has everything to gain and nothing to lose by giving the land to the government,” Senator Pimentel said earlier.