Businessman Ian Manuel Lo said on Wednesday, Oct. 23, that a house alleged to be owned by Bacolod Rep. Greg Gasataya at Town and Country, Talisay City, belongs to him and not to the congressman.
Lo, in a statement issued Wednesday, said “It has come to my attention that my house and lot located near Kingswood Drive, Town and Country, Talisay City, is being made an issue against Congressman Greg Gasataya and that the property is supposedly worth P50 million”.
“This is to inform the public that I am the owner of the property,” Lo said, in reaction to a post circulating on social media stating that Gasataya owns a P50 million mansion.
Lo said he bought the property on Jan. 3, 2022 for P7 million.
“This information can easily be verified with the Registry of Deeds, the Assessor’s Office, the BIR and also the Homeowners’ Association of Town and Country,” he said.
“Let me add that I and Grace Pharmacy have been active in civic and charitable works and we have partnered in the past with numerous elected officials and their offices including the Office of Congressman Gasataya,” Lo added.*