Records of the state-owned Clark Development Corp. (CDC) which manages this Freeport showed the contract of Linaheim was signed on October 20, 1993 or just six months after the CDC was founded.
The lease agreement covers an area of 8.8 hectares but it did not specify commitment and development provisions, unlike some other contracts during that period.
The link between Lina and Linaheim surfaced after the CDC recently terminated the contracts of some investors who allegedly failed to make productive the lands leased to them.
Among those whose contract was terminated was Hollywood Park of Korean locator Eung Il “Steve” Kim who consequently filed court cases against some CDC officials.
In a recent interview here, Lina denied reports that the lands leased to Linaheim have remained idle.
“The land is now host to Clark Cargo House and semiconductor companies Amertron and Poongsan. The rest is at the Clark airport with a warehouse operated by the 60-kilowatt solar power plant,” he said.
But Lina stressed he had already detached himself from Linaheim after his recent appointment as head of the Bureau of Customs. CDC records, however, did not reflect this.
Apparently, some of the areas leased to Linaheim have also remained idle. Records indicated that on Nov 29, 2013, Linaheim was requested by CDC to submit business plans with timelines. On Jan. 30 last year, it submitted its preliminary plans.
Lina has insisted he had also divested himself in other business ventures.
He is the owner of Lina Group of Companies (LGC) which includes Air 21, U-Freight Inc., Cargohaus, E-Konek, U-Ocean Inc., Lina Farms, LGC Logistics, 2100 Customs Brokers, Linaheim Properties, Linaheim Corporate Travel and Tours, and Credit Solutions and Business Alliances, among others.
U-Freight Philippines Inc. is one of the companies of Lina that is being investigated by the BOC for its alleged failure to pay about P1.5 billion in taxes and duties for an undisclosed number of shipments at its Pasay City warehouse.
