ANG DATING DAAN - 69 MILYON ng SALIGAN nasaan na?
ANG DATING DAAN - 69 MILYON ng SALIGAN nasaan na?
Video Properties
NP! ID: 2385399
Title: ANG DATING DAAN - 69 MILYON ng SALIGAN nasaan na?
File Size: 321 bytes
Created: Mon, 06/29/2009 - 7:35am
Modified: Mon, 06/29/2009 - 7:35am
File Type: multimedia (text/plain)
Licence: None (All rights reserved)


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at 15:41 on June 29th, 2009
Translation:
Main Speaker speaking:
"The church founded by Eliseo Soriano: Mga Kaanib sa Iglesia ng Dios, Haligi at Saligan ng katotohanan sa bansang pilipinas(Mga Kaanib), had properties worth 69.65 million pesos. My question: how is Soriano a "wise" man? This is how!"
"The church was dissolved. The title of the properties of the church were transfered to his name(thus becoming his personal properties)"
"He did not give importance to what was written within the church's by-laws. What is stated in the church's by-laws? Article 4, pertaining to church properties:'That all properties of this organization should be registered in the name of Mga Kaanib...'."
"Here's another one: Section 2, none of the properties of this organization can be sold or mortgaged without the written consent of two-thirds of the local and national congregations, and with the written consent of the general secretary, the general treasurer and the presiding minister."
"Therefore, in short, the properties of the church must be registered under the name of the church. These properties cannot be sold or mortgaged unless two-thirds of the members agrees to it."
"What Soriano did, because he lost the lawsuit thus losing the church name, he had the three churches namely, 'Mga kaanib...','Bayan ng Katotohanan' and 'Iglesia ni YHMSA', dissolved."
"Question: Where did the church properties, worth 69.65 million pesos, go? Here! The values ballooned! The properties are now worth 334 million plus. Proof that Eliseo Soriano mortgaged the properties, in direct violation of the church by-laws! Here's the proof, (reading document) 'These properties are subject as collateral on loan that may be granted by any government or private financing institution or bank.'"
"Eliseo Soriano mortgaged the properties. and here you will see the three parcels of lots with totals 102+ square meters."
"Soriano mortgaged these properties in violation of church by-laws"