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Kidnap pals 'killed' Japanese suspect

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Peso breaches 55 level; gov't after speculators

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Thursday, March 13, 2003 (Philippines)

Kidnap pals 'killed' Japanese suspect
WHERE ARE THE BODIES? While police were able to get instruments of the crime such as guns (presented Wednesday at press conference), they still have to recover the bodies of Japanese nationals Ryohei Sato and Hiroshi Nagai. Nagai, police said, killed Sato and was killed while they were about to dump Sato's body. (SUN.STAR FOTO)
A FIVE-MAN group, including a Japanese “con artist,” was identified as responsible for the kidnapping and subsequent killing of 70-year-old Japanese tourist Ryohei Sato, the Police Regional Office (PRO) 7 yesterday revealed.

Six weeks since Sato was reported missing, police officials admitted for the first time about what happened to the Japanese. The three major players in the kidnap-slay of Sato were only out to extort the Japanese tourist through a fake gold bar racket.

[full story]

  Local News
Council allies agree on freezing of P32M for lot
THE Cebu City Council yesterday authorized Mayor Tomas Osmeña “to exhaust all legal remedies to protect the rights and interest of the Cebu City Government,” instead of immediately paying P32 million to the Ortegas for a private lot.
[full story]
‘Loyal soldier’ Madarang admits his resentments
CEBU City Attorney Ramiro Madarang insists he can no longer stay in his job after Mayor Tomas Osmeña lost confidence in him.
[full story]
2 men tagged in ‘gang rape’ of 17-year-old, face charges
TWO men were charged Tuesday for taking part in the gang rape of a 17-year-old girl in Barangay Pardo, Cebu City last year.
[full story]

 
Business
War concerns force peso past 55 to dollar
Low tourism turnout not due to lack of flights: exec
New York Life Insurance hikes investment by P350M
 
Opinion
Editorial: ‘Untangling’ a deal
Famador: Anti-war voices
Mongaya: Cause of flooding
 
Sports
MLKP wants payback in NBL south swing
Cebu bowlers pluck titles in PBC-Youth tourney
Condura to sponsor CBF’s Summer League
 
Lifestyle
So long, hope it's not goodbye
Magsaysay: Still larger than life
Serna: Star acting award much deserved by Kris

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