The family of Angela Montenegro, wife of Rep. Juan Miguel “Mikey” Arroyo, is in a messy property dispute involving a foreclosed mansion in Barangay Forbes Park, Makati.
According to the Inquirer, the Montenegros used to own the 1,750-sq m lot at 132 Cambridge Circle, North Forbes. It was said to have been mortgaged to the Bank of the Philippine Islands in the 60s for a PHP135.8 million loan. The said house, however, was foreclosed by the bank and later bought by businessman Emilio Tiu for PHP101 million.
Now that the new owner is trying to claim the property, Angela’s brother, Gregorio Montenegro, refuses to leave the house despite orders signed by Judge Winlove Dumayas of the Makati Regional Trial Court Branch 59.
