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NBI clears Luis Manzano in fuel company fiasco

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Peter Andrew Acierto

The National Bureau of Investigation (NBI) Anti-Fraud Division did not include Kapamilya host and actor Luis Manzano on the list of people whom they filed a fraud case against earlier this week. The government agency shared in a statement why they excluded the actor-host in the syndicated estafa complaint they filed at the Taguig Prosecutor’s Office.Luis was a former co-owner and endorser of the said company back in 2019 and 2020. <div><a href="https://push.abs-cbn.com/2023/1/31/luis-manzano-umapela-sa-nbi-na-imbestigahan-ang-isang-fuel-company-2040" rel="noopener noreferrer" target="_blank">READ: Luis Manzano, umapela sa NBI na imbestigahan ang isang fuel company; mahigit ₱66 milyon na investment, hindi ibinalik</a></div>In their official statement released by ABS-CBN News, the NBI stated that Luis had already resigned from the company prior to the victims investing money in the company.“Notably, LUIS MANZANO, was reflected as incorporator, Chairman/CEO of FLEX FUEL only for the years 2019 and 2020, but his name was no longer reflected as such in subsequent years on the Securities and Exchange Commission (SEC) documents, owing to his resignation,” the statement read.“Hence, for this set of complainants, MANZANO was no longer connected with the company when the solicitation and receipt of investments were made,” the statement added.<div><a href="https://push.abs-cbn.com/2023/2/17/vilma-santos-on-luis-manzano-s-issue-the-truth-will-prevail-1556" rel="noopener noreferrer" target="_blank">READ: Vilma Santos on son Luis Manzano’s issue: ‘The truth will prevail’</a></div>Meanwhile, the NBI confirmed that they are still investigating the complaint made by the Kapamilya actor-host against Flex Fuel as he invested 66 million pesos in the company. Luis previously denied his involvement in the case and asserted he never took part in the business aspect of the company. He added how the important matters of Flex Fuel were never shared to him by Bong Medel.“I never took part in the management of the business. Bong conducted the business in such a way that operational matters were kept away from me,” he previously shared.Luis’s mother, Vilma Santos, stood by her son amidst all the allegations and controversies as she knows him better than everyone else. In an interview with Boy Abunda, she admitted it was such a difficult time for her family but she still believed the truth will be revealed.“You will be fine, anak. Maraming nagmamahal sa iyo and the truth will prevail. Alam ng mga tao yan. Tumutulong ka, anak, hindi ka nanloloko and I love you,” Vilma said.

Here's why Luis Manzano wasn't included in the complaint made by the NBI.

NBI clears Luis Manzano in fuel company fiasco

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NBI clears Luis Manzano in fuel company fiasco

Drew Acierto

Published August 12, 2023 10:01 AM PHT

Read More:

Luis Manzano

NBI

Flex Fuel

Vilma Santos

celebrity legal issue

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