In 2017, Roque's company Biancham went from having only P1.5 million in net cash to a P125-million cash flow in 2018. Roque attributes this to a sold family property.
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Dela Serna had since revealed that it was the Roque connection that earned him rent-free stay there, and that he and Roque had a joint bank account. Former Harry Roque aide AR dela Serna attends the resumption of the House of Representatives quad committee hearing on extrajudicial killings and illegal POGOs, on September 4, 2024.The Tuba home is owned by one of Roque’s companies called PH2LOT37 Pinewood Holdings Inc., which in turn, is owned by Biancham Holdings and Tradings Inc, named after Roque’s children.
The following year, or in 2018, PH2 had a P16-million cash flow, and Biancham had a P125-million cash flow. By the end of 2018, PH2 had P1 million cash left, and Biancham had P67 million cash left. ,” said Batangas 2nd District Representative Gerville Luistro during the August 22 hearing of the House.
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