Padilla-led panel pushes 100% foreign ownership of land

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Padilla-led panel pushes 100% foreign ownership of land
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Sen. Robin Padilla on Friday released for the first time a list of his committee’s recommended amendments to the 1987 Constitution, including full foreign ownership of land. CDNDigital

In a nine-page draft report, the Senate committee on constitutional amendments and revision of codes recommended amendments to seven sections in three articles of the Charter.

All of the suggested revisions involved foreign ownership, and there were no suggested changes in political provisions, like term limits on elected officials and the theoretical prohibition on political dynasties.One suggestion was that Congress enact a law allowing foreign nationals to acquire private land not exceeding 1,000 square meters and allowing foreign corporations to acquire rural land not exceeding five hectares.

Aside from Padilla, the committee’s other members are Senators Francis Tolentino, Sonny Angara, Nancy Binay, Pia Cayetano, Ronald dela Rosa, JV Ejercito, Jinggoy Estrada, Bong Go, Grace Poe, Bong Revilla, Mark Villar and Risa Hontiveros.But, contrary to an earlier claim of Padilla, Hontiveros said she will not sign the draft report, because she believed that amending the constitution was not necessary at this time.

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