The Bases Conversion and Development Authority (BCDA) reiterates the Supreme Court’s final ruling on 22 October 2024–which upheld the 11 February 2015 Arbitral Award–rescinding the Lease Agreement between BCDA and Camp John Hay Development Corporation (CJHDevCo).
Any malicious allegations against BCDA are evidently bereft of merit given that all issues involving the matter have been resolved by the Supreme Court with finality. BCDA, as a government instrumentality, strictly adheres to the pronouncements of the highest tribunal.
This statement is meant to address and clarify issues pertaining to the recovery of Camp John Hay once and for all, and debunk any attempt by the other party to discredit the government.
All affected parties are urged to get in touch with BCDA for proper information and assistance at [email protected].