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This developer burns money and cuts trees.

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| February 01, 2005 | COPYRIGHT 2005 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Philippine Daily Inquirer)

Byline: Luz Rimban, Philippine Center for Investigative Journalism

(Last of two parts)

OF ALL the companies cutting trees in Quezon and Aurora provinces, Green Circle Properties and Resources Inc. stands out. For one, Green Circle is not a wood-based company. For another, its president, Romeo Roxas, burns money literally.

At public meetings, Roxas shocks crowds of peasants, environmental activists, community leaders and local government officials each time he sets fire to crisp peso bills. It's just to make a point, and the point is, according to those who heard him say it, is this: "It's easy to make ...

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