Lapid's brother, journalist Roy Mabasa, confirmed this in a text message to The STAR yesterday.
"Escorial, who admitted being the gunman of Lapid, was sentenced to eight years and eight months to 16 years in prison by Las Piñas Judge Cesar Huliganga," Mabasa posted on X.
Danny Pelagio, lawyer for the victim's family, said Escorial was convicted as an accomplice.
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Developers mixed on zero lease push for telco assets
Although some are receptive, not all real estate builders support the push to eliminate lease fees for connectivity assets in property developments.
Phl eyeing P31 T clean energy investment by 2040
The Philippines is embarking on an ambitious goal of securing up to P31 trillion in renewable energy (RE) investments by 2040 to fuel the country's clean energy transition.
Landbank opens digital savings account for OFWs
State-run Land Bank of the Philippines (Landbank) has introduced a digital savings account to push overseas Filipino workers (OFWs) toward financial independence.
Phinma partners with Floirendo Group for Davao cement plant
The Phinma Group of the Del Rosario family has concretized its plan to develop a new cement manufacturing facility in Davao as it inks a deal with the Floirendo-led Anflo Management and Investment Corp. (ANFLOCOR).
Calata officers ordered to pay P8 M for market manipulation
Calata Corp., the delisted agribusiness firm of self-made businessman Joseph Calata, has been found guilty of market manipulation by the Regional Trial Court of Makati City, with its officers sentenced to pay fines totaling P8 million.
Market plunges on inflation , peso woes
Share prices retreated amid concerns on inflation as well as the peso, which slumped for a second straight trading day to fresh 19-month lows.
BSP: 150-bps rate cut 'too aggressive'
Cutting borrowing costs by 150 basis points in two years is possible, but it will be too aggressiveâ based on the economyâs current growth trajectory, according to Bangko Sentral ng Pilipinas BSP) Governor Eli Remolona Jr.
P30 M - early incentives for Olympic bets
The Paris Olympic Filipino bets will receive an incentive of at least P1.5 million each even before they leave and wade into battle in the French capital.
BEERMEN, BOLTS GEARED FOR WAR
Of all the participants in the PBA Season 48 Philippine Cup finals, Meralco veteran Cliff Hodge carries probably the strongest drive to bring home the bacon.
Modi eyes victory as India counts epic vote
India's Hindu nationalist Prime Minister Narendra Modi and his allies were heading for victory at the halfway point in the country's general election count yesterday, but with a reduced parliamentary majority.
