MONEY-GO-ROUND: Valle Verde club says it will auction Ortigas share after expulsion

February 24, 2016

Now it can be told. The current board of the Valle Verde Country Club, led by retired San Miguel Corp. president Francisco Eizmendi Jr.

, not only expelled former Ambassador Francisco “Paqui” Ortigas III, but also served notice that it would auction the founder-director’s share in restitution for Ortigas and his board’s alleged unauthorized legal expenses.