Diether in hot water over mag

Diether in hot water over mag

Actor Diether Ocampo and his partners are being sued for P3.6 million by a printing company over the alleged nonpayment of the printing of UNO men’s magazine.
In a three-page complaint, Velprint Corporation alleged that Ocampo and a certain Neil Angelo Romero, together with 5 Leaf Publishing Corporation, contracted its services from June 2 to Dec. 28, 2009 for the printing of the magazine.

Velprint said the contract for P4,124,970 was covered by postdated checks but despite completion of the job, Ocampo and his partners only settled P490,000, leaving a balance of P3,643,970 as of July 22, 2010.

Although the printing contract was in the name of 5 Leaf Publishing, the complainant alleged that Ocampo and Romero were “the accommodation parties” and as such were included in the suit.

Velprint said all three “jointly drew and delivered seven Metrobank checks amounting to over P4 million to pay for the printing job.

“But their checks were dishonored by their drawee bank when presented for payment in the maturity date of their checks on the ground ‘drawn against insufficient funds.’”

“Despite repeated demands made by the plaintiff upon the defendants to pay their remaining obligation with the plaintiff in the amount of P3,634,970, defendants failed to pay their obligation with the plaintiff.”