Inquirer
MANILA, Philippines – The Lopez family majority said a breakdown in trust drove the removal of Federico “Piki” Lopez as president, reframing a dispute earlier centered on controversial deal terms. In a new statement, the group said it had “lost trust and confidence” in Piki, citing a lack of transparency in major transactions. READ: lopez-inc-family-feud-explodes-into-leadership-battle “Each of us is confirming that we authorized our family’s representative on the board to vote to remove Piki as president. This wasn’t an easy decision for us. And no, this wasn’t led by a single person or faction of the family. From the start, […]... Keep on reading: Lopez majority cites trust breakdown in Piki ouster
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