Vibal Foundation

10/04/2026

The National Labor Relations Commission (NLRC) has upheld a settlement agreement reinstating Maria Kristine Mandigma as chief executive of Vibal Group Inc., dealing a blow to efforts by majority shareholders to void the deal on claims that the company president lacked authority to sign it.

Read full story in the comments.

29/03/2026

"The Securities and Exchange Commission (SEC) recently ordered the Vibal sisters, who own majority shares in Vibal Group Inc., and former finance officers of the company, to explain alleged ghost transactions amounting to billions of pesos, corporate fraud, falsification of records and breach of fiduciary duty. Vibal is one of the country’s oldest and biggest publishing houses.

What makes the case instructive for corporate governance observers is not the specific family dynamics involved, but how internal financial controls can allegedly be circumvented when those overseeing the controls are also the ones benefiting from their absence.

The SEC’s order to comment is not a finding of guilt. It is just the beginning of a process. What is noteworthy, though, is the willingness of the regulator to examine the conduct even of majority shareholders." -Mary Ann LL Reyes, "Hidden Agenda"

The huge role of the agri-food system in our economy is beyond dispute.

26/03/2026

https://tribune.net.ph/2026/03/25/textbook-family-feud

The statistics on the survival of family businesses are not encouraging to Nosy Tarsee. A study by the Family Business Institute found that only about 30 percen

26/03/2026

"The police Internal Affairs Service (IAS) has serious investigation to do here. The fact that the arrests were warrantless, the fact that the charges filed by the police were in the main dismissed, the allegation that the arrests were directed by a private party with a stake in stopping the application of a government order: all these questions need answers." - Alex Magno, on the March 9 event at the Vibal
head office.

It is like our house is burning and our government is in suspended animation.

25/03/2026

DZMM

25/03/2026

"Mandigma’s complaint names a total of 14 respondents, including former finance officers and accounting staff, and accuses them of 458 counts of syndicated estafa and obstruction of justice.

Filed on 26 February, the complaint underwent the DOJ’s Case Build-Up (CBU) process—a preliminary review reserved for complex or high-stakes cases—before prosecutors proceeded with a formal investigation. Syndicated estafa is classified as a non-bailable offense punishable by life imprisonment."

The Department of Justice (DOJ) ordered three sisters behind one of the country’s oldest educational publishing firms to respond to criminal complaints alleging

25/03/2026

From Bombo Radyo

25/03/2026

Who's retaliating again? The board met on September 19, 2025. Mr. Gus Vibal expressly called the meeting to discuss the irregularities in view of his fiduciary duties. Instead he was ousted as chairman and president and labeled by his sisters as "traitor." May resibo.

THE Department of Justice (DoJ) has ordered the three sisters who control Vibal Group, Inc. (VGI), one of the Philippines’ oldest educational publishing houses, to respond to allegations of syndicated estafa involving an estimated P1.6-billion fraud scheme. In a subpoena dated March 19, Senior Ass...

24/03/2026

The Department of Justice (DOJ) has ordered three sisters and eleven other officers who control one of the country’s oldest educational publishing firms to formally respond to syndicated estafa allegations involving an estimated P1.6 billion.

DOJ orders Vibal Group's Vibal sisters to answer a P1.6B syndicated estafa complaint. Read about the alleged 458 counts of fraud and corporate diversion.

22/03/2026

Mula sa DZBB tungkol sa SEC investigation.