The 2024 majority owner of Guo's company also figures in a police arrest
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But according to a document from a Tarlac City court, Guo’s September 21, 2021 deed of assignment transferring her Baofu shares to Quezon City-based businessman Jack Uy was “spurious and simulated.” The Court of Appeals resolution thatsaid “Alice Guo never ceased to be a stockholder for Baofu” even after she won the mayorship of Bamban in 2022.
Court documents show, however, that when the Bamban local government issued Baofu environmental and building permits, on October 2021 and July 1, 2022, respectively, Guo was still listed as owner of the company. Her own sworn statement showed the same. On October 7, 2023, the Quezon City police arrested a businessman by the name of Bernard Chua for perjury. In its spot report, the cops said Chua reported a robbery in his car business in Quezon City
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