BUSINESSMAN Dominic L. Sytin was shot dead on Wednesday night by a still unidentified assailant, police said as of Thursday.
Mr. Sytin is CEO of United Auctioneers, Inc., chairman of Chinese truck brand Foton Philippines, and director and chairman of the board of listed company LMG Chemicals Corp.
He and his bodyguard Efren Espartero were shot at by a still unidentified male suspect in front of the Lighthouse Hotel along Waterfront Road at Subic Bay Freeport Zone on Wednesday night, Nov. 29. Mr. Sytin died on the spot and Mr. Espartero was rushed to the nearest hospital and remains critical as of this reporting.
The suspect drove away in a black Mio motorcycle heading towards the Kalaklan Gate of the Subic Bay Metropolitan Authority (SBMA).
SBMA chairperson Wilma T. Eisma in a statement said, “The Subic Bay Metropolitan Authority condemns in the strongest possible term what is apparently a targeted assassination of a business locator in the Subic Bay Freeport Zone.”
She added, “This is sad news for us, not only because a prominent businessman who has been a very active member of the Subic Freeport community has fallen prey to violence, but also because one life has been snuffed out just like that.”
“In this light, we ask for the cooperation of the public as we impose strict security measures in the Subic Bay Freeport, and urge any person with information to help authorities solve this crime,” she also said. — Vince Angelo C. Ferreras
