FPHC exec jumps to death
A businessman died when he reportedly jumped from the 10th floor of a building in Pasig City yesterday.
A witness saw Ferdinand Edwin CoSeteng, 54, step on a chair then jump, said Senior Inspector Roberto Garcia, Pasig police investigation chief.
CoSeteng was the executive vice president and director of First Philippine Holdings Corp. He was also a director of Rockwell Land Corp. and president of First Philippie Industrial Park Inc. and First Philippine Electric Corp, all FPHC subsidiaries.
In a statement, FPHC officials and employees said they will remember CoSeteng as a “valuable colleague, a wonderful boss, and a loyal friend.”
Garcia said CoSeteng fell from the Banco de Oro Tower 3 just before 8 a.m.
Security guard Mari Joseph Colis said he found CoSeteng’s body on the ground floor’s landscaped area after hearing a loud thud on the pavement.
CoSeteng was unconscious when he was taken to a nearby hospital. He did not make it, police said.
Garcia said investigators are still interviewing CoSeteng’s family and friends to shed light on the incident.