The Harry Stonehill Story
In the less than two decades of his stay in the Philippines, Harry Stonehill was able to build a business empire reputedly valued at around 50 Million US Dollars. The 18 corporations he started in the country were pioneering and high earning business ventures, some of which are still existing today. From tobacco to glass manufacture, to cement production and publishing, Stonehill was the uncanny businessman never ceasing in his search for new ventures. Reclaiming parts of Manila Bay and turning it into an opulent district was his original idea. Harry Stonehill was turning the country into his business playground when suddenly his luck turned sour. In 1960 he was subject to a congressional investigation on alleged tax evasion charges. What happened next in the following years was a series of events falling into places exposing Stonehill on his alleged illegal business activities. Allegations of bribery, influence peddling, economic sabotage surfaced. Alleged to be receiving money fro