i have a boss here who is a naturalized filipino born in HK. He now resides in HK but comes here every now & then, coz he has businesses here in the Philippines and in HK has a Plant in shenzhen. We put up a single proprietorship business in 2007 his name as a filipino but we have a share of capital deducted on our salaries. Come the start of 2010 he introduced an investor (chinoy). turns out to be a buyer. so the a buyout was made & the company was turned into a corporation & left us we no resort to take back our share of capital. worst the so called buyer illegally terminated us. So, we filed a case in labor & a criminal case. But, the old owner was nowhere to be found only the new owner was attending the preminilary hearings. So we sought to go BID to check the travel records of the old owner & found out that he was coming here in the philippines several times & meeting with the so called new owner. the report on the immigration shows that the old owners citizenship is chinese proc. I also check-out there SEC of there new company with the same name (they only added the word orporation at the end), place, equiptments & line of business as ours, the old owners name was there as board of director with filipino citizenship! The question is. Is it legal for that old owner to have 2 citizenship (filipino & chinese proc)?
Some help from u guys will be highly appreciated.