Subic businessman’s killer tags victim’s brother as murder ‘brains’

Oscar Albayalde presents Edgardo Luib
DEADLY SIBLING RIVALRY. PNP chief Director General Oscar Albayalde presents Edgardo Luib (in bullet-proof vest), the confessed gunman in the killing of billionaire auctioneer Dominic Sytin. The suspect tagged the victim’s brother as the alleged mastermind in the murder. Others in photo are CIDG chief Director Amador Corpus and PRO3 director Chief Supt. Joel Napoleon Coronel. Photo by Alfred Dalizon

POLICE yesterday announced the arrest of the confessed gunman in the murder of Subic auction firm owner Dominic Sytin outside a hotel at the Subic Bay Freeport last November.

Suspect Edgardo Paredes Luib tagged Dennis Sytin, Dominic’s younger brother, as the alleged mastermind in the killing of the businessman.

Luib said Sytin was ordered killed by his younger brother for P1 million.

“I am pleased to announce the solution of the murder of Mr. Dominic Lim Sytin, deceased president of United Auctioneers Inc. (UAI) who was felled by the assassin’s bullets in November last year inside the Subic Bay Metropolitan Authority in Olongapo City,” said PNP chief Director General Oscar Albayalde.

The PNP chief, joined by PNP Criminal Investigation and Detection Group chief Director Amador Corpus and Police Regional Office 3 director Chief Supt. Joel Napoleon Coronel, said they considered the Sytin case to have been triggered by a “corporate sibling rivalry.”

“From all indications, the murder of Dominic Lim Sytin was apparently motivated by rivalry among corporate siblings and carried out through a gun-for-hire contract with a hitman,” Albayalde said.

Albayalde said the Special Investigation Task Group “Lighthouse” is set to file murder and frustrated murder charges against the captured gunman, Sytin’s younger brother Dennis, UAI employee Ryan Remintilla and a fourth person who was believed to have tipped off the killer of the whereabouts of the victim.

Remintilla worked in UAI using the name “Oliver  Fuentes” but was fired by Dominic in August 2018 after he was found to have redirected the company’s nearly P1 million income for his own gain.

Police discovered that after having a fall-out with his brother,  Dennis contacted Remintilla, who also had an ax to grind against the victim, and both looked for a gun-for-hire. In September last year, the two managed to find the hired gun in the person of Luib.

Albayalde said a  significant breakthrough in the investigation of the Dominic Lim Sytin murder came last February 4 when a walk-in witness provided the Olongapo City Police Office with information that established the identity of the suspect.

Luib was arrested last March 5 at the house of his live-in partner in Palmridge Subdivision, Filinvest, Sta. Maria in Sto. Tomas, Batangas.

Luis, a professional hitman, was the subject of warrants of arrest for the killing of a councilman in Bauan, Batangas and Philippine Daily Inquirer correspondent Melinda “Mei” Magsino in Batangas in 2015.