LOS ANGELES, California (The Adobo Chronicles) – World Boxing Organization (WBO) welterweight king Manny Pacquiao has bought a Beverly Hills mansion formerly owned by Sean John Combs, popularly known by his stage names Puff Daddy, Diddy and P. Diddy.

Diddy is an American rapper, record producer, actor and entrepreneur. He and Jennifer Lopez were once a couple.

Elsa Nelson, vice president and manager of real estate firm Nelson Shelton & Associates, said three bidders had signified interest in buying the prime estate. “The two other bidders offered a much higher price but the current owners decided to sell it to world boxing icon Manny Pacquiao,” Nelson said.

Various media reports put the cost of the mansion at about $12 million (P540 million).

Immediately after being informed of the purchase, the Philippines’ taxwoman, Bureau of International Revenue Commissioner Kim Henares, filed a petition with the U.S. Internal Revenue Service (IRS) for the garnishment of Pacquiao’s new mansion, as payment for back taxes that the Filipino  boxer reportedly owes the Philippine government.

It is no secret that Henares and Pacquiao have been long at odds over what Henares claimed to be the boxer’s unpaid taxes from his U.S. boxing fights’ prize winnings.

Pacquiao will fight American Floyd Mayweather on May 2 at the MGM Grand in Las Vegas in what is being billed “The Fight of the Century.”