Supreme Court: Coconut Levy Funds Under Eduardo Cojuangco Are Government Owned

In a ruling of the Supreme Court (SC) en banc written by Associate Justice Presbitero J. Velasco Jr. dated Nov. 27, 2012 and with a vote of eight justices and six inhibitions, the SC denied the petition of Cojuangco questioning the ruling of the Sandiganbayan in July 2003 which declared that the subject shares as part of assets were illegally acquired from coconut levy funds.

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Presidential Task Force Delegated To Resolve Issues On Coco Levy Fund After SC’s Final Ruling

The controversial coco levy fund came from taxes imposed on coconut farmers during the Martial Law regime by alleged cronies of the former dictator President Ferdinand Marcos.

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Supreme Court’s Digitization of Court Documents Is A Step To Boost Its Operational Efficiency

Setting up an e-library and digitization of the Philippine Supreme Court documents are welcome developments for the judiciary to make it more responsive and efficient in meeting the challenge of the changing times now that the technology of the internet is at hand.

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