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SC paves way for release of P60B in coco levy funds

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Supreme-court-building

The Supreme Court has paved the way for the execution of its judgment on one of the coco levy cases, a move that would funnel P60 billion in funds for the benefit of an estimated 3.5 million coconut farmers.

Posted: December 11th, 2014 in Editors' Picks,Headlines,Latest News Stories,Nation,Nation | Read More »

Sarmiento not rebel, but farmer leader–KMP

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The militant peasant group Kilusang Magbubukid ng Pilipinas (KMP) on Thursday condemned the arrest of activist Aris Sarmiento, saying Sarmiento is a KMP consultant helping in the campaign for the return of coco levy funds to farmers, not a “high value” rebel leader as the military claimed.

Posted: July 18th, 2013 in Headlines,Regions | Read More »

‘Strongest testament to Marcos plunder’

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Business magnate Eduardo “Danding” Cojuangco shakes hands with former first lady Imelda Marcos during the 40th wedding anniversary of  Miriam and Narciso Santiago on Sunday. JOSEPH AGCAOILI

It’s the “strongest testament” to Eduardo “Danding” Cojuangco Jr. and the late dictator Ferdinand Marcos’ purported plunder of the coco levy funds.

Posted: July 12th, 2013 in Editors' Picks,Headlines,Latest News Stories,Nation | Read More »

What Went Before: How Cojuangco acquired his UCPB shares

In July 2003, the Sandiganbayan ruled that businessman Eduardo “Danding” Cojuangco Jr. had illegally acquired United Coconut Planters Bank (UCPB) with coconut levy funds and forfeited his shareholdings there in favor of the government.

Posted: July 11th, 2013 in Editors' Picks,Headlines,Nation | Read More »

Left farmers’ group backs probe of palm oil imports

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The militant peasant group Kilusang Magbubukid ng Pilipinas (KMP) and the claimants movement Coco Levy Fund Ibalik sa Amin (CLAIM) on Sunday declared support for a move to have Congress investigate the importation and selling of palm-based cooking oil by a sequestered oil mill.

Posted: February 5th, 2013 in Headlines,Regions | Read More »

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