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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 »

Farmers storm antipoverty office

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Militant groups climb over the fences of the Dept. of Agriculture in Quezon City as they forced their way through the office to call for the return of the coco levy funds since the Marcos regime. INQUIRER/ MARIANNE BERMUDEZ

Hundreds of protesting farmers stormed the offices of the National Anti-Poverty Commission (NAPC) in Quezon City Thursday, clashing with riot policemen who tried to stop them with fire extinguishers.

Posted: February 1st, 2013 in Latest News Stories,Nation | Read More »

Farmers warn Malacañang, DAR: Don’t touch coco levy fund

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DAR_Logo

The militant peasant group Kilusang Magbubukid ng Pilipinas (KMP) and the claimants’ movement Coco Levy Funds Ibalik sa Amin (CLAIM) have expressed dismay over reports that the Department of Agrarian Reform is eyeing the coco levy fund for the Comprehensive Agrarian Reform Program (Carp).

Posted: December 28th, 2012 in Latest News Stories,Regions | Read More »

Coco levy saga far from over, says farmers’ lawyer

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Eduardo “Danding” Cojuangco Jr.  INQUIRER FILE PHOTO

The government’s receipt of P56.5 billion from San Miguel Corp. representing proceeds from the sale of its 24-percent stake in the country’s biggest food conglomerate bought with coconut levy funds is only a partial victory for the country’s coconut farmers as the amount is only part of the list of civil cases on the disposal of the fund, a lawyer for coconut farmers’ groups said Monday.

Posted: October 9th, 2012 in Latest News Stories,Nation | Read More »

Coco levy funds: ‘History repeats itself’

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Coco levy farmers trooped to the Supreme Court and asked Chief Justice Maria Lourdes Sereno to investigate SC's conflicting decisions on coco levy.

There’s a sense of déjà vu in the Aquino administration’s plans for some P100 billion in recovered assets illegally acquired with funds from the coconut levy imposed during the martial law years.

Posted: October 8th, 2012 in Editors' Picks,Headlines,Nation | Read More »

Form coco levy fund group, farmers urge Aquino

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President Benigno S. Aquino III. MALACAÑANG PHOTO BUREAU FILE PHOTO

An alliance of coconut farmers’ organizations in Quezon on Sunday appealed to President Benigno Aquino to set up immediately a mechanism to manage the P56.5-billion coconut levy fund from the proceeds of the bulk of San Miguel Corp. (SMC) shares.

Posted: October 8th, 2012 in Editors' Picks,Headlines,Nation | Read More »

SC voids 2 Estrada’s Eos to use coco levy funds

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The Supreme Court has voided two executive orders of deposed President Joseph “Erap” Estrada that sought to privatize the 27 percent share in San Miguel Corp. (SMC) stock that had been bought with coconut levy funds, ostensibly to help coconut farmers and the country’s agriculture sector.

Posted: April 21st, 2012 in Editors' Picks,Headlines,Nation | Read More »

Aquino urged to push for passage of coco levy bill

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To break the legal impasse that has been preventing the poor coconut farmers from benefiting from the billions of pesos of coconut levy funds, a peasant group leader on Monday urged President Aquino to immediately push for passage of the proposed Coconut Levy Funds Administration and Management Act (HB 3443) now pending in Congress.

Posted: April 9th, 2012 in Latest News Stories,Nation | Read More »

Aquino defers action on coco levy funds

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Benigno Aquino III.  INQUIRER FILE PHOTO

The Aquino administration has ruled out urgent use of frozen funds arising from sequestered shares of San Miguel Corp. (SMC) worth at least P85 billion to rehabilitate the troubled coconut industry pending a final decision of the Supreme Court on the issue.

Posted: April 9th, 2012 in Banner Story,Editors' Picks,Headlines,Latest News Stories,Nation,Nation | Read More »

Aquino urged to speak up on coco levy fund, or else

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President Benigno Aquino III INQUIRER FILE PHOTO

Farmers are threatening to mount protests unless President Benigno Aquino III breaks his silence on the contentious coconut levy fund after the Supreme Court ruling a year ago, which said a P60-billion block of shares in San Miguel Corp. (SMC) belonged to his uncle, Eduardo “Danding” Cojuangco, became final.

Posted: March 30th, 2012 in Editors' Picks,Headlines,Latest News Stories,Nation,Nation | Read More »

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