Tuesday, June 21, 2011

IT’S FINAL: COJUANGCO’S SMC SHARES NOT ILL-GOTTEN


By Tetch Torres, INQUIRER.net

The Supreme Court affirmed with finality its April 12 decision stating that the 20 percent share holdings in San Miguel Corporation (SMC) of businessman Eduardo “Danding” Cojuangco is not ill-gotten.

High court Spokesman Jose Midas Marquez said the justices voted to dismiss the motion for reconsideration filed by petitioners Presidential Commission on Good Government (PCGG) and petitioner-intervenors Jovito Salonga, Wigberto Tanada, Oscar Santos, Virgilio Davide, Romeo Royandayan and several others. [ FULL STORY ]