Essayer OR - Gratuit

Sandigan affirms dismissal of forfeiture vs 3 coco levy firms

The Philippine Star

|

February 29, 2024

The Sandiganbayan has affirmed the finality of the dismissal of a forfeiture case against three of the firms created out of the Coconut Industry Investment Fund, also known as the coco levy funds, during martial law.

- ELIZABETH MARCELO

In a six-page resolution promulgated on Feb. 28, the anti-graft court’s Second Division has granted the Motion for Issuance of Entry of Judgement filed by Coconut Producers Federation Inc. (COCOFED), Coconut Investment Corp. (CIC) and the Cocofed Marketing Corp. (COCOMARK) despite the opposition of the Presidential Commission on Good Government (PCGG).

The Second Division said the dismissal of the forfeiture case against the three coco levy firms has already attained finality as the PCGG, represented in court by the Office of the Solicitor General (OSG), failed to file any appeal or motion within the 15-day reglementary period from the date of the notice of judgement.

The Second Division cited Section 2, Rule 36 of the Rules of Court, which states that “if no appeal or motion for new trial or reconsideration is filed within the time provided in these Rules, the judgement or final order shall forthwith be entered by the clerk in the book of entries of judgements.”

PLUS D'HISTOIRES DE The Philippine Star

The Philippine Star

The Philippine Star

LOVE IT OR HATE IT, 'QUEZON' ISN'T A FILM YOU CAN EASILY IGNORE

Jericho Rosales' portrayal of Manuel L. Quezon, the first president of the Philippine Commonwealth, is powerful, nuanced and brimming with conviction. He inhabits the role with intelligence and emotional honesty, showcasing his depth and maturity as an actor. No surprise if he takes home multiple Best Actor awards next year.

time to read

4 mins

November 03, 2025

The Philippine Star

Gibo to Asean: Condemn nature reserve declaration

Defense Secretary Gilbert Teodoro has called on his counterparts in Southeast Asia to condemn the harassment being perpetrated against Filipino fisherfolk in the West Philippine Sea (WPS), who are denied the right to fish in sovereign waters.

time to read

1 mins

November 03, 2025

The Philippine Star

The Philippine Star

Gatchalian wants P49-B medical aid realigned

The government's P49-billion medical assistance fund for indigent patients may be realigned to strengthen the zero-balance billing program, under a proposal by Sen. Sherwin Gatchalian, who said health care access should not depend on politicians’ discretion.

time to read

1 min

November 03, 2025

The Philippine Star

The Philippine Star

'BEAUTY AND THE BEAST' IS SET TO ENCHANT YOU IN SINGAPORE IN DECEMBER

The world has been enchanted by Disney's Beauty and the Beast for over 30 years now, starting with the original animated film that hit theaters in 1991 and became the first animated movie to receive a Best Picture nomination at the Oscars.

time to read

6 mins

November 03, 2025

The Philippine Star

The Philippine Star

BBM meets with Chile, South Korea leaders

President Marcos arrived in Manila yesterday following his participation in the Asia-Pacific Economic Cooperation (APEC) Summit in South Korea.

time to read

3 mins

November 03, 2025

The Philippine Star

The Philippine Star

CHAD BORJA MAKES MEDELLIN IN CEBU BENEFICIARY OF COMEBACK SHOW

The September 30 earthquake, which had Bogo, Cebu as the epicenter, killed a number of people, destroyed hundreds of houses and devastated thousands of individuals.

time to read

5 mins

November 03, 2025

The Philippine Star

Xi delivers veiled warning to nations not to take the US' side

Chinese leader Xi Jinping, the de facto geopolitical heavyweight at an Asia-Pacific economic summit, on Friday courted countries for trade and investment, but also implicitly warned them not to join the United States in reducing the world's reliance on Chinese supply chains.

time to read

1 mins

November 03, 2025

The Philippine Star

'Inflation stays below 2% in Oct'

Price growth seen below target for 8th straight month

time to read

2 mins

November 03, 2025

The Philippine Star

The Philippine Star

Raps vs anti-Discaya protester junked

Environmental activist Jonila Castro did not lead or organize the Sept. 4 protest at the Discaya-owned St. Gerrard Construction office in Pasig, according to the city prosecutor's office.

time to read

1 min

November 03, 2025

The Philippine Star

Left behind, again!

According to reports from Kuala Lumpur where the ASEAN Summit conference was held last week, the US granted a zero percent import tariff exemption to three outheast Asian countries — Thailand, Malaysia and Cambodia — under new trade agreements approved directly by US President Donald Trump.

time to read

4 mins

November 03, 2025

Translate

Share

-
+

Change font size