When the media uncovered the buyout a few months after it was consummated on December 15, 1983, Danding Cojuangco tried hard to hide from the public the key institutions involved in the sale.
Marcos and Danding were not satisfied with only a minority share in the company. They preferred to get San Miguel’s controlling interest.
Known to be honest, Iggy Arroyo surprises his provincemates with his claim that he is Jose Pidal IGNACIO TUASON ARROYO JR. IS THE KIND of guy political operators usually consider a good candidate for election. Fine-fea tured, slick, scion of a landed family, he is a successful businessman and brother-in-law of the incumbent president. He [...]
Danding set up UCPB to gain control of the coconut industry’s lifeblood (The following are excerpts from the book Tainted Wealth, a chronicle of how businessman Eduardo Cojuangco amassed his wealth. The story is set against the backdrop of the rise of cronyism in the country, highlighting the intricate relationship between business and politics, especially [...]
The arrest of the NBFs chief medico-legal officer receiving marked money tarnishes the credibility of autopsy reports
Farmers now live in fear of cancellation of their titles and loss of their land
Gov’t fails to factor in inflation in 2003 budget THE P804.2-BILLION NATIONAL BUDGET CONSTITUTES THE “MOST potent weapon in our arsenal,” President Arroyo said in her State of the Nation Address. “It is also the biggest stone upon which we lay the foundation of a strong republic.” To give substance to that pronouncement, she submitted [...]
Members of a communist rebel faction have made peace with the government. But many question their real intent. THEY OPENLY HOLD OFFICE near the town center of Don Salvador Benedicto, a municipality in central Negros Occidental. They carry firearms covered by permits to carry issued by the Philippine National Police. They arrest suspected criminals hiding [...]
An aborted compromise settlement on the coconut levy funds would have given him more room for legal maneuvers Eduardo “Danding” Cojuangco Jr. would have been the happiest man in the country last week, but President Arroyo spoiled the fun for him. Bowing to public pressure, the Chief Executive decided against signing a proposed compromise settlement [...]
The illegal trade continues – with the blessings of the powers that be. Only the characters change. It probably comes as no surprise, but even if Joseph Estrada—whose name during his presidency was often whispered by friends and foes alike as the Number One protector of big-time smuggling syndicates— no longer lives in Malacañang, the [...]
Danding Cojuangco seeks to legitimize his business empire Proceeds from the controversial levy were said to be used to acquire various assets, including 47 percent of the shares of stocks in food and beverage giant San Miguel Corporation (SMC), now worth about P100 billion. The deal, if it pushes through, will relinquish ownership of 27 [...]
Philhealth’s capitation fund: yet another source of abuse?
Bogus claims haunt Philhealth
Compassionate care eludes post-abortion patients
Desperate women seek desperate measures
‘Hello, Garci’ officer returns to intel community
Leaked copy of PNoy’s ‘SONA’
Our Beijing envoy
Quiet protest at the DOTC
Your war, our fatal assumptions
Celebrating the power of the human spirit
Of book writing and Chocolate Kiss-ing
I could have done a Vargas