The Supreme Court (SC) has affirmed the dismissal by the Sandiganbayan of the P1.050-billion civil forfeiture case filed against the late strongman Ferdinand Marcos Sr., former First Lady Imelda Marcos and several associates. Know more:
THE Supreme Court has affirmed the dismissal by the Sandiganbayan of the P1.050-billion civil forfeiture case filed against the late strongman Ferdinand Marcos Sr., former First Lady Imelda Marcos and several associates who allegedly acted as their dummies in acquiring expensive artworks, clothes, jewelry, and properties here and abroad, including franchises to operate tourist duty-free shops.
“In order to consider petitioner’s evidence as sufficient to prove the allegations of its expanded complaint, the Court has to perform many leaps of logic, engage in presumptions, and create inferences based on other inferences in order to bridge the gaps in the evidence adduced. In the face of such gaps; petitioner’s allegations in its expanded complaint are reduced to mere speculations, insinuations· and conjectures,” the SC said in a decision penned by Associate Justice Ricardo Rosario.
Aside from failing to prove the allegation that the Tantocos were dummies of the Marcoses, the Court said the PCGG failed to prove that 5 percent of the franchise tax paid by the Duty Free Shops were to Mrs. Marcos.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Supreme Court urged to review ‘dangerous provisions’ of anti-terrorism lawProgressive group Bayan Muna urged the Supreme Court on Tuesday to review the “dangerous provisions” of the antiterror law, saying it was being used to stifle dissent. | santostinaINQ , Vincent Cabreza/PDI
Read more »
Zubiri not worried about Maharlika being questioned before Supreme CourtSenate President Juan Miguel Zubiri on Wednesday shrugged off plans of some groups to challenge the Maharlika Investment Fund law before the Supreme Court.
Read more »
Marcos explains why PH president was removed as chairman of the board of Maharlika fundIn removing himself and future presidents from membership of the board of the controversial Maharlika Investment Fund (MIF), President Ferdinand “Bongbong” Marcos Jr. also eliminated the risk of politicians and political decisions influencing the country’s first ever sovereign wealth fund.
Read more »
Marcos signs Maharlika Investment Fund bill into lawPresident Ferdinand 'Bongbong' Marcos Jr. on Tuesday signed into law the Maharlika Investment Fund (MIF), which will tap state assets for investment ventures to generate additional public funds. READ:
Read more »
Romualdez highlights planned PH cancer center--a Marcos 'legacy project'House Speaker Martin Romualdez (leftmost) gives comfort to cancer-striken children during the townhall meeting at the Philippine Children’s Medical Center (PCMC) on July 17, 2023. (Speaker’s office) | manilabulletin READ:
Read more »
Marcos glosses over Maharlika Investment Fund’s political risksPresident Ferdinand Marcos Jr. did not tackle the contentious provisions of the Maharlika Investment Fund Act in his speech after he signed the bill into law, saying that the wealth fund would not be “colored by political considerations.”
Read more »