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From: Manila Bulletin
Date: 20030714
Author:
WITH the Supreme Court earlier ruling in December, 2001 that the accumulated sequestered coco levy funds were prima facie public funds, and had merely delegated the task of determining the true ownership of the funds to the Sandiganbayan, whether owned by the state or by private citizens, the latter court thenceforth handed down last week the final decision that coco levy funds, which were levied and collected during the Marcos regime from coconut farmers by the government, and managed by private parties and invested in banks and other diversified industries by private parties, ...
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