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PRESIDENTIAL COMMISSION ON GOOD GOVERNMENT v. EDUARDO COJUANGCO

This case has been cited 2 times or more.

2011-04-12
BERSAMIN, J.
In the meanwhile, the Sandiganbayan, in order to conform with the ruling in Presidential Commission on Good Government v. Cojuangco, et al.,[26] resolved COCOFED's Omnibus Motion (with prayer for preliminary injunction) relative to who should vote the UCPB shares under sequestration, holding as follows: [27]
2001-12-14
PANGANIBAN, J.
government, over which the PCGG as a mere conservator cannot, as a general rule, exercise acts of dominion.[26] On the other hand, it is authorized to vote these sequestered shares registered in the names of private persons and acquired with allegedly ill-gotten wealth, if it is able to satisfy the two-tiered test devised by the Court in Cojuangco v. Calpo[27] and PCGG v. Cojuangco Jr.,[28] as follows: (1) Is there prima facie evidence showing that the said shares are ill-gotten and thus belong to the State?