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Alfonso T. Yuchengco, et al. vs. The Honorable Sandiganbayan, et al. [CONCURRING OPINION CALLEJO]

ALFONSO T. YUCHENGCO AND Y REALTY CORPORATION, Petitioners, vs. THE HONORABLE SANDIGANBAYAN, FOURTH DIVISION, REPUBLIC OF THE PHILIPPINES, PRESIDENTIAL COMMISSION ON GOOD GOVERNMENT, ESTATE OF FERDINAND E. MARCOS, IMELDA R. MARCOS, PRIME HOLDINGS, INC., ESTATE OF RAMON U. COJUANGCO, represented by IMELDA O. COJUANGCO, and IMELDA O. COJUANGCO, Respondents. [CONCURRING OPINION CALLEJO]

G.R. No. 153459 / 153207 / 150367 / 149802 / 150320 | 2006-01-20

CONCURRING OPINION 


CALLEJO, SR., J.: 

I concur with the majority opinion penned by Madam Justice Conchita Carpio Morales and vote to grant the petition in G.R. No. 153459 to the extent that it prays for the reconveyance to the Republic of the Philippines of 111,415 shares of stock of the Philippine Telecommunication Investment Corp. (PTIC) registered in the name of Prime Holdings Inc. (PHI). 

PTIC is the biggest stockholder of Philippine Long Distance Telephone Co. (PLDT), owning 28% of its outstanding shares or totaling approximately 625 million PLDT shares valued at approximately 1.6 billion pesos. 

The shares of...