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Republic of the Phil. vs. Sandiganbayan, et al.

REPUBLIC OF THE PHILIPPINES, Petitioner, versus SANDIGANBAYAN (First Division), EDUARDO M. COJUANGCO, JR., PHILIPPINE COCONUT PRODUCERS FEDERATION, INC., MARIA CLARA L. LOBREGAT, and THE CORPORATE SECRETARY OF THE SAN MIGUEL CORPORATION, Respondents.

G.R. No. 118661 | 2007-01-22

                                                    D E C I S I O N


GARCIA, J.:


This case revolves around the corporations organized and the investments acquired or funded allegedly from the coconut levy fund (the Fund, hereinafter). While it came from levies on the sale of copra or equivalent coconut products exacted for the most part from coconut farmers, the Fund went or was known under various names, such as Coconut Consumers Development Fund, Coconut Industry Investment Fund and Coconut Industry Stabilization...