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PCGG Vs. Tan, et al

PRESIDENTIAL COMMISSION ON GOOD GOVERNMENT, Petitioner, versus LUCIO C. TAN, MARIANO TANENGLIAN, ALLIED BANKING CORPORATION, IRIS HOLDINGS & DEVELOPMENT CORPORATION, VIRGO HOLDINGS & DEVELOPMENT CORPORATION, JEWEL HOLDINGS, INCORPORATED, CARMEN KHAO TAN, FLORENCIO SANTOS, SR., NATIVIDAD SANTOS, FLORENCIO SANTOS, JR., FOREMOST FARMS, INCORPORATED, SHAREHOLDINGS, INCORPORATED, and FORTUNE TOBACCO CORPORATION, Respondents.

G.R. No. 173553-56 | 2007-12-07

DECISION


SANDOVAL-GUTIERREZ, J.:

For our resolution is the instant Petition for Review on Certiorari under Rule 45 of the 1997 Rules of Civil Procedure, as amended, assailing the Joint Decision dated February 14, 2006 and Resolution dated July 13, 2006 rendered by the Sandiganbayan in Civil Cases Nos. 0096, 0097, 0098 and 0099, all entitled "Lucio C. Tan, et al. v. PCGG."

Records show that on various dates in 1986 and on January 7, 1987, the Presidential Commission on Good Government (PCGG), petitioner, issued orders sequestering shares of stock of the above-named respondents in the following corporations: Maranao Hotels & Resort...