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Republic of the Philippines vs. Eduardo M. Cojuangco, Jr., et al. [CONCURRING OPINION, J. BERSAMIN]

REPUBLIC OF THE PHILIPPINES, Petitioner, versus EDUARDO M. COJUANGCO, JR., JUAN PONCE ENRILE, MARIA CLARA LOBREGAT, JOSE ELEAZAR, JR., JOSE CONCEPCION, ROLANDO P. DELA CUESTA, EMMANUEL M. ALMEDA, HERMENEGILDO C. ZAYCO, NARCISO M. PINEDA, INAKI R. MENDEZONA, DANILO S. URSUA, TEODORO D. REGALA, VICTOR P. LAZATIN, ELEAZAR B. REYES, EDUARDO U. ESCUETA, LEO J. PALMA, DOUGLAS LU YM, SIGFREDO VELOSO and JAIME GANDIAGA, Respondents. [CONCURRING OPINION, J. BERSAMIN]

G.R. No. 139930 | 2012-06-26

CONCURRING OPINION

 

 

BERSAMIN, J.:

 

          I CONCUR with the Majority Opinion written by Justice Abad. Like him, I find and hold that the State already lost the right to prosecute respondents for violating Section 3(e) of Republic Act No. 3019 by February 8, 1990, or ten years after UNICOM filed its Amended Articles of Incorporation.

 

          Respondents were charged with violating Section 3 (e) of Republic Act No. 3019 for allegedly watering down the P495 million worth of no-par value...