The wealth in question, in this case, is the Busuanga Properties in Palawan. READ:
“This case for reversion, reconveyance, and accounting against defendants Peter A. Sabido, Luiz A. Yulo, Nicola Dehasa, Ferdinand E. Marcos, Rafael Sison, and Don. M. Ferry is dismissed for failure of the plaintiff to prove by preponderance of evidence the material allegations contained in the amended complaint,” said the Sandiganbayan in the decision.
The decision went on to say that the defense’s weakness was not enough and that the prosecution should have presented more substantial evidence. “The totality of evidence against the above-named defendants failed to show the alleged schemes and strategies employed by the herein defendant to hide the supposed ill-gotten wealth. Moreover, the evidence is lacking to show that the properties listed under Annex 1, are dummy or front corporations beneficially owned and controlled by the former President and his family,” said the decision.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sandiganbayan junks ill-gotten wealth case on behest loans vs. Marcos Sr., othersThe Sandiganbayan has junked an ill-gotten case filed against the late President Ferdinand Marcos and several others after the anti-graft court ruled that the government prosecutors failed to present sufficient evidence.
Read more »
Sandiganbayan junks one of ill-gotten wealth cases vs Marcos, othersThe anti-graft court dismisses the case after the petitioner fails 'to prove by preponderance of evidence the material allegations contained in the amended complaint.'
Read more »
LPA affects most parts of PH, including Metro Manila – PagasaTHE low pressure area (LPA) off Cagayan will be bringing rain in most parts of the country, including Metro Manila over the next 24 hours but will less likely intensify into a...
Read more »
Manila Water secures P3-B term loan - BusinessWorld OnlineMANILA WATER Co., Inc. has signed a P3 billion 10-year term loan facility with the Land Bank of the Philippines, the water concessionaire said on Monday. In a regulatory filing, Manila Water said the loan will fund its general corporate requirements and capital expenditures. The east zone water concessionaire has said that it is targeting […]
Read more »
Marina sanctions illegal Chinese dredger linked to Manila Bay reclamation project | Lorenz S. MarasiganBy Lorenz S. Marasigan lorenzmarasigan The Maritime Industry Authority (Marina) has imposed fines and sanctions against the Chinese dredgers that allegedly conducted “illegal activities” in Manila Bay and rivers in Zambales, a government official said. In a text message to the BusinessMirror, Marina National Capital Region Director Marc Anthony Pascua…
Read more »
David Foster to hold Manila concert series in MarchDavid Foster is coming back to the Philippines!
Read more »