PCGG loses case vs Marcos, Velasco
06/21/2011The Presidential Commission on Good Government (PCGG) has lost another case against the Marcos Family, as the Sandiganbayan First Division junked the 24-year-old lawsuit it filed against the late Energy Minister Geronimo Velasco, the late President Ferdinand Marcos, former First Lady Imelda Marcos and five defendant corporations.
According to the 78-page decision, the anti-graft court stated that government lawyers failed to present sufficient evidence to prove that Velasco was a Marcos crony and that he amassed ill-gotten wealth by using his supposed close ties with Marcos.
The ruling came amid admissions by Velasco that he played golf with Marcos back when the latter was a member of the Senate.
He also said that he enjoyed the generosity and confidence of Marcos..... MORE
Source: The Daily Tribune
URL: http://www.tribuneonline.org/headlines/20110621hed4.html
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