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Noy, kin lose P5B hacienda plea By Benjamin B. Pulta 04/25/2012

Wednesday, April 25, 2012

AQUINO SC APPOINTEES SOUGHT REMAND OF COMPENSATION ISSUE TO PALACE

Noy, kin lose P5B hacienda plea

By Benjamin B. Pulta 04/25/2012

It’s final. Hacienda Luisita’s close to 5,000 hectares are to be distributed to the farmer-workers while the Cojuangco-Aquino family ends up with a compensation of a little less than P200 million, as against the family seeking a compensation of P5 billion for the hacienda.

True to form, President Aquino’s appointees, Associate Justice Lourdes Sereno, Estela Bernabe and Bienvenido Reyes voted to allow an agency under the control of Malacañang to determine the amount which the Hacienda Luisita Inc. (HLI) is to receive as compensation for placing the sugar estate under the government’s agrarian reform program.

They were however, outvoted by the majority justices..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/headlines/20120425hea1.html

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