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SC drops Greggy from graft case

Monday, July 30, 2012

SC drops Greggy from graft case


The Supreme Court (SC) has upheld  with finality its  ruling earlier this year removing businessman Gregorio “Greggy” Ma. Araneta III as a respondent in the government’s recovery suits pending with the Sandiganbayan to recover P200 billion in alleged ill-gotten wealth during the term of the late strongman Ferdinand Marcos.

The SC’s Second Division through Associate Justice Maria Lourdes Sereno ordered the reinstatement of Araneta’s wife, Irene Marcos-Araneta, her siblings — Ilocos Norte Gov. Imelda Marcos-Manotoc and Sen. Ferdinand Marcos Jr. — as defendants in Civil Case No. 0002.

Associate Justices Arturo Brion, Martin Villarama Jr., Jose Portugal Perez and Bienvenido Reyes concurred with the ruling.

The tribunal denied for lack of merit the motion for reconsideration filed by the Presidential Commission on Good Government (PCGG) through the Office of the Solicitor General (OSG) seeking a reversal of the Court’s Feb. 8 decision..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/index.php/nation/item/2217-sc-drops-greggy-from-graft-case

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