The Supreme Court has ruled that stake of businessman Eduardo "Danding" Cojuangco in diversifying conglomerate San Miguel Corp. was not acquired using coco levy funds.
In a 73-page decision penned by Associate Justice Lucas Bersamin, the Court en banc dismissed the petition filed by the Presidential Commission on Good Government (PCGG), seeking the reversal of the 2007 Sandiganbayan ruling, which declared that Cojuangco did not illegally use coco levy funds to acquire 20% of San Miguel.| ABS-CBN News
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