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Marcos Cronies
Certain associates of former Philippine President Ferdinand Marcos, historically referred to using the catchphrase "Marcos cronies", benefited from their friendship with Marcos – whether in terms of legal assistance, political favors, or facilitation of business monopolies, during his administration. Marcos critics, and the local and international press began referring to these individuals as "cronies" during the latter days of the Marcos dictatorship, and the Philippine government – especially the Presidential Commission on Good Government (PCGG) – continued using the term after the ouster of Marcos in 1986. These "cronies" were awarded government commissions, projects, and funds, many of which were later investigated for corruption, misuse of funds, and disregard of the Constitution of the Philippines. Marcos' cronies were given strategic positions both in the government and in private sectors in order for the Marcoses to seize control of the major industries of the coun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Juan Ponce Enrile
Juan Valentin Furagganan Ponce Enrile Sr., (born Juan Valentin Furagganan; February 14, 1924), also referred to by his initials JPE, is a Filipino politician and lawyer who served as 21st President of the Senate of the Philippines from 2008 to 2013 and known for his role in the administration of Philippine president Ferdinand Marcos; his role in the failed coup that helped hasten the 1986 People Power Revolution and the ouster of Marcos; and his tenure in the Philippine legislature in the years after the revolution. Enrile has served four terms in the Senate, in a total of twenty-two years, one of the longest-tenures in the history of the upper chamber. In 2022, at the age of 98, he returned to government office as the Chief Presidential Legal Counsel in the administration of President Bongbong Marcos. Enrile was a protégé of President Ferdinand Marcos who served as Justice Secretary and Defense Minister during the Marcos administration. Enrile played a key role in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coco Levy Fund Scam
The Coco Levy Fund Scam was a controversy in the 1970s and 1980s in the Philippines involving former President Ferdinand Marcos and his cronies. It was alleged that Marcos, Danding Cojuangco, Juan Ponce Enrile, and others conspired to tax coconut farmers, promising them the development of the coconut industry and a share of the investments, but on the contrary used the collection fund for personal profit, particularly in the purchase of United Coconut Planters Bank (UCPB) and a majority stake in San Miguel Corporation (SMC), to name two. The issue is still ongoing up to this day, with coconut farmers fighting for justice against the forced taxation, and a share of the Coco Levy Fund's investments. The Coco Levy Fund is estimated to have ballooned anywhere in the range of ₱100 billion to 150 billion in assets. In 2012, a Supreme Court decision awarded ₱71 billion in coconut levy funds to coconut farmers. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippine National Bank
The Philippine National Bank (PNB, ; ; Hokkien in the Philippines, Hokkien ) is a major Filipino bank based in Pasay in the Philippines. It was established by the Philippine government on July 22, 1916, during the Insular Government, American Era. The bank became the first universal bank in the Philippines in 1980 and was acquired by tycoon Lucio Tan after it was privatized by the government in 1989. After its merger with the Tan-owned Allied Banking Corporation, Allied Bank on February 9, 2013, PNB became the fifth largest private domestic bank in the country. , PNB was the seventh largest banks in the Philippines by assets. It has 713 domestic branches and more than 1,400 ATMs. PNB has more than 70 overseas branches, representative offices, remittance centers and subsidiaries across Asia, Europe, the Middle East, and North America. History Early years The Philippine National Bank was established as a government-owned banking institution on July 22, 1916. Its primary ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malacañang Palace
Malacañang Palace (, ), officially known as Malacañán Palace, is the official residence and principal workplace of the president of the Philippines. It is located in the Manila district of San Miguel, Manila, San Miguel, along Jose Laurel Street, though it is commonly associated with nearby Mendiola Street. The term ''Malacañang'' is often used as a metonym for the president, Cabinet of the Philippines, their advisers, and the Office of the President of the Philippines. The sprawling Malacañang Palace complex includes numerous mansions and office buildings designed and built largely in the bahay na bato and Neo-classical architecture, neoclassical styles. Among the presidents of the present History of the Philippines (1986–present), Fifth Republic, only Gloria Macapagal Arroyo actually lived in the main palace as both her office and her residence, with all others residing in nearby properties that form part of the larger palace complex. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of The Philippines College Of Law
The University of the Philippines College of Law (often referred to as UP Law) is the law school of the University of the Philippines Diliman. Formally established in 1911 in UP Manila, it is the third oldest continually-operating law school in the Philippines. Since 1948, it has been based in UP Diliman in Quezon City, the flagship of the UP System's eight constituent universities. The college also holds extension classes at the Bonifacio Global City campus of UP Diliman in Taguig and the Iloilo City campus of UP Visayas. UP Law is noted for having produced the largest number of bar topnotchers and maintaining one of the highest bar passing rates among law schools in the Philippines. History It was George Malcolm who had first proposed the establishment of the College of Law within the University of the Philippines system. However, the Board of Regents of the University of the Philippines had initially resisted the proposal. Malcolm thus arranged for the Manila YMCA ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Coconut Planters Bank
The United Coconut Planters Bank, more popularly known by its initials, UCPB, or by its old name, Cocobank, was a Filipino government-owned bank and was one of the largest banks in the Philippines, having ranked within the top twenty banks in the country in terms of assets. It was the only existing universal bank not listed on the Philippine Stock Exchange. The bank, owing to its name, catered heavily to coconut farmers, but also served a wide-ranging clientele. In July 2020, the Philippine government raised its stake with the bank to 97%, thus resulting for its conversion to a government controlled bank. Effective March 1, 2022, UCPB merged with Land Bank of the Philippines (LBP), with the latter as the surviving entity. As of February 1, 2024, UCPB Savings Bank still survives as a wholly-owned subsidiary of LBP as its thrift bank affiliate. It is however up for sale since October 2024.https://mb.com.ph/2024/10/6/landbank-sells-ucpb-savings-bankhttps://manilastandard.net/b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mark Cojuangco
Marcos Juan Bruno Oppen Cojuangco (born October 6, 1957) also known as Mark Cojuangco, is a Filipino politician and businessman. He is a former Representative of 5th District of Pangasinan, in the Philippines, he also served as the vice-chairman of Committee on Appropriations. House Bill 04631 and English Wikipedia citations Cojuangco is the author of the controversial House Bill 04631 that mandates the immediate re-commissioning and commercial operation of the Bataan Nuclear Power Plant, appropriating funds therefor, and for other purposes. His presentation of the bill at the Congressional hearing on February 2, 2009 came under scrutiny from the opposition for citing English Wikipedia articles about nuclear plants in other countries and quotes from non-experts to argue for the re-commissioning of the Bataan Nuclear Power Plant.See http://rverzola.wordpress.com/2009/02/02/bnpp-rehab-proponent-cojuangco-has-no-feasibility-study-only-wikipedia-articles/ Personal life Cojuangco is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bongbong Marcos
Ferdinand "Bongbong" Romualdez Marcos Jr. (, , ; born September 13, 1957), commonly referred to by the initials BBM or PBBM, is a Filipino politician who has served as the 17th president of the Philippines since 2022. He is the second child and only son of 10th president Ferdinand Marcos and former first lady Imelda Marcos. In 1980, Marcos was elected vice governor of Ilocos Norte, running unopposed with the Kilusang Bagong Lipunan party of his father, who Martial law under Ferdinand Marcos, was ruling the Philippines under martial law at the time. He then became Governor of Ilocos Norte, governor in 1983, holding that office until his family was ousted from power by the People Power Revolution and fled into exile in Hawaii in February 1986. After the death of his father in 1989, President Corazon Aquino allowed his family to return to the Philippines to face various charges. Marcos and his mother, Imelda, are currently facing arrest in the United States for defying a court ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York City
New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive with a respective county. The city is the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the United States by both population and urban area. New York is a global center of finance and commerce, culture, technology, entertainment and media, academics, and scientific output, the arts and fashion, and, as home to the headquarters of the United Nations, international diplomacy. With an estimated population in 2024 of 8,478,072 distributed over , the city is the most densely populated major city in the United States. New York City has more than double the population of Los Angeles, the nation's second-most populous city. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Olympic Tower
Olympic Tower is a 51-story, building at 641 and 645 Fifth Avenue, between 51st and 52nd Streets, in the Midtown Manhattan neighborhood of New York City. Designed by Skidmore, Owings & Merrill (SOM), the mixed-use development contains condominium apartments, office space, and retail shops. The tower is named after Olympic Airways, whose president Aristotle Onassis jointly developed the tower with the Arlen Realty and Development Corporation between 1971 and 1974. It was the first skyscraper to be constructed within a special zoning district to encourage retail and mixed-use development along Fifth Avenue. The building's glass facade is designed to reflect St. Patrick's Cathedral immediately to the south. The superstructure is made of steel on the lower stories and cast concrete on the upper stories. The first two stories contain a public atrium, Olympic Place, which connects the 51st and 52nd Street facades. The next 19 stories contain office space while the top 30 stor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Imelda Marcos
Imelda Romualdez Marcos (; born Imelda Remedios Visitación Trinidad Romuáldez; July 2, 1929) is a Filipino politician who was First Lady of the Philippines from 1965 to 1986, wielding significant political power after her husband Ferdinand Marcos placed the country under Martial law under Ferdinand Marcos, martial law in September 1972. She is the mother of current president Bongbong Marcos. During her husband's 21-year rule, Imelda Marcos ordered the construction of many grandiose architectural projects, using public funds and "in impossibly short order" – a propaganda practice, which eventually came to be known as her "edifice complex". She and her husband Embezzlement, stole billions of Philippine peso, pesos from the Filipino people,Manapat, Ricardo (1991) Some Are Smarter than Others: The History of Marcos' Crony Capitalism. Ateneo de Manila University Press. amassing a personal fortune estimated to have been worth to by the time they were deposed in 1986; by 2018, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First Lady Or First Gentleman Of The Philippines
The first lady or first gentleman of the Philippines () is the courtesy title given to the host or hostess of Malacañang Palace, the residence of the head of state and head of government of the Philippines. The title is traditionally held by the consort of the president of the Philippines, and as such is used to interchangeably refer to the spouse of the incumbent; however, this is rarely the case, especially for presidents without a living spouse at the time of their tenure. The position, which is customary in nature and dignity, merits no official remuneration from the state. Liza Araneta Marcos is the current first lady of the Philippines, as wife of the 17th and current president of the Philippines, Bongbong Marcos. Terminology The host of the Malacañang Palace, who is usually the consort of the president, has been referred to in English as the "first lady" ( Filipino: ''Unang Ginang''). As Gloria Macapagal Arroyo took office as the first female president who is not a wi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
