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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 is 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 a few. 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 awarding ₱71 billion in coconut levy funds to coconut farmers was only part of the goals of a 50-year struggle to bring to the poor f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippines
The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republika sang Filipinas * ibg, Republika nat Filipinas * ilo, Republika ti Filipinas * ivv, Republika nu Filipinas * pam, Republika ning Filipinas * krj, Republika kang Pilipinas * mdh, Republika nu Pilipinas * mrw, Republika a Pilipinas * pag, Republika na Filipinas * xsb, Republika nin Pilipinas * sgd, Republika nan Pilipinas * tgl, Republika ng Pilipinas * tsg, Republika sin Pilipinas * war, Republika han Pilipinas * yka, Republika si Pilipinas In the recognized optional languages of the Philippines: * es, República de las Filipinas * ar, جمهورية الفلبين, Jumhūriyyat al-Filibbīn is an archipelagic state, archipelagic country in Southeast Asia. It is situated in the western Pacific Ocean and consists of aro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quezon
Quezon, officially the Province of Quezon ( tl, Lalawigan ng Quezon), is a province in the Philippines located in the Calabarzon region on Luzon. Kalilayan was the first known name of the province. It was later renamed Tayabas. In honor of the former governor of the province who later became the second president of the Philippines and the first to be freely elected, Manuel L. Quezon, the province’s name was then changed to Quezon. Lucena, the provincial capital, seat of the provincial government, and the most populous city of the province, is governed independently from the province as a highly urbanized city. To distinguish the province from Quezon City, it is sometimes called Quezon Province. Quezon is southeast of Metro Manila and is bordered by the provinces of Aurora to the north, Bulacan, Rizal, Laguna and Batangas to the west and the provinces of Camarines Norte and Camarines Sur to the east. Part of Quezon lies on an isthmus connecting the Bicol Peninsula to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1986 In The Philippines
1986 in the Philippines details events of note that happened in the Philippines in the year 1986. Incumbents Fourth Republic ''(1984–86)'' *President: Ferdinand Marcos ( KBL) ''(deposed February 25, 1986)'' *Vice President: Arturo Tolentino ( KBL) * Chief Justice: Ramon Aquino *Philippine Congress: Regular Batasang Pambansa *House Speaker: Nicanor Yñiguez ( KBL) Revolutionary Government ''(March 25 – June 2, 1986)'' and Fifth Republic ''(1986 – present)'' *President: Corazon Aquino ( PDP-Laban) *Vice President: Salvador Laurel (UNIDO) * Chief Justice: Claudio Teehankee ''(1986–88)'' Events February * February 7 – Presidential snap elections are held. Pres. Marcos leads the tally made by the Commission of Elections (Comelec), but his opponent, Corazon Cojuangco–Aquino, leads another tally by the National Movement for Free Elections (Namfrel). * February 9 – Thirty Comelec computer technicians walk out of their tabulation center at the PICC to protest atte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Political Scandals In The Philippines
Politics (from , ) is the set of activities that are associated with making decisions in groups, or other forms of power relations among individuals, such as the distribution of resources or status. The branch of social science that studies politics and government is referred to as political science. It may be used positively in the context of a "political solution" which is compromising and nonviolent, or descriptively as "the art or science of government", but also often carries a negative connotation.. The concept has been defined in various ways, and different approaches have fundamentally differing views on whether it should be used extensively or limitedly, empirically or normatively, and on whether conflict or co-operation is more essential to it. A variety of methods are deployed in politics, which include promoting one's own political views among people, negotiation with other political subjects, making laws, and exercising internal and external force, including w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supreme Court Of The Philippines
The Supreme Court ( fil, Kataas-taasang Hukuman; colloquially referred to as the ''Korte Suprema'' lso used in formal writing is the highest court in the Philippines. The Supreme Court was established by the Second Philippine Commission on June 11, 1901 through the enactment of its Act No. 136, an Act which abolished the '' Real Audiencia de Manila'', the predecessor of the Supreme Court. The Supreme Court compound, which sits in what is formerly a part of the University of the Philippines Manila campus, occupies the corner of Padre Faura Street and Taft Avenue in Ermita, Manila, with the main building directly in front of the Philippine General Hospital’s cancer institute. History Pre-hispanic period Prior to the conquest of Spain, the islands of the Philippines were composed of independent barangays, each of which is community composed of 30 to 100 families. Typically, a barangay is headed by a ''datu'' or a local chief who exercises all functions of government—ex ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Property
State ownership, also called government ownership and public ownership, is the ownership of an Industry (economics), industry, asset, or Business, enterprise by the State (polity), state or a public body representing a community, as opposed to an individual or Private property, private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from Public good (economics), public goods and government services financed out of a Government budget, government's general budget. Public ownership can take place at the Central government, national, regional government, regional, local government, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, Collective ownership, collective/cooperative, and common ownership. In market-based economies, state-owned asset ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coconut Production In The Philippines
Coconut production plays an important role in the national economy of the Philippines. According to figures published in December 2009 by the Food and Agriculture Organization of the United Nations, it is the world's second largest producer of coconuts, producing 19,500,000 tonnes in 2009. Production in the Philippines is generally concentrated in medium-sized farms. The Philippines is the world's top producer and exporter of virgin coconut oil. History According to the United Nations, coconut production in the Philippines grew at the rate of 5.3 per cent per year from 1911 to 1929, and increased by 3.5 per cent from 1966 to 1970. In 2012, the Philippines exported more than 1.5-million tonnes of copra, coconut oil, copra meal, desiccated coconut, coco shell charcoal, activated carbon and coco chemicals, a 1.49 per cent increase compared to the volume exported in 2011. In 1989, it produced 11.8 million tonnes and at the time was the second largest producer but has sinc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trust Fund
A trust is a legal relationship in which the holder of a right gives it to another person or entity who must keep and use it solely for another's benefit. In the Anglo-American common law, the party who entrusts the right is known as the "settlor", the party to whom the right is entrusted is known as the "trustee", the party for whose benefit the property is entrusted is known as the "beneficiary", and the entrusted property itself is known as the "corpus" or "trust property". A ''testamentary trust'' is created by a will and arises after the death of the settlor. An ''inter vivos trust'' is created during the settlor's lifetime by a trust instrument. A trust may be revocable or irrevocable; an irrevocable trust can be "broken" (revoked) only by a judicial proceeding. The trustee is the legal owner of the property in trust, as fiduciary for the beneficiary or beneficiaries who is/are the equitable owner(s) of the trust property. Trustees thus have a fiduciary duty to manage th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rodrigo Duterte
Rodrigo Roa Duterte (, ; born March 28, 1945), also known as Digong, Rody, and by the initials DU30 and PRRD, is a Filipino lawyer and politician who served as the 16th president of the Philippines from 2016 to 2022. He is the chairperson of PDP–Laban, the ruling political party in the Philippines during his presidency. Duterte is the first president of the Philippines to be from Mindanao, and is the oldest person to assume office, beginning his term at age 71. Born in Maasin, Leyte (now in Southern Leyte), Duterte moved to Davao as a child where his father, Vicente Duterte, served as provincial governor. He studied political science at the Lyceum of the Philippines University, graduating in 1968, before obtaining a law degree from San Beda College of Law in 1972. He then worked as a lawyer and was a prosecutor for Davao City, before becoming vice mayor and, subsequently, mayor of the city in the wake of the 1986 People Power Revolution. Duterte won seven te ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
People Power Revolution
The People Power Revolution, also known as the EDSA Revolution or the February Revolution, was a series of popular Demonstration (people), demonstrations in the Philippines, mostly in Metro Manila, from February 22 to 25, 1986. There was a sustained campaign of civil resistance against regime violence and electoral fraud. The nonviolent revolution led to the departure of Ferdinand Marcos, the end of his 20-year dictatorship and the restoration of democracy in the Philippines. It is also referred to as the Yellow Revolution due to the presence of yellow ribbons during demonstrations (in reference to the Tony Orlando and Dawn song "Tie a Yellow Ribbon Round the Ole Oak Tree") as a symbol of protest following the Assassination of Benigno Aquino Jr., assassination of Filipino senator Benigno "Ninoy" Aquino, Jr. in August 1983 upon his return to the Philippines from exile. It was widely seen as a victory of the people against two decades of presidential rule by President Marcos, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Imelda Marcos
Imelda Romualdez Marcos (; born Imelda Remedios Visitacion Trinidad Romualdez; July 2, 1929) is a Filipino politician who served as the First Lady of the Philippines from 1965 to 1986, wielding significant political power during the Dictatorship of Ferdinand Marcos, dictatorship of her husband, 10th president Ferdinand Marcos. 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, about $3.6 b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maria Clara Lobregat
María Clara Rafols Lorenzo Lobregat (April 26, 1921 – January 2, 2004) was the first female mayor and also a representative to the Philippine Congress of Zamboanga City. Early life Lobregat or "" was born April 26, 1921, in the then-municipality of Zamboanga, the second of five children of Don Pablo Lorenzo, who was the mayor of Zamboanga City from 1939 until 1940, a representative to the first Philippine Assembly, and a delegate to the Philippine Constitutional Convention, and Luisa Rafols of Cebu City. Lobregat grew up in the cities of Zamboanga, Cebu, and Manila. She spoke Zamboangueño Chavacano, Cebuano, English, Tagalog, and Spanish. Education Lobregat was educated at the Pilar College in Zamboanga City, Maryknoll and St. Scholastica's College in Manila and is the recipient of an "honoris causa"—Doctor of Humanities from the Ateneo de Davao University in 1979, Doctor in Business Administration from the Aquinas University in 1980, and Doctor in Educational Ad ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
