Thursday 8 August 2013

INQUIRER.net: Danding Cojuangco wants PCA to pay

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Danding Cojuangco wants PCA to pay
Aug 8th 2013, 22:30

MANILA, Philippines—The camp of business tycoon Eduardo "Danding" Cojuangco is mulling the possibility of demanding compensation from the Philippine Coconut Authority (PCA) following the Supreme Court's final ruling last month that the government owns Cojuangco's shares in United Coconut Planter's Bank (UCPB).   Lawyer Estelito Mendoza on Thursday said they were still studying the amount of compensation they would require.   Mendoza said the high court, in its November 2012 ruling which became final last month, had declared as valid the May 25, 1975, agreement between Cojuangco and the PCA, providing for the transfer to the businessman by way of comp...

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Eduardo-Cojuangco.jpg (image/jpeg)
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