The Coco Levy Scam orchestrated by former President Ferdinand Marcos and his cronies (foremost of which was Danding Cojuangco) during the Marcos Dictatorship, taxed the coconut farmers in the guise of developing the coconut industry and alleviating the plight of the marginalized coconut farmer. Instead, the substantial funds generated from the Levy over the course of the Dictatorship were used for the personal profit of Ferdinand Marcos, Danding Cojuangco, Juan Ponce Enrile (yes, virtually the “Father of Grand Scams in the Philippines”, this bastard was involved in this one too; yet, neither Danding nor Johnny are locked-up in jail), among other cronies. (Don’t tell me Edgardo Angara of ACCRA Law Offices did not get a hefty chunk of change for prostituting his legal skills to Danding. Just look at all the ill-gotten wealth—land and other properties—he now owns in Baler . . . and that’s just for being a crony of a crony . . . but I digress.)
Ever since Marcos and Danding were puked-out of the Philippines, they have mobilized their virtually unlimited ill-gotten wealth and resources to prevent and frustrate the just recovery and rightful return of the same to the national coffers, including an aggressive, sustained and generously-funded legal and extra-legal (i.e., over the past forty (40) plus years, many corrupt government officials have gotten wealthy from bribes to obstruct, side-track, delay or just sit on the proper resolution of the Coco Levy Scam) offensive to retain private ownership of business interests that were acquired using funds from the Coco Levy Scam.
In the end (after an unjustifiably long, drawn-out and unnecessarily arduous litigation process) and in light of crystal-clear compelling evidence of the blatant machinations of Danding, Marcos and dummy-entities like the COCOFED (that purports to protect the interests of coconut farmers but does the opposite), the Supreme Court (in October 2012) finally awarded some twenty-four percent (24%) of San Miguel Corp. shares bought by Coco Levy funds (but claimed and, until recently, controlled by Danding Cojuangco) to the Philippine Government for the benefit and use of coconut farmers and the coconut industry. However, the funds (although already awarded by the Supreme Court and then amounting to about P71 billion) remained frozen because its utilization apparently required an Entry of Judgement by . . . (you guessed it) the Supreme Court, which was only issued in December 2014.
Why pray tell does the Entry of Judgement follow more than two years after the final decision of the Supreme Court? As Randy David said before, let’s just appoint Estelito Mendoza (legal counsel extraordinaire to the Who’s Who of Philippine Super Crooks, including Danding Cojuangco and Bobby Ongpin) as the supreme arbiter of the entire Philippine judicial system and do away with the Supreme Court.
In any case, after the Supreme Court’s much-delayed Entry of Judgement, President Benigno Simeon Aquino III (in March 2015) proceeds to issue Executive Order No. 179 (providing the administrative guidelines for the inventory and privatization of coco levy assets) and Executive Order No. 180 (providing the administrative guidelines for the reconveyance and utilization of coco levy assets for the benefit of the coconut farmers and the development of the coconut industry). Shortly thereafter (in June 2015), the Supreme Court (no doubt under the watchful oversight of the Supreme Arbiter, Estelito Mendoza), in response to petitioner COCOFED (dummy of Danding Cojuangco), temporarily stopped the implementation of the two executive orders through a temporary restraining order.
In October 2015, the House of Representatives passed on third reading the Coco Levy Trust Fund Bill, which President Aquino also certified as “URGENT”. Notwithstanding, the Senate has been sitting on the pending “URGENT” Bill. The Chair and Vice Chair of the Senate Committee on Agriculture, which is responsible for the said pending “URGENT” Bill, are Cynthia Villar and Grace Poe, respectively. Villar is a known ally of Danding and Grace Poe’s presidential campaign is funded by Danding. For campaign sorties, Poe borrows the corporate plane of San Miguel, which is essentially controlled by Danding. Poe’s husband, Neil Llamanzares, is employed by San Miguel.
Assuming Mar Roxas and Leni Robredo win the May elections, I am reasonably confident that the Coco Levy Trust Fund Bill will be jointly passed by the House of Representative and the Senate within the year of 2016. On the other hand, if Poe becomes President, I have serious doubts that the same Bill will ever see the light of day.
At this point, Danding (who is at the pre-departure area bound for eternal damnation) just wants to obstruct the utilization of the Coco Levy funds. If he can’t have it, then nobody else will. He has spent more than half of his adult life raping and pillaging coconut farmers, among others, he is not about to stop just because he’s dying. This miserable prick is the patron of Grace Poe, who has essentially prostituted her popularity to the highest bidder . . . like Edgardo Angara and Estelito Mendoza, who have prostituted their legal skills to Danding . . . like all the corrupt government officials in and out of the judicial system who have had a hand in delaying the just and rightful resolution of the Coco Levy Scam over the past forty plus (40+) years . . . like the COCOFED dummy of Danding that pretends to fight for the interest of coconut farmers (but does the opposite).
Grace Poe’s alliance with Danding Cojuangco is itself a statement of what is to be—a disingenuous dummy administration wrought with super crooks that will drag our country to hell. With the Philippine Presidential Elections just around the corner, let’s connect the dots folks. The very soul of our country depends on it.[Photo courtesy Bulatlat.]
- The Coco Levy Scam, Danding Cojuangco and Grace Poe - April 20, 2016
- The Choice is Clear: Mar and Leni for 2016 - January 11, 2016
- Traitor vs Hero - August 29, 2015
- Treachery at the Philippine Supreme Court - August 22, 2015
- Jejomar Binay: Unworthy to be President - August 14, 2015