Author Topic: Philippine Government Eyes Control of Eastern Telecom  (Read 390 times)

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Philippine Government Eyes Control of Eastern Telecom
« on: March 29, 2012, 09:05:08 PM »
By Marlon Ramos
Philippine Daily Inquirer

The Supreme Court has blocked anew the government’s plan to present more evidence in a sequestration case it filed against the late strongman Ferdinand Marcos and several others in connection with their purchase of majority shares of a telecommunications company.

Maintaining its earlier vote of 7-7, the high tribunal dismissed for lack of merit the appeal of the Presidential Commission on Good Government (PCGG) seeking a reversal of the Feb. 7, 2002, ruling of the Sandiganbayan which disallowed the deposition of Maurice Bane as additional evidence in the PCGG’s bid to take control of Eastern Telecommunications Phils. Inc. (ETPI).

The high court also dismissed the government’s motion asking Chief Justice Renato Corona to inhibit himself from the case after he was impeached by the House of Representatives.

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