Farmers welcome SC ruling on coco fund

THE Kilusang Magbubukid ng Pilipinas (KMP) and the claimants movement Coco Levy Fund Ibalik sa Amin (Claim) on Wednesday welcomed the Supreme Court’s decision stopping the government from “plundering” the P73 billion coco levy funds.

“While the high court’s order temporarily stopped Aquino’s scheme to once again plunder the coco levy funds, small coconut farmers should not let their guards down. Aquino’s twin coco levy executive orders are designed for plunder,” Rafael Mariano, KMP chairman, said.