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Saturday, May 23, 2009 |
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Planholders own P200M |
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Court lifts freeze order on Legacy accounts
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By William B. Depasupil, Reporter
The Court of Appeals (CA) has lifted its freeze order on nine trust
accounts of the cash-strapped Legacy Consolidated Plans Inc. held in
two banks amounting to more than P200 million after it was found
that the money belonged to planholders. The CA Special Third
Division, in a six-page resolution written by Associate Justice
Rosalinda Asuncion-Vicente, recently granted a motion of the
Anti-Money Laundering Council to lift the frozen trust accounts upon
the request of the Securities and Exchange Commission (SEC).
Concurring with the decision were Associate
Justices Martin Villarama and Ramon Garcia.
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O T H E R R E P O R T S
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Despite scare, schools open on June 1
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Schools will open in June as scheduled despite reports of the
country’s first case of swine flu, the Department of Education (DepEd)
announced on Friday.
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Swine flu infects 11,000 people, kills 89 in 43 countries–WHO, govt data
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BEIJING: The swine flu epidemic has infected more than 11,000 people
and claimed 89 lives worldwide, according to the World Health
Organization (WHO) and government data.
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Villar asks High Court to stop Senate probe
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EMBATTLED Sen. Manuel Villar Jr., on Friday asked the Supreme Court
(SC) to stop the Senate Committee of the Whole from continuing with
its investigation over his allegedly unethical acts in connection
with the controversial “double insertion” in the C-5 Road
Extension project.
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Philippines’ First Killer Flu Case
‘Contained’
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The Department of Health (DOH) said that the first case of swine flu
in the Philippines has been “contained.”
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Party merger consolidates GMA’s major supporters
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The biggest political party to come out in a generation will debut
on May 28 with the merger of the administration’s leading
political parties, Lakas Christian-Muslim Democrats (Lakas-CMD) and
the Kabalikat ng Malayang Pilipino (Kampi).
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Israel fetes Pinoys who helped Jews
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A monument will rise in Israel next month to honor Filipinos’
generous humanitarian support and hospitality to thousands of
European Jews who sought refuge in the Southeast Asian country
during the Holocaust in the 1930s.
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FEATURE
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US Marines make friends, few foes
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PIO DURAN, Albay: The remote town of Pio Duran, with its palm- and
thatch-roofed homes, had never known a decent road, while a
decades-long communist insurgency lurks threateningly in the
background.
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FEATURE
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Worsening environment alarms pearl farmer
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PALAWAN: As a seasoned pearl farmer based in the Philippines,
Jacques Branellec is more aware than many of the deterioration of
the environment, local and global.
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