The Sandiganbayan 2nd Division has ordered issuance of a writ of execution implementing decisions by the Supreme Court (SC), which declared that United Coconut Planters Bank (UCPB) shares of stock transferred to Eduardo “Danding” Cojuangco Jr. as well as those of his alleged dummies belong to the state.
In a 17-page resolution, the Sandiganbayan granted a motion for execution filed by the Office of the Solicitor General (OSG) and the Presidential Commission on Good Government (PCGG) as it affirmed that that the turnover of the UCPB shares is now in order after the SC’s ruling attained finality.
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