THE Supreme Court (SC) has ruled with finality that the shares of tycoon Eduardo “Danding” Cojuangco Jr. in the United Coconut Planters Bank (UCPB) belong to the government.
In a resolution, the 15-man tribunal rejected the motion for reconsideration filed by Cojuangco who questioned the High Court’s findings that the UCPB shares are part of the ill-gotten wealth acquired from coconut levy funds.
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