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Standing
by their man. Found guilty by the Sandiganbayan, former
president Joseph Estrada remains loved by the mass of
supporters who gave him a landslide presidential victory
in 1998 and who, despite the court ruling, continue to
protest his innocence.--Rhoy
Cobilla |
| HEADLINES |
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Guilty of plunder |
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THE Special
Division of the Sandiganbayan on Wednesday convicted former
President Joseph Estrada on two counts of plunder and
sentenced him to life imprisonment, but did not commit him
to the National Bilibid Prison in Muntinlupa. |
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LINK to full text
of Sandiganbayan decision on Estrada plunder case
http://sandigan6.googlepages.com/cc26558.htm
http://sandigan6.googlepages.com/cc26558CONCURRINGOPINION.htm
LINK to full text
of Sandiganbayan decision on Estrada perjury case
http://sandigan6.googlepages.com/cc26905.htm |
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Businessmen rejoice over peaceful reaction |
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NOW that the
Court has decided on the plunder case against former
President Joseph Estrada, the business community sighed with
relief that no rioting erupted, although, on second thought,
the longer-term effect of his conviction drew mixed
expectations—mostly rosy from businessmen and rather less
sanguine from economists. |
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Relief! Peso, stocks gain after verdict |
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PHILIPPINE
stocks rose for the first time in three days after former
President Joseph Estrada was convicted of plunder, easing
concern his supporters would have used an acquittal to
challenge the government’s authority. |
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Guilty! But special considerations for accused show flawed
system |
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IT may take
some time before the debates end in reaction to the
much-anticipated landmark ruling on the first criminal trial
involving a former President of the Republic. |
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Teves to work with PCGG on forfeited Estrada assets |
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Finance
Secretary Margarito Teves plans to coordinate with the
Presidential Commission on Good Government (PCGG) regarding
the hundreds of millions of pesos worth of properties of
former President Joseph Estrada that have been forfeited in
the government’s favor. |
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9/11? Fil-Ams prefer Erap news |
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SAN FRANCISCO—The
sixth anniversary of the September 11 terrorist attacks in
the US did little to steal a very important day in
Philippine history in the minds of Filipinos here. |
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UBS
buys 5% PNB stake |
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Union Bank
of Switzerland AG or UBS has bought into the Philippine
National Bank, the Swiss investment bank said in a
disclosure to the Philippine Stock Exchange on Wednesday. |
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Banks more prepared for financial risks |
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The capacity
of various banks to withstand so-called credit and market
risks increased significantly as of end-March this year, the
Bangko Sentral ng Pilipinas (BSP) said on Wednesday. |
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Critics vow to seek TRO if JPEPA is ratified |
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THE Fair
Trade Alliance (FTA) said they plan to immediately seek a
temporary restraining order and later an injunction from the
Supreme Court (SC) should the Japan-Philippines Economic
Partnership Agreement (JPEPA) is ratified by the Senate. |
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Asia’s appetite for luxe items seen surging |
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STRONG
demand for luxury goods and services is seen growing in
triple digits over the next decade, according to the latest
MasterCard Worldwide Insights report. |
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MORE STORIES ... |
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Stylish
minimalist Komei
Nosaka, Sony’s senior sales manager for IT channel
development division, tries out the VAIO Sony TZ notebook
during its launch in the business and financial district of
Makati. The TZ series notebook comes in full flat design the
incorporates stylish minimalism in its overall architecture.
--NONIE REYES |