^
+ Follow ARELMA INC Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1362558
                    [Title] => $42 M ill gotten wealth ni Marcos, pinasosoli ng Sandiganbayan
                    [Summary] => 

Pinasosoli ng Sandiganbayan ang may $42 milyong diumano’y ill gotten wealth ni dating Pangulong Ferdinand Marcos.

[DatePublished] => 2014-08-28 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1188759 [AuthorName] => Butch Quejada, Angie dela Cruz [SectionName] => Bansa [SectionUrl] => bansa [URL] => ) [1] => Array ( [ArticleID] => 481393 [Title] => Sandiganbayan asked to finalize forfeiture of $35-million Marcos account [Summary] =>

The government asked the Sandiganbayan Friday to affirm its decision forfeiting a $35-million Marcos account in the United States.

[DatePublished] => 2009-06-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Metro [SectionUrl] => metro [URL] => ) [2] => Array ( [ArticleID] => 455656 [Title] => PCGG seeks turnover of Arelma account to RP [Summary] =>

MANILA, Philippines – The Presidential Commission on Good Government (PCGG) will ask the Bank of America (BA), which took over the fallen New York stock brokerage firm Merrill Lynch last year, to immediately transfer the late President Ferdinand Marcos’ $35-million Arelma account to the Philippine government.

[DatePublished] => 2009-04-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1664250 [AuthorName] => Rainier Allan Ronda [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [3] => Array ( [ArticleID] => 454777 [Title] => Sandiganbayan forfeits Ferdinand Marcos account [Summary] =>

The Sandiganbayan yesterday ordered the forfeiture of another $35 million in Marcos money in the US after ruling that it formed part of the ill-gotten wealth acquired by former President Ferdinand Marcos during his rule.

[DatePublished] => 2009-04-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097363 [AuthorName] => Michael Punongbayan [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [4] => Array ( [ArticleID] => 408350 [Title] => PCGG: $37-M Arelma account in Merrill Lynch safe [Summary] =>

The $37-million Arelma account deposited with the fallen New York stock brokerage firm Merrill Lynch and frozen on suspicion ...

[DatePublished] => 2008-10-19 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [5] => Array ( [ArticleID] => 406413 [Title] => Government lawyers fly to US to check on $37-M Arelma account [Summary] =>

A team of government lawyers from the Office of the Solicitor General (OSG) and the Presidential Commission on Good Government ...

[DatePublished] => 2008-10-11 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1664250 [AuthorName] => Rainier Allan Ronda [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [6] => Array ( [ArticleID] => 45328 [Title] => US Supreme Court sets oral argument for Marcos Arelma account [Summary] =>

The United States Supreme Court has set oral arguments on March 17 to determine the real owners of the $35 million in the name of the Panama-based Arelma Corp., supposedly a dummy of the late President Ferdinand Marcos.

[DatePublished] => 2008-02-18 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [7] => Array ( [ArticleID] => 218225 [Title] => PCGG rejects Swiss lawyer’s claim to Marcos loot [Summary] => It is but a dilatory tactic.

This is what the Presidential Commission on Good Government (PCGG) has to say about the claim made by Swiss lawyer Patrick Foetish on the $683 million Swiss bank accounts of the Marcos family.

Foetish’s claim, the PCGG said, is only meant to delay the turnover of the funds to the Philippine government.

"It is a clear case of dilatory tactic(s)," PCGG commissioner William Dichoso said. "They just want to delay the execution of the Supreme Court’s judgment that is in favor of the government."
[DatePublished] => 2003-08-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1746592 [AuthorName] => Sheila Crisostomo and Rainier Allan Ronda [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [8] => Array ( [ArticleID] => 182721 [Title] => US appeals court upholds PCGG claim on $35-M Marcos account [Summary] => Don’t count the government out.

The United States Court of Appeals has reversed an earlier ruling by a lower court and upheld the legality of the Philippine government’s claim to $35 million in hidden Marcos assets being held in escrow by the US government.

This was reported yesterday to the Presidential Commission on Good Government (PCGG) by American lawyer Stephen Bomse, who represented the agency in the litigation proceedings in the US.
[DatePublished] => 2002-11-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804896 [AuthorName] => Sheila Crisostomo [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [9] => Array ( [ArticleID] => 86866 [Title] => ‘HR victims can’t claim deposits of Marcoses’ [Summary] => Presidential Commission on Good Government (PCGG) chairperson Haydee Yorac said yesterday that it was legally impossible for the agency to allot the $35-million alleged Marcos deposits in a Panamanian firm to the 10,000 human rights victims during the Marcos regime.

"The law (creating) the PCGG directs all (its) financial and other recoveries toward the Comprehensive Agrarian Reform Program (CARP). There are no two ways about that," Yorac said.
[DatePublished] => 2001-07-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804896 [AuthorName] => Sheila Crisostomo [SectionName] => Nation [SectionUrl] => nation [URL] => ) ) )
ARELMA INC
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1362558
                    [Title] => $42 M ill gotten wealth ni Marcos, pinasosoli ng Sandiganbayan
                    [Summary] => 

Pinasosoli ng Sandiganbayan ang may $42 milyong diumano’y ill gotten wealth ni dating Pangulong Ferdinand Marcos.

[DatePublished] => 2014-08-28 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1188759 [AuthorName] => Butch Quejada, Angie dela Cruz [SectionName] => Bansa [SectionUrl] => bansa [URL] => ) [1] => Array ( [ArticleID] => 481393 [Title] => Sandiganbayan asked to finalize forfeiture of $35-million Marcos account [Summary] =>

The government asked the Sandiganbayan Friday to affirm its decision forfeiting a $35-million Marcos account in the United States.

[DatePublished] => 2009-06-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Metro [SectionUrl] => metro [URL] => ) [2] => Array ( [ArticleID] => 455656 [Title] => PCGG seeks turnover of Arelma account to RP [Summary] =>

MANILA, Philippines – The Presidential Commission on Good Government (PCGG) will ask the Bank of America (BA), which took over the fallen New York stock brokerage firm Merrill Lynch last year, to immediately transfer the late President Ferdinand Marcos’ $35-million Arelma account to the Philippine government.

[DatePublished] => 2009-04-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1664250 [AuthorName] => Rainier Allan Ronda [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [3] => Array ( [ArticleID] => 454777 [Title] => Sandiganbayan forfeits Ferdinand Marcos account [Summary] =>

The Sandiganbayan yesterday ordered the forfeiture of another $35 million in Marcos money in the US after ruling that it formed part of the ill-gotten wealth acquired by former President Ferdinand Marcos during his rule.

[DatePublished] => 2009-04-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097363 [AuthorName] => Michael Punongbayan [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [4] => Array ( [ArticleID] => 408350 [Title] => PCGG: $37-M Arelma account in Merrill Lynch safe [Summary] =>

The $37-million Arelma account deposited with the fallen New York stock brokerage firm Merrill Lynch and frozen on suspicion ...

[DatePublished] => 2008-10-19 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [5] => Array ( [ArticleID] => 406413 [Title] => Government lawyers fly to US to check on $37-M Arelma account [Summary] =>

A team of government lawyers from the Office of the Solicitor General (OSG) and the Presidential Commission on Good Government ...

[DatePublished] => 2008-10-11 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1664250 [AuthorName] => Rainier Allan Ronda [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [6] => Array ( [ArticleID] => 45328 [Title] => US Supreme Court sets oral argument for Marcos Arelma account [Summary] =>

The United States Supreme Court has set oral arguments on March 17 to determine the real owners of the $35 million in the name of the Panama-based Arelma Corp., supposedly a dummy of the late President Ferdinand Marcos.

[DatePublished] => 2008-02-18 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [7] => Array ( [ArticleID] => 218225 [Title] => PCGG rejects Swiss lawyer’s claim to Marcos loot [Summary] => It is but a dilatory tactic.

This is what the Presidential Commission on Good Government (PCGG) has to say about the claim made by Swiss lawyer Patrick Foetish on the $683 million Swiss bank accounts of the Marcos family.

Foetish’s claim, the PCGG said, is only meant to delay the turnover of the funds to the Philippine government.

"It is a clear case of dilatory tactic(s)," PCGG commissioner William Dichoso said. "They just want to delay the execution of the Supreme Court’s judgment that is in favor of the government."
[DatePublished] => 2003-08-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1746592 [AuthorName] => Sheila Crisostomo and Rainier Allan Ronda [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [8] => Array ( [ArticleID] => 182721 [Title] => US appeals court upholds PCGG claim on $35-M Marcos account [Summary] => Don’t count the government out.

The United States Court of Appeals has reversed an earlier ruling by a lower court and upheld the legality of the Philippine government’s claim to $35 million in hidden Marcos assets being held in escrow by the US government.

This was reported yesterday to the Presidential Commission on Good Government (PCGG) by American lawyer Stephen Bomse, who represented the agency in the litigation proceedings in the US.
[DatePublished] => 2002-11-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804896 [AuthorName] => Sheila Crisostomo [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [9] => Array ( [ArticleID] => 86866 [Title] => ‘HR victims can’t claim deposits of Marcoses’ [Summary] => Presidential Commission on Good Government (PCGG) chairperson Haydee Yorac said yesterday that it was legally impossible for the agency to allot the $35-million alleged Marcos deposits in a Panamanian firm to the 10,000 human rights victims during the Marcos regime.

"The law (creating) the PCGG directs all (its) financial and other recoveries toward the Comprehensive Agrarian Reform Program (CARP). There are no two ways about that," Yorac said.
[DatePublished] => 2001-07-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804896 [AuthorName] => Sheila Crisostomo [SectionName] => Nation [SectionUrl] => nation [URL] => ) ) )
abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with