Thursday, October 15, 2009

Presidentiables----Coco Levy Fund is BIG ELECTION ISSUE


For me, this coconut levy fund issue is one BIG ISSUE that needs an IMMEDIATE RESOLUTION. Yes, the issue has been filed in the Supreme Court and the SC, by its decision Republic vs. Sandiganbayan and the latest Cocofed case already AFFIRMED that these shares are PRIMA FACIE public by nature, so the question really is---WHY IS GOVERNMENT STILL NOT CLAIMING THESE SHARES IN ITS ENTIRETY? I mean, the value of these shares amount to P 135 billion, more than enough to rehabilitate the entire Luzon devastated by the typhoon.

You guessed it right---CONTROL. Yep, this issue is an issue about CONTROL of Asia's BIGGEST FOOD AND BEVERAGE COMPANY, SAN MIGUEL CORPORATION.

For the government, these funds are likened to 750 million Damocles' swords hanging above the head of SMC Chairman Danding Cojuangco. The Supreme Court is still under the process of reviewing who really owns these shares of stock, even after twenty three years of litigation.

Now, I ask these fine gentlemen seeking the highest office in the land, this very simple question---WILL THEY CONTINUE THE STRUGGLE OF THE COCONUT FARMERS AND RETRIEVE THESE SHARES IN SAN MIGUEL CORPORATION WITHOUT ENTERING INTO A COMPROMISE AGREEMENT?

A compromise agreement runs counter to the very concept of JUSTICE. Imagine, there is overwhelming evidence linking the conversion of the coco levy fund, from "public" to "private", thereby allowing certain individuals, particularly Mr. Danding Cojuangco and Lobregat, to allegedly use these shares to buy stocks and pieces of properties. Numerous SC decisions already ruled in the people's favor and SUBSTANTIATED PIECES OF EVIDENCE presented by the people on the very NATURE of these shares. Now, what prevents government from dispensing JUSTICE?

Answer----POLITICAL ACCOMMODATION. Yes, government has been under very tight leash because of the perceived POLITICAL STRENGTH OF DANDING COJUANGCO.

Danding heads the Nationalist People's Coalition (NPC), a big political party with a very extensive network of local politicians. It has previously aligned itself with Partido ng Masang Pilipino (PMP) of former president Joseph Estrada and is now poised to field its own presidential bet come May 2010.

I ask the NPC presidential bet, namely, Senator Chiz Escudero---what is his stand in relation to the coconut levy fund mess?

I also would like to propound this same question to Senator Noynoy Aquino---will you do a Cory and ask government to go after Mr. Danding Cojuangco?

Same question goes to Defense secretary Gilbert Teodoro---will you allow the conversion of these shares and proceed with the compromise agreement, the same way former president Joseph Estrada did when he issued Executive Order 313?

How about Senator Manny Villar? Being an astute businessman, will you also enter into a compromise agreement with Mr. Cojuangco in relation to this issue?

It seems that the resolution of this issue is tied with the May 2010 elections. BIG Money is involved here---more than P 135 billion. One can't prevent himself from asking what is 2 to even 7 billion pesos thrown by Mr. Cojuangco to support a candidate that favors his claim or stake in these shares?

To be able to transform politics, we need to break the monopoly of certain big business interests in the business of governance. Without this, we will not be able to really implement change nor can we be able to really free ourselves from the clutches of trapo politics.

Hence, to those who listen---TRANSFORM POLITICS is simply deconstructing political reality by destroying BIG BUSINESS INTERESTS OVER POLITICS. Transformational leaders are those who will not allow themselves to be co-opted by Big Business. Transformational Leaders, by our standards, are people of the highest integrity who will never compromise the interest of the majority over the vested interests of the elite.