Word: cojuangcos
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...palace for the short trip to their family home in the Greenhills section of Manila, where they will be allowed to stay for five days. On Wednesday, under an agreement negotiators have reportedly reached, they will fly to Australia aboard the executive jet of prominent Erap crony Eduardo Cojuangco. They will live, for a while at least, at one of Cojuangco's properties in Australia. Meanwhile, Arroyo delivered an inaugural address that captured well the spirit of EDSA II by invoking the need to "improve moral standards in government and society, change the character of politics in order to create...
...THAT WAS clear in last week's Philippine presidential election was which of the seven candidates had lost. They included House Speaker Ramon Mitra and Vice President Salvador Laurel, nominees of the country's two largest parties. Imelda Marcos, the former President's widow, was sixth, and Eduardo Cojuangco, a longtime Marcos colleague, was third...
...Filipinos, however, the reshuffling looked too modest to silence claims of scandal in high places. Though many of those tales flow from flimsily documented stories in the Manila press, which now enjoys unprecedented freedom, Filipinos follow them avidly. A frequent target of reports is Aquino's brother Jose ("Peping") Cojuangco Jr., a wealthy and powerful congressman. Shortly after Aquino took office, newspaper stories charged that Cojuangco had helped some of his cronies gain control of a lucrative cargo-handling business; he is also suspected of using family ties to get jobs for friends in Manila casinos. Cojuangco has denied...
...lack of prosecution means little in a country where the rich and powerful are perceived to be above the law. "It would take a first-class fool to testify against someone like Peping Cojuangco," explains Blas Ople, executive vice president of the opposition Nacionalista Party and a former Minister of Labor under Marcos...
...corruption cases the authorities have pursued, Cojuangco's wife Margarita was suspected of having taken a $1 million bribe from an Australian businessman last year to help him obtain a gambling-casino license. In the end, the National Bureau of Investigation filed no charges: the probers said the Australian had been duped by a woman who impersonated Cojuangco's wife...