I. BANNER STORIES
CA freezes accounts linked to fertilizer scam
By Jerome Aning, Tetch Torres
Philippine Daily Inquirer, INQUIRER.net
First Posted 06:29:00 07/04/2008
MANILA, Philippines—The Court of Appeals Thursday ordered the freezing of 70 accounts in 17 banks and insurance firms linked to the multimillion-peso fertilizer fund scandal.
CA freezes accounts tied to fertilizer scam
By Mike Frialde
Friday, July 4, 2008
The Court of Appeals (CA) has ordered the freezing of the bank accounts of former agriculture undersecretary Jocelyn “Jocjoc” Bolante and several others for their alleged involvement in the P728-million fertilizer scam.
http://www.philstar.com/index.php?Headlines&p=49&type=2&sec=24&aid=20080703109]
3. Manila Times
Oil prices surge past $146
Rates could hit $150 per barrel in trading today
LONDON: The price of oil rocketed to a record high past $146 a barrel here Thursday owing to falling reserves of US crude, simmering tensions over Iran and a weak dollar, traders said.
http://www.manilatimes.net/national/2008/july/04/yehey/top_stories/20080704top1.html
4. Malaya
70 ‘Joc Joc’ bank accounts frozen
Fruits of P728M fertilizer scam?
BY JP LOPEZ
THE Court of Appeals yesterday issued a 20-day freeze order on 70 bank accounts in 23 banks of former Agriculture Undersecretary Jocelyn "Joc Joc" Bolante and several other individuals and entities believed to be involved in the P728 million fertilizer fund scam in 2004.
http://www.malaya.com.ph/jul04/news1.htm
Adaza, 4 ex-AFP charged
07/04/2008
Charges were filed yesterday by the Philippine National Police (PNP) against former Assemblyman and lawyer Homobono Adaza before the Department of Justice (DoJ) after he was apprehended along with a fugitive police officer and three other retired military officers in Pasig City last Wednesday.
http://www.tribune.net.ph/headlines/20080704hed1.html
7. Abante
P7 IPAPATONG SA DIESEL!
(JB Salarzon/Rose Miranda/Tina Mendoza/Bernard Taguinod)
Sa loob lang ng buwang ito, aabot sa P7 ang ipapatong pang halaga ng mga kumpanya ng langis kada litro ng diesel upang mahabol ang umano’y ‘cost recovery’.
http://www.abante.com.ph/issue/july0408/default.htm
ESTUDYANTE NA-GANG RAPE SA CAMPUS
Ni Aries Cano
Tulala, hindi na makakain at tila gabi-gabi umanong dinadalaw ng matinding bangungot ang isang 16-anyos na 1st year college student ng isang state university makaraang pagtulungan umanong pagpasasaan ang pagkababae nito ng isang grupo ng mga estudyante na kaklase pa ng biktima sa loob mismo ng school campus sa Maynila.
http://www.abante-tonite.com/issue/july0408/news_story1.htm
Coup plot silat!
Ni Joy Cantos
Friday, July 4, 2008
Nasilat ang panibagong coup d’ etat na ikinakasa upang ibagsak ang administrasyon ni Pangulong Arroyo makaraang masakote ng mga awtoridad si human rights lawyer Atty. Homobono Adaza at apat pang opisyal ng militar at pulisya. http://www.philstar.com/index.php?Bansa&p=50&type=2&sec=54&aid=20080703135
10. Journal
ADAZA, 5 OTHERS CHARGED
By: Alfred P. Dalizon
COUP PLOTTERS? Lawyer Homobono Adaza talks with his co-accused former Supt. Rafael Cardeno, and retired colonels Cesar Dela Pena, Ernie Amboy and Army Lt. Col. Oscar Mapalo during their inquest yesterday in Camp Crame. Photo by J.R.Labanero
http://www.journal.com.ph/index.php?issue=2008-07-04&sec=1&aid=65398
11. Business World
BY AIZEL JOYCE A. CATIPAY
$1-B food security venture set
San Miguel, Kuok to develop one million hectares of idle gov’t land
CONGLOMERATE San Miguel Corp. and the Kuok Group of Companies have agreed to invest up to $1 billion for an agricultural project aimed at helping the Philippine government ensure food security.
http://bworldonline.com/BW070408/content.php?id=001
12. Business Mirror
SMC, Kuok in $1-B food tie-up
By Honey Madrilejos-Reyes
Reporter
BIG businesses San Miguel Corp. (SMC) and Kuok Group of Companies are pooling together $1 billion to develop agricultural lands that will help address the country’s food-security concerns.
http://www.businessmirror.com.ph/0704&052008/headlines01.html
II. POLITICAL
Probers told: 2 of ship’s ballast tanks empty
By Leila Salaverria, Allison Lopez, Katherine Evangelista
Philippine Daily Inquirer, INQUIRER.net
First Posted 01:33:00 07/04/2008
MANILA, Philippines—The MV Princess of the Stars may have been unstable when it sailed, thus dooming it to sink and capsize after being battered by big waves, a member of the Board of Marine Inquiry (BMI) theorized Thursday.
AFP chief on new coup plot: Are they serious?
By Nikko Dizon, Michael Lim Ubac, Jerome Aning
Philippine Daily Inquirer
First Posted 03:35:00 07/04/2008
MANILA, Philippines -- The country’s top security officials on Thursday belittled the capability of lawyer Homobono Adaza and retired military and police officials to lead an alleged attempt to oust President Gloria Macapagal-Arroyo from power.
Corporate fight turns into coup plot
By Alcuin Papa
Philippine Daily Inquirer
First Posted 03:39:00 07/04/2008
MANILA, Philippines -- Intracorporate wrangling between Japanese and Filipino investors involved in the construction of a beach resort in Marinduque province spawned the fresh attempt to topple the Arroyo administration, documents obtained by the Philippine Daily Inquirer on Thursday showed.
Court orders Sulpicio Lines to pay P6.2M to victim’s kin
By Connie E. Fernandez
Cebu Daily News
First Posted 04:46:00 07/04/2008
CEBU CITY—Sulpicio Lines Inc. has been ordered by the Regional Trial Court here to pay P6.2 million in damages to the family of a missing passenger of one of its ships that sank 10 years ago.
‘BAD FOR BUSINESS’
Shipowners buck new sailing guidelines during storms
By Leila Salaverria
Philippine Daily Inquirer
First Posted 04:47:00 07/04/2008
The Philippine Coast Guard’s new, more stringent guidelines for ships sailing during storms could be tested soon if the prevailing tropical depression turns into a typhoon.
What went before: P728-M fertilizer scam
Philippine Daily Inquirer
First Posted 07:28:00 07/04/2008
Two months before the May 2004 presidential election, Sen. Panfilo Lacson, a presidential candidate, accused President Gloria Macapagal-Arroyo, herself running for election, of “virtual vote-buying” by authorizing the release of P728 million to favored officials to buy farm inputs like fertilizer and pesticide for their constituents, as part of the Ginintuang Masaganang Ani (GMA) project.
Sulpicio loses court case
Friday, July 4, 2008
CEBU – A Regional Trial Court judge here awarded P6 million to the heirs of one of the fatalities in the M/V Princess of the Orient, another ship owned by Sulpicio Lines Inc., which sank off Batangas in 1998.
http://www.philstar.com/index.php?Headlines&p=49&type=2&sec=24&aid=20080703110
Repeal of Lateral Attrition Law eyed
By Aurea Calica
Friday, July 4, 2008
Sen. Francis Escudero vowed yesterday to push for the repeal of the Lateral Attrition Act of 2005 since it was apparently susceptible to abuse by officials of revenue-generating agencies.
http://www.philstar.com/index.php?Headlines&p=49&type=2&sec=24&aid=20080703111
MNLF, MILF want ARMM polls deferred after Isnaji arrest
By Roel Pareño
Friday, July 4, 2008
ZAMBOANGA CITY – The two largest Muslim secessionist groups urged government to postpone the elections in the Autonomous Region in Muslim Mindanao (ARMM) due to the arrest of Indanan, Sulu Mayor Alvarez Isnaji.
http://www.philstar.com/index.php?Headlines&p=49&type=2&sec=24&aid=20080703114
2 new Comelec commissioners take oath, to oversee ARMM polls
By Sheila Crisostomo
Friday, July 4, 2008
Two newly appointed commissioners of the Commission on Elections (Comelec) would barely have time to warm their seats as they have been assigned to supervise the scheduled elections in the Autonomous Region in Muslim Mindanao (ARMM) on Aug. 11.
http://www.philstar.com/index.php?Headlines&p=49&type=2&sec=24&aid=20080703117
RP losing P15 B annually to disasters – World Bank
By Christina Mendez
Friday, July 4, 2008
The country has incurred an annual direct damage amounting to P15-billion as a consequence of natural disasters in a span of 30 years, the World Bank reported yesterday.
http://www.philstar.com/index.php?Headlines&p=49&type=2&sec=24&aid=20080703118
Nograles opposes gov’t takeover of Sulpicio
By Delon Porcalla
Friday, July 4, 2008
Speaker Prospero Nograles yesterday said the government must make the “disaster-prone” Sulpicio Lines pay for the death of at least 700 passengers of the ill-fated M/V Princess of the Stars, rejecting proposals for a government takeover.
http://www.philstar.com/index.php?Headlines&p=49&type=2&sec=24&aid=20080703121
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