Erap is Guilty of Plunder
Former Philippine President Joseph Ejercito Estrada was declared not guilty of perjury but was convicted of plunder yesterday, September 12 at the Sandiganbayan.
Here are the highlight verdicts (source: GMA news):
- GUILTY of plunder for taking P189.7-M kickback from purchase of Belle Corp stocks and P545-M payola from ‘jueteng’ operators
- CLEARED of diverting tobacco excise tax and maintaining bank account under alias Jose Velarde
- ACQUITTED of perjury related to misdeclaration of income
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