Commercial
Remedial
Constitutional
Ponente: PEREZ, J.
Decision Date: 2016-02-10
GR Number: G.R. No. 174462
Digest Team
4 months ago
Avg. Rating:
Summary:
This case involves a petition for certiorari filed by Philippine Overseas Telecommunications Corporation (POTC) and Philippine Communications Satellite Corporation (Philcomsat) seeking to nullify the resolution of the Sandiganbayan denying their omnibus motion to lift the sequestration order issued by the Presidential Commission on Good Government (PCGG). The PCGG had sequestered POTC and Philcomsat as part of its efforts to recover properties amassed by former President Ferdinand Marcos and his cronies. The petitioners argue that the sequestration should be lifted because the ownership of the sequestered properties has already been finally adjudged and the purpose of sequestration has been accomplished.
Doctrine:
Sequestration is a provisional measure intended to prevent the destruction, concealment, or dissipation of properties suspected to be ill-gotten. It is a conservatory writ and is only temporary in nature. The power of the PCGG to sequester is provisional and the sequestration shall last until the transactions leading to the acquisition of the property can be disposed of by the appropriate authorities. Once the sequestered property has been finally disposed of and ownership has been adjudged, the sequestration is rendered functus officio and should be lifted.
Facts:
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Issues Ratio:
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Dispositive:
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Donec enim diam vulputate ut pharetra sit amet aliquam id. Gravida rutrum quisque non tellus. Donec ultrices tincidunt arcu non. Ut aliquam purus sit amet. Pulvinar neque laoreet suspendisse interdum consectetur. Non enim praesent elementum facilisis leo vel fringilla est ullamcorper. Interdum varius sit amet mattis vulputate enim. Sagittis vitae et leo duis ut. Commodo quis imperdiet massa tincidunt nunc pulvinar sapien. Erat imperdiet sed euismod nisi porta. Nulla facilisi nullam vehicula ipsum a arcu cursus vitae. Amet aliquam id diam maecenas ultricies mi eget. Sit amet nulla facilisi morbi tempus iaculis urna id volutpat. Volutpat consequat mauris nunc congue nisi vitae. Sagittis eu volutpat odio facilisis mauris. A arcu cursus vitae congue mauris rhoncus. Amet purus gravida quis blandit. Faucibus vitae aliquet nec ullamcorper sit amet. Sed egestas egestas fringilla phasellus faucibus scelerisque eleifend donec pretium.
Other Notes:
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
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