mcs
09/12/07, 11:22 AM
By Tetch Torres
INQUIRER.net
MANILA, Philippines -- Former president Joseph Estrada has been found guilty beyond reasonable doubt of plunder by the Sandiganbayan and has been sentenced to life imprisonment.
At the same time, the anti-graft court ordered the freezing of Estrada’s accounts estimated at $87 million.
The funds, including protection money from illegal gambling operators, embezzled tobacco taxes, and commissions from insider trading, will be "forfeited," the anti-graft court ruled.
But Estrada son, Senator Jose “Jinggoy” Estrada, and lawyer Eduardo Serapio, were acquitted by the anti-graft court in its ruling issued Wednesday that capped a six-year trial for the former leader who was ousted in a popular revolt in 2001.
The perjury case against Estrada however was dismissed.
The court said it would allow Estrada to stay at his resthouse in Tanay, Rizal “until further orders.”
:eek:
INQUIRER.net
MANILA, Philippines -- Former president Joseph Estrada has been found guilty beyond reasonable doubt of plunder by the Sandiganbayan and has been sentenced to life imprisonment.
At the same time, the anti-graft court ordered the freezing of Estrada’s accounts estimated at $87 million.
The funds, including protection money from illegal gambling operators, embezzled tobacco taxes, and commissions from insider trading, will be "forfeited," the anti-graft court ruled.
But Estrada son, Senator Jose “Jinggoy” Estrada, and lawyer Eduardo Serapio, were acquitted by the anti-graft court in its ruling issued Wednesday that capped a six-year trial for the former leader who was ousted in a popular revolt in 2001.
The perjury case against Estrada however was dismissed.
The court said it would allow Estrada to stay at his resthouse in Tanay, Rizal “until further orders.”
:eek: