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Kasosyo foundation data raise suspicion

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Saturday, February 04, 2006 (Philippines)

Kasosyo data raise suspicion
Manila Lawyers (left photo, from left) Emmanuel Brotando, Paris Real, and Sherwin Real are surprised to hear Cebu RTC Judge Ireneo T. Gako order their arrest “without bail.” A line in their pleading in the Wesy Quisumbing case set off the order.(Sunstar photo/Amper Campaña)
Kasosyo Foundation Inc., which received P6 million in fertilizer funds for two congressional districts, was registered with the Securities and Exchange Commission (SEC) in Manda-luyong City, Metro Manila on May 30, 2002.

In its articles of incorporation, Kasosyo said it will “help in the promotional programs/undertakings of government agencies, particularly in livelihood, health and education development.”

While its address was Minglanilla, Cebu at the time of registration, the general information sheet (GIS) filed with the SEC on March 31, 2004 stated its address as Room 102 of the Visayas Community Medical Center, the clinic of Rep. Antonio Yapha.

[full story]

  Local News
Judge angered by claim he was ex-lawyer of NQ
Regional Trial Court (RTC) Judge Ireneo Gako yesterday ordered three Manila-based lawyers thrown behind bars for contempt, because they “sneered” at the court with “words dripping with arrogance, sarcasm and disdain.”
[full story]
Liquid fertilizer distributed in Cebu City south
Cebu City Agriculturist Joelito Baclayon confirmed that more than 5,000 liters of liquid fertilizer were distributed to farmers in 11 Cebu City south district barangays in 2004.
[full story]
MCWD to pass franchise tax to consumers
Taxes will cause water rates in Metro Cebu to rise starting this month, even as the country’s top bishop urged the government to rethink the Reformed Value-Added Tax (R-VAT) Law and spare consumers an added burden.
[full story]

 
Business
Prices unchanged even with RVAT hike - DTI
Pinoy makes use of coco husk, wins award
Analysts expect shares to bounce next week
Travel-lifestyle show set to make over P16M in sales - organizers
 
Opinion
Editorials: Nothing new in fertilizer fund issue
Nalzaro: Part of a corrupt system
Libre: Not your hero
Carvajal: Unbelievable Comelec
 
Sports
Jewelers v. PacMan in finals
Tan tows Chester ’67/’83 to victory against Villa 70s
Sayson: Shaq’s injury and Artest the ‘King’
Pages: Green tea? Goodbye gold, Marie
 
Lifestyle
The taste of lemon grass
Deja Vu with Katrina

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