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Monday, February 24, 2014

China Fired Cannon to Philippine Fishermen in Palawan Waters

China used water cannon on Philippine fishermen Spratly Islands. Photo: rt.com

 

Philippines says China used water cannon on fishermen in disputed sea

MANILA (Reuters) - A Chinese coastguard ship used a water cannon last month to drive Filipino fishermen out of disputed waters in the West Philippine Sea (South China Sea), illustrating aggressive enforcement of new Chinese rules, the head of the Philippine military said on Monday.

 

China has since the beginning of the year required foreign fishing boats to get approval before entering waters that China claims as its own.

 

"The Chinese coastguard tried to drive away fishermen to the extent of using water cannon," Armed Forces Chief of Staff General Emmanuel Bautista told foreign correspondents, referring to a January 27 incident near the Scarborough Shoal.

 

China claims about 90 percent of the West Philippine Sea (South China Sea)'s 3.5 million sq km (1.35 million sq mile) waters. The sea provides 10 percent of the global fish catch, carries $5 trillion in ship-borne trade a year and is believed to be rich in energy.

 

Taiwan, Malaysia, the Philippines, Brunei and Vietnam also claim parts of the sea.

 

Bautista declined to give more details about the confrontation in the area, about 130 nautical miles west of the main Philippine island of Luzon, saying the military still had to talk to the fishermen.

 

He said the Philippine military would try to avoid confrontation with China but would react if China used violence against Philippine fishermen.

 

Chinese Foreign Ministry spokeswoman Hua Chunying said she was not aware of details of the situation, and repeated that China had sovereignty over the West Philippine Sea (South China Sea) and its islands.

 

"The relevant Chinese maritime forces carry out normal official patrols in that area," she told a daily news briefing.

 

A senior Philippine navy official said it was the first time China used water cannon in the area.

 

"Our fishermen are used to playing a dangerous cat-and-mouse game but China has become very aggressive," said the navy official who declined to be identified because he is not authorised to speak to the media.

 

The Philippines has taken its dispute with China to arbitration under the U.N. Convention on the Law of the Sea but China is refusing to participate in the case.

 

China has rejected challenges to its sovereignty claims and accused the Philippines of illegally occupying Chinese islands in the seas and of provoking tension.

 

This month, the commander of the U.S. Navy said the United States would come to the aid of the Philippines in the event of conflict with China over disputed waters.

 

The U.S. ambassador to the Philippines, Philip Goldberg, who was attending the same forum as Bautista, urged the Association of South East Asian Nations and China to accelerate negotiations on a code of conduct for the sea to avoid accidents and miscalculations.

 

"We believe that the agreement on the code of conduct is long overdue," Goldberg said, adding that the United States supported Philippine efforts to bring the dispute to international arbitration.

 

(Reporting By Manuel Mogato; Additional reporting by Ben Blanchard in BEIJING; Editing by Robert Birsel)

Reuters

 

Friday, February 14, 2014

$29 Million or ₱1.3 Billion from Marcos' Swiss bank accounts returned to the Philippine Government



An estimated $29 million or ₱1.3 Billion, previously stored in secret Swiss accounts kept by the late President Ferdinand Marcos and family members, have been returned to the Philippine government. 

The Presidential Commission on Good Government (PCGG) made this announcement on Wednesday, roughly two weeks before the Philippines is set to commemorate the 1986 People Power Revolution that deposed Marcos who, with close family members, relatives, and cronies, sought exile in Hawaii. 

Worth P1.3 billion, the funds were from accounts held in the name of several foundations which were later proven to be "fronts of the [members of the] Marcos family," Andres Bautista, PCGG Chairperson said in a press briefing held on Wednesday morning. 

The funds—which were originally denominated in two currencies including the British pound—were transferred to the national treasury after the PCGG, on the strength of Philippine, Swiss, and Singaporean court decisions, engaged in talks with several financial institutions to recover the Marcoses' ill-gotten wealth. 

In 1997, the Swiss Federal Supreme Court ordered the funds to be turned over to the Philippine government, Bautista explained. 

"There was enough evidence to convince the Swiss courts particularly the highest court of Switzerland, the Swiss Federal Supreme Court, to say that these are really ill-gotten wealth and that's why they agreed to the repatriation of these funds back to the Philippines," he said during the briefing. 

However, the Swiss court set conditions before the funds be turned over to the Philippine government. 

These conditions were: that the funds were to be invested in a double A bank; that a final decision regarding the matter be issued by the Philippines' Supreme Court; and that the Philippine government should enter an escrow arrangement with another bank. 

As a result of the Swiss court ruling, the money was later placed in West Landesbank in Singapore and the Philippine government arranged to have the money temporarily held by the privately-led Philippine National Bank, which used to be one of the government's depository banks but is now a lender controlled by businessman Lucio Tan, a known associate of the Marcoses. 

In July 2003, the Philippine Supreme Court issued a decision granting the forfeiture of these assets in favor of the government. 

Not long after, a case was filed in Singapore by lawyers of human rights victims during the Marcos dictatorship. The case sought to stake a claim on funds from the Swiss accounts that were, at that time, stored in West Landesbank. 

But in August 2012, a Singapore High Court sustained the claim of the Philippine National Bank, stating that "it holds the legal title as a trustee of the Republic of the Philippines," Bautista explained during the briefing. 

In December 2013, the Singapore Court of Appeals affirmed the judgment, paving the way for a meeting between "the PCGG, the PNB, as well as the [Wes Landesbank] which held the funds," regarding the fund turnover, Bautista said. 

And on February 5 and 10, the PCGG was finally able to turn over the funds to the Philippine national treasury, Bautista said. 

A total of P166 billion have been recovered by the PCGG in its 28-year existence, Bautista said.

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