Philippine Supreme Court: Presidential Commission on Good Government's Duty Is to Preserve, Not Grow, Sequestered Assets
September 26, 2026
September 26, 2026
MANILA, Philippines, Sept. 26 -- The Supreme Court of the Philippines issued the following news release:
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SC: PCGG's Duty Is to Preserve, Not Grow, Sequestered Assets
September 25, 2026
The Supreme Court (SC) has ruled that the Presidential Commission on Good Government (PCGG) is not liable to pay interest or damages on funds it sequestered or took custody of. The PCGG's duty is only to preserve the funds, not to make them grow.< . . .
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SC: PCGG's Duty Is to Preserve, Not Grow, Sequestered Assets
September 25, 2026
The Supreme Court (SC) has ruled that the Presidential Commission on Good Government (PCGG) is not liable to pay interest or damages on funds it sequestered or took custody of. The PCGG's duty is only to preserve the funds, not to make them grow.< . . .