MANILA, Philippines - The government has asked the Sandiganbayan to reverse an earlier ruling dismissing a bid to recover the alleged ill-gotten wealth of former Armed Forces of the Philippines Chief of Staff Fabian Ver, his family and other respondents via the operations of Binondo Central Bank in 1984.
In a pleading, the Presidential Commission on Good Government and the Office of the Solicitor General disputed the January 19 ruling of the anti-graft court.
The Sandiganbayan dismissed the civil case filed by the government because of its failure to cite a basis for legal action against Ver and the other respondents.
The government lawyers said the testimony of General Gerardo Flores would prove that Ver was involved in the Binondo Central Bank from its creation until its operation.
Flores testified that Ver, per orders by then President Ferdinand Marcos, had black market dollar buyers arrested.
PCGG-OSG identified the black market dollar traders as Jimmy Chua a.k.a. Chua Hang, Go Pok a.k.a. Tan Guat, Catalino Coo, Raffy Chua, Peter Uy, Benito Peñalosa a.k.a. Chua Se Tat, Yao So a.k.a. Sio Lim, and Wilson Chua a.k.a. Chua Tiong Kian.
Flores said Ver even created Special Task Force Luntian that provided security for the operations of the bank.
Ver’s men supposedly accompanied a Lear Jet that was chartered to deliver between $2 million to $3 million to Hong Kong twice a week.
The eyewitness also claimed Ver was one of the “Group of Eight”, or Marcos’ most trusted men.
In its original complaint, PCGG said the bank was used to transfer secret accounts abroad during the time of Marcos.
Also named in the case were former First Lady and now Ilocos Norte Rep. Imelda Marcos, former Trade Minister Roberto Ongpin and 18 others.
Ver's children, Irwin, Rexor, Wyrlo, Helma Ver-Tuason, and Faida Ver-Resureccion were also named in the case.