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WEDNESDAY |MARCH 21, 2007 | PHILIPPINES

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General offers to return P21M of ‘wealth’


RETIRED Lt. Gen. Jacinto Ligot, former comptroller of the Armed Forces, and his family have offered to turn over assets worth P21 million to the government in exchange for the dropping of the ill-gotten wealth case against them.

In a five-page letter to Special Prosecutor Dennis M. Villa-Ignacio, Deputy Special Prosecutor Robert E. Kallos and Deputy Ombudsman for Mindanao Humphrey T. Monteroso, Rafael B. Zialcita of Zulueta, Puno and Associates, said Ligot and his family are prepared to discuss details of an amicable settlement.

Government lawyers sought the forfeiture of P135.2 million worth of properties said to have been illegally amassed by Ligot while holding various positions in the military.

Ligot’s co-respondents are his wife Erlinda; children Paulo, Riza and Miguel; his sister Miguela Ligot-Paragas; and brother-in-law Edgardo T. Yambao who allegedly acted as conduits or dummies of the retired general.

Ombudsman investigators said that based on Ligot’s statement of assets and liabilities (SAL) from 1982 to 2003, his total income was P6,281,808.09 and his overall expenses was P2,870,064.50, for an overall net income of P3,411,743.59.

They said that anything beyond this amount must be considered ill-gotten.

Among the assets eyed for confiscation are peso and dollar bank accounts, real estate property in the Philippines and in the United States, investments and several motor vehicles.

Zialcita listed 25 Ligot assets with a combined value of P20,930,115.96, not taking into account the depreciation of several properties, including machinery, a Toyota Hilux van and an Isuzu Elf truck.

Also included was $132,000 in cash which the Ligot family said was all that was left of the proceeds of the sale of two US properties since only the down payment had been paid at the time the case was filed and the court issued freeze orders.

Zialcita said only those properties which are under the name of the Ligot family were included in the offer of compromise.

"Properties not covered by this offer are in the names of or actually owned by other people, and hence, it is not proper for our clients to make an offer on the same," he said.

The lawyer said the offer was extended simply for the purpose of terminating the litigation as early as possible.

"The offer of compromise should not be taken as an admission of a liability on the part of our clients and cannot be used as evidence against them," he said.

The Ligots added that they are willing to discuss additional details with prosecutors. – Peter J.G. Tabingo

 


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