Monday, December 7, 1998

Imelda faces crony revolt

Tonight
Monday, December 7, 1998
Willie S. Baun
Streetlights

Hope, I don't think top business moguls to be named by Imelda R. Marcos in a threatened P500-billion court case are shaking in their Bally boots.

Specially not Eduardo Cojuangco, the boss of bosses who is now San Miguel chairman, who's proven himself to be truly as tough as nail.

Lucio Tan, the Capitan, the Allied Bank chairman, isn't the type known to panic under throat either, a steely trait the PAL unionists realized too late.

Antonio “Tonyboy” Cojuangco, Roberto Benedicto, Rolando Gapuda and Manuel Nieto are not known to crack under pressure, although not the showdown type.

Imelda flays them as trustees who have become "untrusted" for turning their backs on the heirs of the late President Marcos.

Put plainly, Imelda accuses them of coveting money and property — the Marcos loot — and vows to take them down for usurping the dictator's economic throne.

“We practically own everything in the Philippines," boasts Imelda, who used to break down in a pool of (crocodile) tears for having been forced to live off the charity and loans of friend.

Imelda is on a deadly flutter again. Let's see if the Iron Butterfly can possess as in the old days, men and money at will and whim.

I'm betting Imelda is in for a damn good fight. Sans Ferdie, Fabian and the military arsenical, she's wading into a level playing field. She's alien to it.@

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