Erap Guilty of Plunder case

Former President of the Philippines Joseph Estrada was judged Guilty for Plunder charges. Republic Act 7080 imposes a penalty of “reclusion perpetua” for the crime of plunder, meaning imprisonment ranging from 20 years and one day to 40 years, “with civil interdiction of marital authority and of disposal of property, and perpetual absolute disqualification from public office or profession.”

his Son Jinggoy Estrada and Atty. Serapio was Acquitted on plunder charges, as a result the cash bond were order cancelled. sandiganbayan allowed the former president to stay in his rest house in tanay rizal until the further notice.

The sandiganbayan also said the forfeiture of the P542.701 million worth of bank accounts including the interest and income earned,the P200-million deposited under the account of erap Muslim youth foundation, P189 million worth of Jose Velarde accounts and also the boracay mansion in Quezon city.

The perjury charges for Pres. Estrada, was found not guilty.

more news clickhere. (source gma7)

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