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PHILIPPINE LAWS, STATUTES & CODES

A collection of Philippine laws, statutes and codes not included or cited in the main indices of the Chan Robles Virtual Law Library.


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LETTER OF INSTRUCTIONS

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LETTER OF INSTRUCTIONS NO. 250

LETTER OF INSTRUCTIONS NO. 250

TO    :      The Governor

        Central Bank of the Philippines


Further to Letter of Instructions No. 199 dated June 29, 1974, addressed to the Secretary of National Defense and General Fabian Ver, NISA, you are authorized and directed to take over the control and management of the assets to Vicente T. Tan and of the following companies which are affiliated with, related to, associated with, owned and/or controlled by Vicente T. Tan:

Trans-World Investment Corporation
Victan & Co., Inc.
First International Investment Co., Inc.
Far East Petroleum & Minerals Corporations
Continental Land & Building Corporation
Philcontrust International Corporation
Continental Finance Corporation
Overseas Insurance Corporation
Pentagon Mines, Inc.
Community Rural Bank of Panay City, Inc.
Ortigas Development Corporation
Cardinal Development Corporation
Galleon Trader, Inc.
Supreme Investment Corporation
Community Foods, Inc.


at such times and under such circumstances as you may deem appropriate and necessary to safeguard the assets of Vicente T. Tan and of such companies.

You shall coordinate in this matter with the Secretary of National Defense and the Director-General of the National Intelligence and Security Authority.

Done in the City of Manila, this 10th day of February in the year of Our Lord, nineteen hundred and seventy-five.

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