Filipinos love to drink Eduardo Cojuangco's beer and eat his food, but his other role as a political godfather is having a much more divisive effect as the country gears up for a volatile election campaign.
The 68-year-old chairman of San Miguel Corp, seller of nine of 10 beers in the Philippines, kept a stony silence throughout a recent battle over the impeachment of the top judge that brought the country to the edge of a constitutional crisis.
But the fact that his own political machine launched the attempt to impeach Chief Justice Hilario Davide has left few Filipinos in doubt that he was pulling the strings.
The impeachment was stopped in its tracks last week when a majority of lawmakers agreed with a Supreme Court decision that it was unlawful.
The question now is -- how will Cojuangco react?
The answer could have a major bearing on next May's election when Filipinos go to the polls to choose a president for the first time in six years.
Analysts say that Cojuangco, a close enough friend of late dictator Ferdinand Marcos to have flown into exile with him in 1986, seems to be backing away from making a personal bid for the presidency. The only time he tried in 1992, he was thrashed by Fidel Ramos.
But he undoubtedly has the financial muscle and political connections to be a kingmaker, and the bitter impeachment row may have driven him further away from President Gloria Macapagal Arroyo.
"Many who know him would agree that he is like Don Corleone himself in Mario Puzo's The Godfather in that Cojuangco runs a tight ship, works quietly, moves with very little visibility but packs a lot of power," said William Esposo, a leader of a political action group critical of Arroyo.
His supporters say Cojuangco's no-nonsense business skills are just what the Philippines needs after years of economic mismanagement that have seen the country overtaken by its more dynamic neighbors and left millions mired in poverty.
They see him as a strong businessman coming to the rescue of a troubled nation -- a Philippine version of Thai Prime Minister Thaksin Shinawatra or Italy's Silvio Berlusconi.
Cojuangco's Nationalist People's Coalition (NPC) has been in a very loose alliance with Arroyo's ruling party for three years, often acting in opposition. The failure to have Davide impeached could prompt "The Boss," as friends and employees call him, to back another political horse.
Analysts believe Cojuangco is determined to oust Davide, during whose tenure the Supreme Court has issued several unfavorable rulings on a multi-billion-peso coconut levy fund that was used to buy a bank and shares in San Miguel.
Soon after Marcos was overthrown, the new government sequestered a 47 percent block of shares in San Miguel on suspicion it had been amassed using funds illegally collected from coconut farmers during his dictatorial rule.
Of this stake, Cojuangco has claimed about 20 percent as his own investment. The other 27 percent is claimed by coconut farmers and a private coconut producers' group.
Since the legal battle for control of the coconut levy fund began in 1987, Cojuangco has won victories at the anti-graft court only to suffer bitter reversals at the Supreme Court.
On December 2001, the Supreme Court issued a landmark ruling that the coconut levy fund was public, or, in other words, belonged to the Philippine people. It ordered the anti-graft court to finally settle the case.
Cojuangco backed the successful 1998 presidential campaign of Joseph Estrada. In 2001 the former movie star -- nicknamed Erap -- was ousted in a Catholic Church-backed uprising after allegations that he had plundered state funds and Arroyo, his vice-president, took over.
"What Cojuangco cares about is himself and his financial empire, which bankrolled Erap to victory in 1998 and could bankroll another winner in 2004," wrote Ana Marie Pamintuan in the Philippine Star newspaper.
"But Cojuangco's finances -- and his hold on San Miguel -- will depend a great deal on decisions that will be made by the Supreme Court," Pamintuan said.
Cojuangco has deftly mixed business with politics since his younger years in Tarlac province, north of Manila, where he grew up on his father's sugarcane farm.
Many believe it is Cojuangco's business interests that will force him again to wade into the country's murky political waters, most likely on the side of the opposition.
SEEKING CHANGE: A hospital worker said she did not vote in previous elections, but ‘now I can see that maybe my vote can change the system and the country’ Voting closed yesterday across the Solomon Islands in the south Pacific nation’s first general election since the government switched diplomatic allegiance from Taiwan to Beijing and struck a secret security pact that has raised fears of the Chinese navy gaining a foothold in the region. The Solomon Islands’ closer relationship with China and a troubled domestic economy weighed on voters’ minds as they cast their ballots. As many as 420,000 registered voters had their say across 50 national seats. For the first time, the national vote also coincided with elections for eight of the 10 local governments. Esther Maeluma cast her vote in the
Nearly half of China’s major cities are suffering “moderate to severe” levels of subsidence, putting millions of people at risk of flooding, especially as sea levels rise, according to a study of nationwide satellite data released yesterday. The authors of the paper, published by the journal Science, found that 45 percent of China’s urban land was sinking faster than 3mm per year, with 16 percent at more than 10mm per year, driven not only by declining water tables, but also the sheer weight of the built environment. With China’s urban population already in excess of 900 million people, “even a small portion
UNSETTLING IMAGES: The scene took place in front of TV crews covering the Trump trial, with a CNN anchor calling it an ‘emotional and unbelievably disturbing moment’ A man who doused himself in an accelerant and set himself on fire outside the courthouse where former US president Donald Trump is on trial has died, police said yesterday. The New York City Police Department (NYPD) said the man was declared dead by staff at an area hospital. The man was in Collect Pond Park at about 1:30pm on Friday when he took out pamphlets espousing conspiracy theories, tossed them around, then doused himself in an accelerant and set himself on fire, officials and witnesses said. A large number of police officers were nearby when it happened. Some officers and bystanders rushed
HYPOCRISY? The Chinese Ministry of Foreign Affairs yesterday asked whether Biden was talking about China or the US when he used the word ‘xenophobic’ US President Joe Biden on Wednesday called for a hike in steel tariffs on China, accusing Beijing of cheating as he spoke at a campaign event in Pennsylvania. Biden accused China of xenophobia, too, in a speech to union members in Pittsburgh. “They’re not competing, they’re cheating. They’re cheating and we’ve seen the damage here in America,” Biden said. Chinese steel companies “don’t need to worry about making a profit because the Chinese government is subsidizing them so heavily,” he said. Biden said he had called for the US Trade Representative to triple the tariff rates for Chinese steel and aluminum if Beijing was