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Marcos appointed Mr Roberto S. Benedicto as chairman of Philsucom.All transaction pertaining to sugar, especially it's export, were then controlled by Marcos throught Mr. Benedicto.
In 1978, Philsucom
acquired control of the republic Planters Bank (RPB).Benedicto was installed as President of the bank, at the same time he was chairman of Philsucom and President of NASUTRA.
...The plunder of the sugar industry could not have been done without the knowledge and connivance of Marcos, Benedicto, Philsucom, NASUTRA and the conduit banks.
VMA Global College, formerly ...
VMA Global College, formerly Visayan Maritime Academy, was founded in 1974 by the late Ambassador Roberto S. Benedicto which earned a well-deserved reputation for its quality Maritime Education until in May 1986 when it closed due to management decis
The New Riviera Hotel Development ...
The New Riviera Hotel Development Company Inc. started its operations on May 3, 1974 under the late Ambassador Roberto Benedicto.
The Regional Trial Court of Manila handed down a directive Friday to PNB and Bangko Sentral ng Pilipinas to submit within 10 days their manifestations as to their inclusion as party defendants to the cases filed against the late ambassador Roberto Benedicto and the Republic Planters Bank by Papsi way back in 1988.Benedicto was the former chair of the National Sugar Trading Corp. (Nasutra) and the Philippine Sugar Commission (Philsucom), then the monopoly-trading arm created by the Marcos administration which planters claim resulted in the collapse and the plunder of the sugar industry.
Papsi filed the cases to recover what they alleged was stolen from them during the Marcos
administration and to hold Benedicto
, Nasutra and Philsucom
"accountable for the crimes they committed against the sugar industry."
If Ferrer gets his way in ...
If Ferrer gets his way in 2016, Peña expressed apprehension that the days of Roberto S. Benedicto will make a comeback in the sugar industry and the province.
tenure as head of the Philippine Sugar Commission
(Philsucom) in the 1980's, Benedicto
blamed for causing massive losses to sugar producers, because of the single-marketing scheme in which Philsucom
bought the producers' sugar at very low prices.