The state of the President's finances: Can Estrada explain his wealth? Part one

MANILA, Philippines, July 23, 2000 — This two-part series was originally published on the website of the Philippine Center of Investigative

Excerpts from this story referencing "Ejercito":

"… having a long-term relationship, and her 31-year old son Jose Victor JV’ Ejercito.Gomez, who admits to her entrepreneurial inclinations in newspaper intervi …"

"… firms.Also listed as shareholder in two of the Gomez companies is Joel O. Ejercito; his sister, Ma. Theresa O. Ejercito, is stockholder in five. Both are the …"

"… two of the Gomez companies is Joel O. Ejercito; his sister, Ma. Theresa O. Ejercito, is stockholder in five. Both are the President’s children with Peachy O …"

"… h has been paid up, half by Gomez and the rest by JV, Joel and Ma. Theresa Ejercito, and one Joey G. Estrada.Another real estate company, Meiji Inc., is devel …"

The state of the President's finances: Can Estrada explain his wealth? Part two

July 23, 2000 — This two-part series was originally published on the website of the Philippine Center of Investigative Journalism (PCIJ) on

Excerpts from this story referencing "Ejercito":

"… , 2000. It is reprinted here with permission.In 1998, Jose Victor ‘JV’ Ejercito, then 29 years old, became the biggest shareholder of the newly formed Bes …"

"… pany now in the dock for stock manipulation and insider trading.Apart from Ejercito, the other incorporators of the construction firm were businessman Dante T …"

"… ders of Best World Gaming include Tan, and lawyer Rivera—both of them JV Ejercito’s business partners in Best World Construction. In December 1998, the Ph …"

"… by the involvement of presidential relatives in business. In an interview, Ejercito explained that he was drawn into Best World Construction by Tan and his pa …"

Wives and children live lavish lifestyle

By Sheila Coronel

MANILA, November 15, 2000 — Many years ago, he built one for the first lady, a sprawling mansion at 1 Polk St. in North Greenhills in San Ju

Excerpts from this story referencing "Ejercito":

"… ident’s mother celebrated her birthday in a two-story villa owned by the Ejercitos in Laguna. Built in 1912, the house had fallen to neglect after the Secon …"

"… ario Yu, Lucio Tan’s ex-secretary; former presidential assistant Cecilia Ejercito de Castro, Estrada’s cousin who was implicated in a P200 million ($4 mil …"

"… d member of the Bases Conversion Development Authority.Estrada’s son, JV Ejercito, was a partner in a short-lived construction venture of Dante Tan and the …"

"… s currently being investigated for insider trading and stock manipulation. Ejercito’s name is listed as shareholder in 18 companies. The assets of his const …"