Practice question
An officer invests proved plunder proceeds in shares and earns dividends. The lawful forfeiture issue is before the court. Is conversion into shares alone a defense to the statutory reach?
- No; derived shares and income are expressly addressed
- Yes; any investment ends tracing
- Yes; only physical currency counts
- Yes; dividends are necessarily unrelated
- Yes; a broker can erase the statute
Legal references
- RA7080 Sections1–3 and5–6, read with RA7659: https://lawphil.net/statutes/repacts/ra1991/ra_7080_1991.html
- RA7659 Section12, amended plunder provision: https://lawphil.net/statutes/repacts/ra1993/ra_7659_1993.html
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