Monopolies in the Philippines (1965–1986) granted PD 1468, which declared the money as private and prevented any government audit. Cojuangco bought San Miguel Corporation (SMC) with the funds from the Coco levy. SMC is one of the oldest and largest beer, food, packaging and livestock conglomerate in the Philippines. President Marcos gave favors to SMC once Cojuangco became its head. Taxes were raised for liquor and cigarettes in January 1986, but excise taxes on beer went down. Beer is one of the main products of SMC, which helped the corporation save as much as $40 million that year. When Marcos was President, he often wrote
Israel Beer attend the university. You did not go to the military academy because Jews were not allowed to at the time. They have checked their lists for us and your name is not there. The Schutzbund has no record of your membership either.' 'We have gone through the records of the international brigade and your name is not there. You never fought in Spain...' 'Now tell me: who are you? We want the truth.' He neither revealed his true identity nor admitted that he worked for the KGB. Beer had obtained first-hand knowledge of both theoretical and historical military areas, which