(Eagle News)—Supreme Court Associate Justice Antonio Carpio on Wednesday, March 27, said a 1972 law turned the oil and gas in Reed Bank into patrimonial assets. Carpio made the statement after Presidential Spokesperson Salvador Panelo gave the assurance Reed Bank would not be seized by China if the Southeast Asian country failed to pay its P3.6-billion loan for the Chico River irrigation project. Panelo had said that in the first place, Reed Bank was a […]