[Geronimo] Ronnie Velasco bas just offered to buy out Benny [Benigno] Toda’s [Jr.] delinquent account and shares of PAL [Philippine Airlines] (74%) from Caltex.
I attach the offer.
It is made with my knowledge as the government does not want the PAL to fall into the wrong hands since GS1S [Government Service Insurance System] still owns 24% of the PAL shares.
We buried Estella R. Sulit at the Manila Memorial Homes. Well-manicured and elegant but costly, commercial and materialistic in an oily nauseating way. Mass at 8:00 AM. Then the funeral at 9:45.
After a snack at Sago [street, Dasmariñas village] where the Romualdezes are staying at.
Com. Yayabiin[?]—to inquire on the status of the documents of the Madrigals—with the request that he do what is right and that is for both parties to see the accounts.
Lunch with Sen. Mamintal Tamano. He claims Col. Gaddafi of Libya had said he could finance the revolution of the Muslims in the Philippines but that he (Sen. Tamano) convinced him that the Muslims are not interested in a revolution.
He wanted me to sign an executive order setting aside all public lands in the provinces of Lanao del Norte, Lanao del Sur and Cotabato,
Official Gazette for January 26, 1972: PRESIDENT MARCOS and the First Lady Mrs. Imelda R. Marcos attended in the morning the funeral of the late Ambassador Estela Romualdez Sulit, an aunt of the First Lady.
The First Couple returned to Malacañang before noon arriving just in time for the President’s luncheon engagement with Senator Mamintal Tamano.
In the afternoon, the President met with his legislative advisers.
The President pushed his announced drive against crime another step forward by sending to Congress a number of proposed laws to curb widespread criminality.
The bills seek to provide stiffer penalties for illegal possession of firearms or parts thereof and ammunition, and for violation of crimes relative to opium and other prohibited drugs; remedy the inadequacy of present laws on carnapping; include members of the Armed Forces as among those to whom licenses for the possession of firearms may be exhibited when called up to do so; and provide for free transmission of all mail matter involving data or information on crime, from provincial commanders to the Chief of Constabulary.
With respect to the proposed law increasing penalties for selling or administering opium, the President pointed out that the crime is particularly “heinous because the victims include students, minors and young women, many of whom, because of the drugs, are forced to live a life of shame, misery and criminality.”
The President worked on official papers in the evening.
And have ex Vice Gov. Kasan Marohambsar appointed CNI [Commission on National Integration] commissioner while Gen. Mameranta Lao could be appointed Ambassador to Saudi Arabia,
But I insisted that we wait for [Mohammad] Ali Dimaporo who is in Mecca on the pilgrimage.