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United Coconut Planters Bank controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 1975

    Coco Levy Fund controversy

    UCPB’s 1975 acquisition by the Philippine Coconut Authority became closely associated with the Coco Levy Fund controversy. The use of coconut-sector levy collections in transactions involving the bank and related assets led to prolonged disputes, investigations and litigation over the funds’ ownership and public purpose.