In 1986, the Presidential Commission on Good Government (PCGG) sequestered all of PJI’s outstanding shares on suspicion that they were owned—ultimately—by Benjamin “Kokoy” Romualdez and were part of the ill-gotten assets acquired during the martial law years. Romualdez is the younger brother of former First Lady Imelda R. Marcos.
Noong 1986, inilit ng Presidential Commission on Good Government (PCGG) ang lahat ng mga outstanding share ng PJI sa paniwalang ito ay pag-aari—sa kahuli-hulihan—ni Benjamin “Kokoy” Romualdez at bahagi ng nakaw na yaman noong panahon ng martial law.