Antonio Luna - Luna-Cojuangco Affair

Luna-Cojuangco Affair

There were talks concerning Luna diverting millions of pesos from the Republic's treasury, particularly from Ilocos and Pampanga, to the hometown of his sweetheart, Ysidra Cojuangco. Ysidra was the aunt of Jose Cojuangco, father of Corazon Aquino. Luna's wealth was said to have been entrusted to Ysidra, resulting in the latter becoming one of the richest women in the Philippines by 1900. However, the book The Rise and Fall of Antonio Luna by Vicencio Jose, the standard biography about Luna, does not cite anything about this affair. The book does mention the wealth of his family which was proved by a silk bag that Luna wore, which contained his inheritance of gold coins. It was this same bag that had saved Luna's life at the Battle of Santo Tomas on May 4, 1899, when it had stopped a bullet that hit it from completely penetrated Luna's body.

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