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Petitioners advert to Officeco’s failure to exhaust the administrative remedies

provided in the PCGG Rules and Regulations Implementing Executive Orders No. 1 and
No. 2. However, a reading of said provisions shows that they refer only to sequestration
orders, freeze orders and hold orders issued by the PCGG in the Philippines. They
cannot be made to apply to the freeze orders involved in this case which were issued by
the government of another country.