Lookout order vs LBC Bank prexy, 5 borrowers issued over P229.5-M complaint


MANILA, Philippines—The Bureau of Immigration has issued a lookout order against the president and five borrowers of the closed LBC Development Bank in connection with the P229.5 million syndicated estafa complaint filed by the Philippine Deposit Insurance Corporation (PDIC) before the Department of Justice (DoJ).

Immigration Spokesperson and Intelligence Officer Ma. Antonette Mangrobang confirmed that the order was issued against bank President Ma. Eliza G. Berenguer and borrowers Benito Ramon V. Araneta, Ma. Lourdes Senn, Ernesto G. Barrios, Charito S. Zambales and Francisco A. Climent.

A lookout order was issued to monitor the movements of respondents who are subject of a complaint with the DoJ.

The lookout order was issued following an urgent memorandum order issued by Justice Secretary Leila de Lima to Immigration Commissioner Ricardo David Jr. informing him of the complaint against the six.

De Lima issued the order saying it is necessary “due to the possibility that they may leave the country.”

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  • koolkid_inthehouse

    P229.5 million? Can I apply as a bounty hunter? We can do a better job than the Immigration or police personnel/

  • Hey_Dudes

    Wala na bang taong hindi magnanakaw sa ating bayang Filipinas?


      meron, sina kris aquino at boy abunda lolz

  • http://profile.yahoo.com/SPLUBLEOSERDBOIJTDOC6XIWGU mxsclxmxn

    Free Masonry Grand Conspiracy in the Government!

    Satan’s Synagogue as per Pope Clement XII year 1738

    In the P100 BILL series 2012 Serial # ZK188477 has a logo of the Grand Lodge of Free and Accepted Masons. Freemasonry has its goal of destroying Christendom and replacing it with man-centered government and Satanic religion filled with errors.

    How can this logo of a satanic group be allowed to print in the monetary instrument of the country with the constitution believing in a God asking for HIS Divine Providence?

    In Freemasonry the god of the secret societies is covertly substituted for the One True God. This false god is identified in the Masonic lodges as “the Great Architect.”

    Since Freemasonry has attempted so strenuously to claim that they are just a “good ole boy” fraternity that does good works and has a good time, most people will be shocked to learn the bitter truth behind that facade. Freemasonry certainly isn’t “free”. It could cost you your soul.

    Once Masons progress to the higher degrees and they finally believe the ‘Masonic lie”; and they will ‘understand’ that the Grand Architect of the Universe is not the God of the Old or New Testaments, but instead is the perfect dues paying Mason in good standing, who like the statue example above, they chipped away at, and finally shed needless ‘layers’ from both their old useless religion, and from loyalties outside of Masonry, which all along were what concealed them from their own personal true image, as the one and only real God.

    Freemasonry is one of many apostate religions dedicated to the destruction of traditional Judaism and Christianity. Those who aspire to grow in their closeness to Jesus Christ, and to increase their discernment in these days, would do well to stay very clear of Freemasonry. Are your loyalties with Jesus Christ or are they with the lodge? Both are diametrically opposed to one another as you will see below.

    Masons have mixed idolatry, paganism, the occult, Gnosticism, Kabala, fertility cults, Satanism, spiritualism, demonology, and put it into a blender and come up with the Masonic religion. It is not of God! It is a false religion; the Harlot of Babylon. Masons say they offer new candidates “the light”. The light they are actually giving is: Lucifer. The Christian Bible says that Satan walks to and fro on this earth masquerading as an “angel of light”, that many might be deceived.

    An insidious byproduct of Freemasonry is to keep husbands and wives out of churches & away from their children and their homes…

    Satan does not need to receive worship to achieve his goals. All he has to do is to keep a man from following Jesus. Satan knows that anyone who does not follow in the teachings of Jesus does not have God. (2 John 9)

  • http://www.ofwsinhongkong.wordpress.com/ pinoysahongkong2012

    The LOOKOUT ORDER issued by the immigration bureau upon DOJ’s request against the president and 5 borrowers of the closed LBC Development Bank relating to PDIC’s P229.5 million syndicated estafa complaint is virtually useless!!!

    What’s the point for immigration officers to simply take a look at suspected crooks as they leave for abroad for leisure perhaps, if not business?

    The PDIC must have sufficient grounds to support its complaint against LBC Bank officers and its borrowers. Otherwise, it wouldn’t have lodged that complaint in the first place.

    And if there are sufficient grounds backing up the complaint, why not curtail even temporarily the rights and privileges of the suspected big-time crooks so this will send a strong signal to all Pinoys that authorities have little tolerance for cheating and dishonest practices? What if some of these big-time suspected crooks seek asylum overseas to avoid prosecution under our laws? Why will they be allowed to enjoy their full rights and privileges under the law if they are accountable anyway for damages inflicted to bank depositors, many of whom may be small savers, including scores of OFWs who endure being away from loved ones back home just for the sake of earning good money abroad and keeping portions in bank savings?

    Their full rights and privileges can always be restored after they have proven their innocence of charges leveled against them — not before.

    Something is terribly wrong with our justice system because white-collar criminals are often given much leniency and treated with kid’s gloves unlike most petty criminals who are immediately jailed even before 100% proven guilty.

    Why this disparity which defies logic and reason?

    If existing laws can’t be changed easily to stiffen penalties against suspected big-time crooks, the DOJ and related agencies should be more resourceful, pro-active and aggressive in using administrative and other means allowable under the law to restrict the movements and tighten the noose, so to speak, on serious violators of the law.

    If the DOJ doesn’t take this stance, why will big-time white-collar criminals take our laws seriously?

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