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Banks extend hours due to truck ban

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The Manila City government’s move to shorten the running time for truckers under a revised truck ban will soon result in longer working hours for some Landbank and Development Bank of the Philippines employees and warehouse personnel.

The Manila City government’s move to shorten the running time for truckers under a revised truck ban will soon result in longer working hours for some government bank employees and warehouse personnel.

Posted: March 5th, 2014 in Editors' Picks,Headlines,Metro | Read More »

COA rejects PhilHealth plea on P88-M bonuses

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The Commission on Audit. INQUIRER FILE PHOTO

The Commission on Audit (COA) is standing pat on its decision disallowing the extra compensation, bonuses and allowances that officials and employees of the Development Bank of the Philippines (DBP) and the Philippine Health Insurance Corp. (PhilHealth) rewarded themselves between 2003 and 2006.

Posted: January 18th, 2014 in Editors' Picks,Featured Gallery,Headlines,Nation,Photos & Videos | Read More »

WHAT WENT BEFORE: DBP’s P660M grant in alleged behest loans

The Development Bank of the Philippines (DBP) filed in August 2011 a criminal complaint of graft and violation of banking laws against 25 past and current officers, and three private persons in connection with the grant of P660 million in alleged behest loans during the Arroyo’s administration.   The complaint filed in the Office of [...]

Posted: August 2nd, 2013 in Editors' Picks,Headlines,Nation | Read More »

Ongpin: CA freeze order unjustified

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The lawyer of business tycoon Roberto Ongpin on Saturday said the Court of Appeals’ order freezing Ongpin’s bank accounts is “totally without basis and completely unjustified.”

Posted: December 9th, 2012 in Editors' Picks,Headlines,Nation | Read More »

Roberto Ongpin calls Sen. Osmeña’s allegation baloney

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Roberto V. Ongpin

The camp of businessman Roberto Ongpin on Sunday urged Senator Sergio Osmeña III to “review his arithmetic” after the latter reopened the Senate hearings on the allegedly anomalous transactions between the trade minister of then strongman Ferdinand Marcos and Development Bank of the Philippines (DBP).

Posted: June 4th, 2012 in Editors' Picks,Headlines,Nation | Read More »

Pinpin widow clears current DBP execs, says Osmeña

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Senator Sergio Osmeña III INQUIRER FILE PHOTO

The widow of lawyer Benjamin Pinpin has cleared the current officials of state-owned Development Bank of the Philippines of allegations that they drove the former DBP lawyer into committing suicide, Senator Sergio Osmeña III said Tuesday.

Posted: January 4th, 2012 in Editors' Picks,Headlines,Nation | Read More »

Sen. Osmeña tightens noose on ex-DBP chairman

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Senator Sergio Osmeña III INQUIRER FILE PHOTO

Senator Sergio Osmeña III on Tuesday tightened the noose around a former Development Bank of the Philippines (DBP) president, accusing him of manipulating share prices in preparation for a deal for the purchase of Philex Mining Corp. shares by businessman Manuel V. Pangilinan in 2009.

Posted: December 14th, 2011 in Latest News Stories,Nation | Read More »

Ongpin aide is dummy, says Osmeña

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Senator Sergio Osmeña III INQUIRER FILE PHOTO

The personal secretary of Roberto Ongpin reportedly admitted before senators during a closed-door session Monday that she owned “practically 50 percent” of the businessman’s corporations, at least on paper.

Posted: December 13th, 2011 in Headlines,Nation | Read More »

Osmeña’s evidence can’t establish insider trading, says Ongpin lawyer

Roberto V. Ongpin

A lawyer of former Trade Minister Roberto V. Ongpin refuted on Wednesday allegations of insider trading that cropped out in relation to the Senate probe of transactions conducted by the state-owned Development Bank of the Philippines (DBP) during the Arroyo administration.

Posted: December 9th, 2011 in Latest News Stories,Nation | Read More »

SEC: Ongpin probed for insider trade

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Businessman Roberto Ongpin. INQUIRER file photo

A letter from the Securities and Exchange Commission (SEC) detailed the circumstances that could prove that businessman Roberto “Bobby” Ongpin might have engaged in insider trading when he bought Philex Mining shares, a few days before he sold a big block of Philex shares to tycoon Manuel Pangilinan at an agreed price.

Posted: December 7th, 2011 in Headlines,Nation | Read More »

Senators castigate government bank execs over $225-M MRT deal

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Senators on Tuesday castigated government banking and finance officials over an alleged $225-million overprice in the purchase of shares that allowed the government to gain control of Metro Rail Transit Corp. (MRTC), which built the mass rail system along Edsa.

Posted: December 7th, 2011 in Headlines,Nation | Read More »

Osmeña threatens to jail Ongpin aide for snubbing hearings

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Senator Sergio Osmeña III on Monday threatened to jail Josephine Manalo, the personal secretary of businessman Roberto Ongpin, for her continuous refusal to appear at the Senate hearings to explain her role in Ongpin’s various companies.

Posted: December 6th, 2011 in Latest News Stories,Nation | Read More »

Ongpin tells Senate: I’m not a crony of Mike Arroyo

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Businessman Roberto Ongpin. INQUIRER file photo

Finally appearing before a Senate committee looking into the loans he obtained from Development Bank of the Philippines (DBP), businessman Roberto Ongpin on Monday said he did not obtain behest loans from the state-owned bank based on a memorandum issued by former President Fidel Ramos in 1992.

Posted: November 15th, 2011 in Editors' Picks,Headlines,Nation | Read More »

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  2. Gigi Reyes back to face charges
  3. SC suspends proctor in 2011 bar exams
  4. What Went Before: Enrile denies Gigi Reyes was ‘other woman’
  5. In the know: Gigi Reyes
  6. Henares on Pacquiao bashing: I did not start this
  7. At 77, Erap has Easter treat for Manila cops but keeps City Hall folk in agony
  8. Solons seek ample protection for bank depositors
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  10. More legal woes for Cedric Lee
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  3. More legal woes for Cedric Lee
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  5. ‘Mom, I love you,’ says text from student on sinking ferry
  6. Fr. Suarez says last Mass on Easter before returning donated land to San Miguel
  7. Enrile chief aide back in PH ‘to face charges’
  8. Massive infra spending set
  9. Henares on Pacquiao bashing: I did not start this
  10. I’ll follow my conscience on Estrada, says JV Ejercito
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  2. MRT passengers pass the hat for 6-year-old Ashley
  3. Rookie, lady cops lauded for quick response to MOA heist
  4. Malaysia averts another air tragedy; pilot lands troubled plane safely
  5. Revilla says he was joking; Lacson stands by his story
  6. Revilla ‘consulted’ Lacson on how he evaded arrest
  7. Police rule out foul play in Helena Belmonte’s death as boyfriend is ‘traumatized’
  8. Cudia, dismissed for lying, got 99% in conduct
  9. Model Helena Belmonte wished ‘to slash her wrist and hope to die’
  10. Hammer-wielding robbers cause chaos at Philippines’ Mall of Asia

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