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SC stops COA ruling against DBP’s productivity award


The Supreme Court has granted the bid of the Development Bank of the Philippines to stop the order of the Commission on Audit (COA) to return the P170 million given to the bank’s employees in the form of Governance Forum Productivity Award (GFPA).

Posted: September 16th, 2014 in Latest News Stories,Nation | Read More »

SC stops COA order to return retirement pay of DBP employees, execs


The Supreme Court stopped the Commission on Audit (COA) from implementing its order to return the P747.1 million retirement benefits of officials and employees from the Development Bank of the Philippines who availed themselves of the Early Retirement Incentive Program IV (Erip IV).

Posted: February 19th, 2014 in Latest News Stories,Nation,Photos & Videos | Read More »

COA rejects PhilHealth plea on P88-M bonuses


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, Inquirer chief ed cleared

The Makati Prosecutor’s Office has dismissed the libel complaint of lawyer Zenaida Ongkiko-Acorda against businessman Roberto V. Ongpin and INQUIRER editor in chief Letty Jimenez-Magsanoc over two paid advertisements that the businessman had published in the INQUIRER in August 2011.

Posted: July 28th, 2013 in Editors' Picks,Headlines,Nation | Read More »