By Tetch Torres-Tupas
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).
By Gil C. Cabacungan
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.
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 [...]
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.
A former senior official of the Development Bank of the Philippines (DBP) has asked the Sandiganbayan to lift a hold departure order issued by the court on Jan. 21 and allow her to travel abroad.