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QC council eyes P160-M fuel deal with Petron

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INQUIRER.net file photo

The Quezon City council is looking into authorizing Mayor Herbert Bautista to ink a P160-million deal with Petron Corporation for the one-year provision of fuel and other petroleum products, through the electronic fleet card, for the use of government-owned vehicles and equipment in local operations.

Posted: December 2nd, 2013 in Latest News Stories,Metro | Read More »

Glitch happens, farmers awed by loan data told by bank

A computer glitch. An official of the Land Bank of the Philippines said this was the cause of an erroneous letter sent out to farmers telling them to pay at least P149,000 in loans.

Posted: October 9th, 2013 in Headlines,Regions | Read More »

Bank demand letters terrify Pampanga farmers

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Leony Aronce calls himself these days the “pekatatakut” (the most terrified person) in his village of Mangumbali in this farming town in Pampanga province.

Posted: October 7th, 2013 in Headlines,Regions | Read More »

QC Hall employees, elected officials may avail of loans from Landbank

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Quezon City Mayor Herbert Bautista FILE PHOTO

The Quezon City council has allowed Mayor Herbert Bautista to enter into an agreement with the Land Bank of the Philippines (LBP) that would enable thousands of city hall employees, including elected officials and their appointees, to avail of livelihood loans at low interest rates and spare them from resorting to the “5-6” or usurious lending system.

Posted: September 26th, 2013 in Latest News Stories,Nation | Read More »

Parañaque City’s unsettled funds hit P125M

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Four former Parañaque mayors have yet to liquidate a total of P125.6 million worth of intelligence funds, causing the city’s unliquidated cash advance for 2012 to balloon to up to P201.996 million.

Posted: September 5th, 2013 in Headlines,Metro | Read More »

2 agri agencies first to be axed

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Agriculture Secretary Proceso Alcala. FILE PHOTO

Agriculture Secretary Proceso Alcala on Monday told senators that he was targeting the abolition of two government-owned and -controlled corporations (GOCCs) implicated in the pork barrel scam by the end of the year.

Posted: September 3rd, 2013 in Editors' Picks,Headlines,Nation | Read More »

5 agencies in pork scam to be abolished

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Malacañang is moving to abolish Philippine Forest Corp., the agro-forestry arm of the Department of Environment and Natural Resources (DENR) and one of the many spigots that fake NGOs used to access pork barrel funds, according to Environment Secretary Ramon Paje.

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

P1-B pork of 13 solons ended up in JLN firms

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State-owned National Livelihood Development Corp. (NLDC) was used as the conduit for around P1 billion worth of pork barrel funds of five senators and eight representatives that ended in seven fake nongovernment organizations (NGOs) allegedly controlled by Janet Lim-Napoles from 2008 to 2012, according to whistle-blower Benhur K. Luy.

Posted: August 16th, 2013 in Editors' Picks,Headlines,Nation | Read More »

Prosecution eyes subpoena on Cristina Corona’s Land Bank deposit

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Cristina Corona  INQUIRER FILE PHOTO

The prosecution on Monday raised the possibility it would ask the Senate impeachment court to subpoena a bank deposit account of Chief Justice Renato Corona’s wife to disprove his defense that the money from the sale of her family’s property found its way into his three bank accounts for safekeeping.

Posted: March 27th, 2012 in Editors' Picks,Headlines,Nation | Read More »

Cebu City can pay Rallos kin, bank says

CEBU City has enough funds in one of its depository banks to pay the P133 million it owed to the heirs of Rev. Fr. Vicente Rallos. “Per verification from the bank records, respondent City of Cebu has an account with the bank sufficient to cover the judgement of debt,” said lawyer Roel Costuna and Rydely [...]

Posted: October 5th, 2011 in CDN - News,Cebu Daily News | Read More »

Mayor to banks: Don’t release city cash

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Cebu City’s four depository banks were warned against releasing City Hall money to pay for the Rallos lots. In a letter, Rama asked officials of  the Land Bank of the Philippines, Development Bank of the Philippines, Philippine Postal Bank  and Philippine Veterans Bank to “be extra careful and not to release the city’s deposits in [...]

Posted: September 29th, 2011 in CDN - News,Cebu Daily News | Read More »

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