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Exclusion of elderly accused in tax scam opposed

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FILE PHOTO

The government has opposed the exclusion of former Finance Undersecretary Antonio Belicena from the 550 criminal cases filed in connection with the P5.3-billion tax credit certificate (TCC) scam despite a claim by doctors that he is unfit to stand trial due to a mental disorder.

Posted: June 8th, 2014 in Latest Business Stories | Read More »

2 Spanish firms file graft raps vs CAAP execs

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caap

Two Spanish companies and their local partner here have filed a complaint against officials of the Civil Aviation Authority of the Philippines (CAAP) for disqualifying them from a P1.24-billion airport fire truck procurement project.

Posted: October 18th, 2013 in Latest Business Stories | Read More »

COA tells SSS to speed up processing of death, disability, retirement claims

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SSS main building in Quezon City. CONTRIBUTED PHOTO/Wikimedia.org

The Commission on Audit has aired serious concern over the slow processing of payments of death, disability and retirement claims of members of the Social Security System (SSS).

Posted: October 2nd, 2013 in Latest Business Stories | Read More »

COA questions SEC execs’ million-peso pay hikes in ’12

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sec map

The Commission on Audit (COA) has questioned the Securities and Exchange Commission (SEC) for granting salary increases ranging from 57 percent to 250 percent—totaling P108.86 million—to its 303 officials and employees in 2012.

Posted: August 25th, 2013 in Latest Business Stories | Read More »

14 ex-DBP execs seek dismissal of 2 graft raps

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dbp-logo

Fourteen former officials of the Development Bank of the Philippines, led by chairperson Patricia Sto. Tomas, have asked the Sandiganbayan to dismiss two graft charges filed against them by the Office of the Ombudsman in connection with the alleged “behest” loans granted in 2009 to Delta Ventures Resources Inc. (DVRI), a firm owned by businessman Roberto Ongpin.

Posted: March 21st, 2013 in Latest Business Stories | Read More »

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