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Ex-DBP exec’s travel bid opposed

ombudsman

State prosecutors opposed the travel request of a former official of the state-owned Development Bank of the Philippines (DBP) who has been charged with graft in connection with the grant of the allegedly P660-million behest loans to businessman Roberto Ongpin’s company in 2009.

Posted: November 14th, 2013 in Latest Business Stories | Read More »

Ongpin, coaccused seek junking of raps

Businessman Roberto Ongpin  INQUIRER FILE PHOTO

The accused in the two graft cases connected to the alleged P660-million behest loan granted to Deltaventures Resources Inc. (DVRI), a company beneficially owned by businessman Roberto Ongpin, on Monday asked the Sandiganbayan to immediately resolve their motion to dismiss the cases filed against them by the Ombudsman ahead of their scheduled arraignment on Nov. 14.

Posted: October 22nd, 2013 in Latest Business Stories | Read More »

Another life claimed

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Another promising career has been destroyed—and a young life tragically ended—in the process of government authorities’ dogged pursuit of the case against former officials of Development Bank of the Philippines for an allegedly behest P660-million loan to businessman Roberto Ongpin in 2009.

Posted: August 6th, 2013 in Headlines | Read More »

Sandigan allows Ongpin to travel

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Businessman Roberto Ongpin  INQUIRER FILE PHOTO

The Sandiganbayan has allowed businessman Roberto Ongpin to travel abroad for one month to attend business meetings.

Posted: February 20th, 2013 in Latest Business Stories | Read More »

Ongpin enters not guilty plea

Businessman Roberto Ongpin  INQUIRER FILE PHOTO

Businessman Roberto Ongpin pleaded not guilty at his conditional arraignment at the Sandiganbayan on Wednesday to graft charges in connection with P660 million in alleged behest loans that his Deltaventures Resources Inc. (DVRI) obtained from the Development Bank of the Philipines (DBP) in 2009.

Posted: February 14th, 2013 in Latest Business Stories | Read More »

13 DBP execs dismissed over behest loan fiasco

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Ombudsman Conchita Carpio Morales. INQUIRER FILE PHOTO

Ombudsman Conchita Carpio Morales dismissed from service 13 officials from the Development Bank of the Philippines (DBP) for granting P660 million in behest loans to Deltaventures Resources, Inc. (DVRI) in 2009.

Posted: December 6th, 2012 in Latest Business Stories,Photos & Videos | Read More »

Roberto Ongpin seeks disbarment of DBP ‘spokesperson’

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MANILA, Philippines—Businessman and former Trade minister Roberto V. Ongpin has decided to file a disbarment case against the private lawyer who claimed to speak on behalf of the Development Bank of the Philippines on an alleged behest loan granted to the businessman by the state-owned lender. In a press statement on Monday, Ongpin announced he [...]

Posted: August 22nd, 2011 in Latest Business Stories | Read More »

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