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.
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.
By the staff
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.
By Cynthia D. Balana
The Sandiganbayan has allowed businessman Roberto Ongpin to travel abroad for one month to attend business meetings.
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.