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SC orders bank prexy to pay P300-K in fines

MANILA-The Supreme Court (SC) has affirmed a Makati court ruling convicting a banker liable for violations of laws on restrictions of banks' exposure to directors, officers, stockholders and their related interests (DOSRI) loans. In its 21-page resolution uploaded online on March 11, the SC's Third Division denied the petition for review filed by Jose Apolinario Jr. and affirmed the Court of Appeals (CA)'s 2018 decision on the case. The CA had upheld the 2012 joint resolution of the ...
Bangko Sentral Jose Apolinario Jr Winefredot Capilitan Supreme Court Unitrust Development Bank Bank Financial Institutions

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