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Romblon agri exec in fertilizer fund scam acquitted

Sandiganbayan (File photo) MANILA - The Sandiganbayan cleared a regional accountant of the Department of Agriculture (DA) implicated in alleged irregularities in the procurement of PHP3 million worth of fertilizer in Romblon in 2004. The anti-graft court acquitted DA-Regional Field Unit IV (DA-RFU IV) accountant Raymundo Braganza of corruption and malversation charges. "The Court finds no evidence to support the claim that accused Braganza made any false statements when he certified the subject ALOBS (allotment and obligations slips) or that he had knowledge of or was complicit in any acts of falsification or malversation as charged," read the decision on March 4 and uploaded recently. In 2014, the Ombudsman found probable cause to indict a number of officials, led by then congressman Perpetua Ylagan of the lone district of Romblon, as well as DA-RFU officials led by executive director Dennis Araullo, Braganza, budget officers Ma. Nieves Nabor and cashier Dory Iranzo, and Gro ....

El Salvador , Raymundo Braganza , Grover Dino , Dory Iranzo , Nieves Nabor , Joselito Floredeliza , Jose Barredo , Perpetua Ylagan , Dennis Araullo , Geishler Fadri , Oscar Galos , Productivity Inc , National Organization For Agricultural Enhancement , Department Of Agriculture , Regional Field Unit , National Organization , Agricultural Enhancement , Erna Salvador , Sandiganbayan File Photo Manila The Cleareda Regional Accountant Of Department Agriculture Da Implicated In Alleged Irregularities Procurement Php3 Million Worth Fertilizer Romblon 2004 Anti Graft Court Acquitted Field Unit Iv Rfu Raymundo Braganza Corruption And Malversation Charges Quot Finds No Evidence To Support Claim That Accused Made Any False Statements When He Certified Subject Alobs Allotment Obligations Slips Or Had Knowledge Was Complicit Acts Falsification As Charged , Uot Read The Decision On March 4 And Uploaded Recently In 2014 , He Ombudsman Found Probable Cause To Indicta Number Of Officials , Ed By Then Congressman Perpetua Ylagan Of The Lone District Romblon , S Well As Da Rfu Officials Led By Executive Director Dennis Araullo , Udget Officers Ma Nieves Nabor And Cashier Dory Iranzo , Nd Grover Dino The Accused Had Roles In 2004 Approval Of Release Ofa Total Php3 Million Two Tranche Payments To National Organization For Agricultural Enhancement And Productivity Inc Noaepi As Payment 2 , 000 Bottles Of Liquid Fertilizers An Investigation Ensued Following Allegations That Noaepi Was Unqualified Supplier Likewise Included In The Original Charge Sheet Were Provincial Agriculturist Geishler Fadri ,

Inovio Pharmaceuticals (NASDAQ:INO) Rating Lowered to Sell at Zacks Investment Research

Zacks Investment Research downgraded shares of Inovio Pharmaceuticals (NASDAQ:INO – Get Rating) from a buy rating to a sell rating in a report released on Friday, Zacks.com reports. According to Zacks, “Inovio Pharmaceuticals, Inc., formerly known as Inovio Biomedical Corporation, is engaged in the discovery, development, and delivery of a new generation of vaccines, called […] ....

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