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The Securities and Exchange Commission (SEC) has affirmed the revocation of the certificates of incorporation of Rappler, Inc. and Rappler Holdings Corporation (RHC) for their violation of constitutional and statutory restrictions on foreign ownership in mass media. In a statement, the SEC said “Th
Court of Appeals (File photo) MANILA - A former bank employee who contested her termination for withdrawing from the accounts of her relatives has lost her appeal. Associate Justice Myra Garcia-Fernandez of the Court of Appeals' (CA) Twelfth Division affirmed the decision of the National Labor Relations Commission (NLRC) on the case dismissal of Geraldine Ong. Ong was issued a notice of termination on September 2017 by the Bank of the Philippine Islands (BPI) due to fraud, dishonesty, and breach of trust. The termination arose from supposed irregularities in the withdrawals from the accoun...
The CA in dismissing the petition of MWSS said while the writ of execution issued by the Manila court is proper, it does not do away with government regulations requiring the approval by the COA for payment. (File Photo By Ramon FVelasquez – Own work, CC BY-SA 3.0) MANILA – The Court of Appeals (CA) stressed that the Commission on Audit (COA) has the final say on the payment of money claims against government bodies despite a writ of execution handed down by a court. In a decision penned by Associate Justice Danton Bueser dated February 16, the appellate court’s Twelfth Division dismis...