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Sandigan junks ex-Palawan execs’ bid to dismiss raps

The Sandiganbayan has denied the appeal of three former provincial government officials of Palawan to be allowed to seek the early dismissal of the graft and falsification cases filed against them in connection with the alleged misuse of P1.534 billion worth of proceeds from the Malampaya gas project in 2008......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

3 TLRC execs get 26 years for ‘pork’ scam

The Sandiganbayan yesterday sentenced three ranking officials of the abolished state firm Technology and Livelihood Resource Center to serve up to 26 years in prison for graft and malversation of public funds in connection with their involvement in the “pork barrel” fund scam......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

SEC slaps Abra Mining with P560 million fines

The Securities and Exchange Commission (SEC) has slapped Abra Mining & Industrial Corp., its directors, officers, transfer agent and certain stockholders with fines of at least P560 million for the unauthorized trading of unissued and unlisted shares from 2015 to 2019......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

Anti-red tape body files 66 cases in court

At least 66 criminal cases were slapped against government workers for offenses violating Republic Act 11032, or the Ease of Doing Business Law, the Anti-Red Tape Authority said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 11th, 2024

‘Pharma war’

Ombudsman Samuel Martires forwarded one after the other to Sandiganbayan last week the twin cases of graft and corruption charges involving former top government officials of the previous administration......»»

Category: newsSource:  philstarRelated NewsMay 12th, 2024

Rama to contest suspension order in Supreme Court, readies legal fight

CEBU CITY, Philippines – Cebu City Mayor Michael Rama stays firm despite being ordered a preventive suspension by the Ombudsman. He now plans to ask for Supreme Court intervention, believing the decision might be politically motivated. Rama questions the fairness of the anti-graft office’s six-month suspension, stating he and seven other City Hall officials weren’t given.....»»

Category: newsSource:  inquirerRelated NewsMay 11th, 2024

Ombudsman affirms raps vs ex-DBM execs in Pharmally mess

The Office of the Ombudsman has affirmed its earlier ruling finding probable cause to file graft cases before the Sandiganbayan against former top officials of the Procurement Service of the Department of Budget and Management in connection with the Pharmally procurement mess amounting to P11.5 billion......»»

Category: newsSource:  philstarRelated NewsMay 9th, 2024

Globe gets P5 billion from sale of towers

Telco-to-tech provider Globe Telecom Inc. raised almost P5 billion from the sale of towers in the first quarter, providing it with some of the capital needed to upgrade services and pay debts......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

NFA ordered to submit documents on P93 million rice sale

Ombudsman Samuel Martires on Thursday went to the National Food Authority main office in Quezon City to personally serve a subpoena that would compel the agency to submit several documents in connection with the alleged anomalous sale of P93.75 million worth of NFA rice to two traders......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

PLDT, ABS-CBN call-off P6.75-B SkyCable deal

PLDT and ABS-CBN “mutually decided not to proceed with the sale of Sky Cable to PLDT under the sale and purchase agreement signed by and among the parties in March 2023.”.....»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Globe gets P1.5 billion from tower sale

Wireless giant Globe Telecom has received P1.5 billion from its tower sale with PhilTower Consortium Inc., pumping in additional cash to pay for capital expenditures and maturing debts......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Duty Free Philippines set to hold ‘biggest’ sale event for 37th anniversary

Duty Free Philippines Corporation, the country’s premier destination for duty- and tax-free shopping catering to international travelers and overseas Filipino Workers will celebrate its 37th anniversary this week with a sale event......»»

Category: financeSource:  philstarRelated NewsMay 15th, 2024

Taguig launches city-wide sale

The local government of Taguig yesterday launched the first-ever city-wide sale in celebration of the city’s 437th founding anniversary......»»

Category: newsSource:  philstarRelated NewsApr 26th, 2024

Discover your glow at Watsons 1-day, 1-price online sale on April 26

Discover your glow at Watsons 1-day, 1-price online sale on April 26.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024

Megaworld completes secondary share sale of 40.65M MREIT shares

Megaworld completes secondary share sale of 40.65M MREIT shares.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024

Megaworld raises P500 million from sale of MREIT shares

Real estate giant Megaworld Corp. is poised to ramp up its development pipeline with the P500 million proceeds from the sale of its shares in real estate investment trust company MREIT Inc......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

DA: NFA rice sale probe to push through

The investigation into the alleged illegal sale of rice to some traders by the National Food Authority will not be affected despite the dismissal of former Bureau of Fisheries and Aquatic Resources (BFAR) director Demosthenes Escoto, who headed the probe panel......»»

Category: newsSource:  philstarRelated NewsApr 20th, 2024

‘NFA lost P112 million after rice sale to traders’

The National Food Authority has incurred losses of at least P112 million after the sale of 150,000 bags of rice at only P25 per kilo to some traders, according to a farmers’ group......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

House probe on irregular sale of NFA rice set on March 7

The House agri committee will investigate on Thursday the disadvantageous sale of 75,000 sacks of deteriorating or aging rice by the NFA......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

‘Stop sale of highly toxic mercury-added skin lightening products’

‘Stop sale of highly toxic mercury-added skin lightening products’.....»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024