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Court excludes Enrile from 1987 Marcos-Cojuangco loot case

Apr 20, 2017 - 6:15 PM

This resolution comes 12 years after the appeal by the PCGG

Court excludes Enrile from 1987 Marcos-Cojuangco loot case

Former DBP chairman Nañagas acquitted of graft, estafa

Feb 15, 2017 - 8:43 PM

The anti-graft court, upon re-examination of the evidence, cites a weakness in the graft case, and some reasonable doubt in the two estafa cases

Former DBP chairman Nañagas acquitted of graft, estafa

Veteran banker Cecilia Borromeo is new DBP chief

Jan 09, 2017 - 7:45 AM

Borromeo replaces Gil Buenaventura, who has been serving as president and CEO of Rizal Commercial Banking Corporation since July 1, 2016

Veteran banker Cecilia Borromeo is new DBP chief

Landbank-DBP merger stopped

Sep 07, 2016 - 12:55 PM

Finance Secretary Carlos Dominguez III says the main rationale behind the decision is that the two institutions serve different functions

Landbank-DBP merger stopped

Ongpin vows to appeal SEC ruling, slams 'cruel' penalties

Jul 24, 2016 - 11:55 PM

'I thought that the persecution under the Aquino administration had ended but apparently, the remaining minions of the past administration are still determined to get me,' says Roberto Ongpin

Ongpin vows to appeal SEC ruling, slams 'cruel' penalties

Gil Buenaventura is new RCBC president and CEO

May 16, 2016 - 5:56 PM

The 63-year-old Development Bank of the Philippines chief will replace Lorenzo Tan as RCBC president and CEO starting July 1

Gil Buenaventura is new RCBC president and CEO

Ex-DBP chairman Nañagas convicted of graft, estafa

Apr 25, 2016 - 1:20 PM

Th Sandiganbayan says Vitaliano Nañagas II 'employed deceit' when he asked the government to reimburse money he spent on items such as lingerie

Ex-DBP chairman Nañagas convicted of graft, estafa

DBP employees file plunder complaint vs top execs

Mar 04, 2016 - 4:54 PM

(UPDATED) The senior vice president of DBP calls the plunder complaint filed by some bank employees as 'full of inaccuracies' and 'a nuisance case'

DBP employees file plunder complaint vs top execs

Aquino OKs Landbank-DBP merger

Feb 09, 2016 - 4:15 PM

With Landbank as the surviving entity, President Benigno Aquino III approves the increase in its capital stock to P200 billion ($4.19 billion)

Aquino OKs Landbank-DBP merger

Sale of Meralco shares didn't happen – Landbank

Sep 28, 2015 - 3:20 PM

There is no violation of the Anti-Graft Law since the block sale of the bank's Meralco shares did not materialize, Landbank says

Sale of Meralco shares didn't happen – Landbank

Ex-Landbank, SSS execs face graft charges over Meralco deal

Sep 24, 2015 - 6:49 PM

The deal involved the block sale of SSS' Meralco shares for P5.669 billion to Global 5000, a company identified with businessman Roberto V. Ongpin

Ex-Landbank, SSS execs face graft charges over Meralco deal

Marina mulls fiscal perks for domestic shipbuilders

Sep 02, 2015 - 7:35 AM

With the incentives program, the government hopes that the Philippines will soon be the largest shipbuilding nation in the world

Marina mulls fiscal perks for domestic shipbuilders

'Fake rice' just stale, contaminated rice – NFA

Aug 06, 2015 - 3:51 PM

Suspected fake rice turns out to be 'retrograded rice' while the contaminated rice from Davao City is an isolated case, according to tests by government agencies

'Fake rice' just stale, contaminated rice – NFA

Davao Sasa project attracts 5 investors

Jul 29, 2015 - 5:34 PM

San Miguel, ICTSI, and Singapore's Portek are among the 5 groups that want to bid for the Davao Sasa modernization project

Davao Sasa project attracts 5 investors

Ifugao residents protest multi-level parking in Banaue

Jul 29, 2015 - 10:43 AM

Local officials say the facility is meant to solve the traffic problem in the tourist area, where vehicles usually park on the main road. Critics claim there was no prior public consultation on the project.

Ifugao residents protest multi-level parking in Banaue

'Contaminant' found in alleged fake rice in Davao

Jul 03, 2015 - 3:18 PM

(UPDATED) The initial findings, however, are not conclusive yet to determine if the sample is indeed fake rice

'Contaminant' found in alleged fake rice in Davao

DBP employees file admin, criminal complaint vs top execs

May 29, 2015 - 6:52 PM

The complaint is based on the ‘highly questionable sale’ of the bank’s P14.3 billion worth of government securities, resulting in actual government losses of P717.07 million

DBP employees file admin, criminal complaint vs top execs

ADB, DBP to advise gov't on PPP deal

May 15, 2015 - 7:30 PM

The Philippine government gets help from Asian Development Bank for the biggest public-private partnership deal thus far: the $3.8-billion South Line of North-South Railway Project

ADB, DBP to advise gov't on PPP deal

Abad: GOCC dividends, Treasury gains to fund MRT3 buyout

May 12, 2015 - 1:03 PM

The government can also borrow money, but with the the approval of the Office of the President, if GOCC dividends and Treasury gains are not realized, Budget Secretary Florencio Abad says

Abad: GOCC dividends, Treasury gains to fund MRT3 buyout

Can Carcar in Cebu pay a P600-M loan for new city center?

Apr 21, 2015 - 7:56 PM

Provincial board members point out that the estimated yearly payments for the loan is higher than the debt servicing cap of the city

Can Carcar in Cebu pay a P600-M loan for new city center?

GSIS Family Bank up for sale

Mar 02, 2015 - 7:32 PM

The sale is expected to be completed by the first half of 2015

GSIS Family Bank up for sale

JICA, Cebu City unveil P15-M wastewater treatment facility

Aug 27, 2014 - 4:39 PM

The Japan International Cooperation Agency shares a patented technology with Cebu City to help effectively manage its sewerage and septic systems

JICA, Cebu City unveil P15-M wastewater treatment facility

Anti-graft court's Top 10 cases involve billions of pesos

Jul 06, 2014 - 6:00 PM

The P4.098-billion plunder case vs former president Joseph Estrada tops the list of Sandiganbayan cases with the highest sums involved

Anti-graft court's Top 10 cases involve billions of pesos

Peeling off the legalese rind

Jun 13, 2014 - 11:03 AM

How are 'prayer' and 'quash' used in legal terms? Understand legal jargon in the context of the dismissed graft charges vs businessman Bobby Ongpin

Peeling off the legalese rind

2 Sandigan justices question dismissal of charges vs Ongpin

May 30, 2014 - 10:21 AM

Anti-graft court Associate Justice Herrera argues that the dismissal of the cases constitutes an 'unwarranted turnaround' and 'a premature appreciation of evidence'

2 Sandigan justices question dismissal of charges vs Ongpin

Sandiganbayan junks graft raps vs Ongpin, ex-DBP officers

May 28, 2014 - 4:06 PM

Ongpin was accused of forging 'behest' loan deals with former DBP officials and executives in 2009

Sandiganbayan junks graft raps vs Ongpin, ex-DBP officers

COA to agencies: Return P2.3-B bonuses

Jan 15, 2014 - 7:50 AM

(UPDATED) The Governance Commission for GOCCs responds to the COA order

COA to agencies: Return P2.3-B bonuses

Ongpin case no impact on Alphaland - exec

Apr 03, 2013 - 11:10 AM

Roberto Ongpin's court case has not affect Alphaland's financials.

Ongpin case no impact on Alphaland - exec

Ongpin to file case vs another AMLC exec

Jan 13, 2013 - 7:48 PM

This is the second case Ongpin lodged against a member of the AMLC.

Ongpin to file case vs another AMLC exec

Ombudsman affirms order on raps vs Ongpin, DBP officials

Jan 09, 2013 - 8:35 PM

The order came out amid a word war between Ongpin and the Bangko Sentral ng Pilipinas, which deferred the businessman's election to the board of a local bank due to allegations against him

Ongpin to sue BSP deputy gov Espenilla

Jan 04, 2013 - 3:14 PM

Ongpin accuses Espenilla of violating the anti-graft law after the latter asked the appellate court to freeze his bank accounts

Ongpin to sue BSP deputy gov Espenilla

Court freezes Ongpin's bank accounts

Dec 08, 2012 - 2:32 PM

The freeze order was made upon the request of the Anti-Money Laundering Council

Court freezes Ongpin's bank accounts

Rappler Newscast | December 6, 2012

Dec 06, 2012 - 8:51 PM

Typhoon Pablo, international name Bopha, wipes out entire town leaving more than 400 people dead, hundreds missing, and a quarter of a million homeless. Lawmakers supporting the Reproductive Health Bill predict it will pass Congress next week. 13 officials of the Development Bank of the Philippines are fired over 660 million peso behest loans to a company of Roberto Ongpin.

Rappler Newscast | December 6, 2012

13 DBP officials sacked over P660-M loans to Ongpin grp

Dec 06, 2012 - 11:15 AM

Ombudsman Conchita Carpio Morales orders the dismissal from service of 13 officials of state-run Development Bank of the Philippines (DBP) for granting P660-M loans in 2009 that she considered 'behest' or illegal

13 DBP officials sacked over P660-M loans to Ongpin grp

Ombudsman: File criminal cases vs. Ongpin, ex-DBP officials

Sep 27, 2012 - 7:17 PM

Ombudsman Morales says criminal cases must be filed against 28 individuals, including one of the country's richest, Roberto V. Ongpin, for loans from state-owned bank DBP used to purchase shares of Philex Mining in 2009

Ombudsman: File criminal cases vs. Ongpin, ex-DBP officials

DBP chief resigns, cites health issues

Jul 10, 2012 - 2:46 PM

Does the resignation of Development Bank of the Philippines president and CEO Francisco "Popoy" F. del Rosario have anything to do with his alleged tiff with DBP chairman Jose Nuñez?

Osmeña to resign if can't prove Mike Arroyo behind DBP-Ongpin loan

Jun 13, 2012 - 6:25 PM

Sen. Sergio Osmeña is "110%" confident that former First Gentleman Jose Miguel Arroyo had a hand in the over P660 million loans reportedly granted illegally by state-run bank to businessman Roberto V. Ongpin

No hot seat for Ongpin at Senate

Dec 07, 2011 - 8:00 AM

MANILA, Philippines - Former trade secretary Roberto V. Ongpin appears at the Nov 14, 2011 Senate hearing on deals he was involved in.

Balay, Samar factions have role in Ongpin deals probe, says Osmena

Dec 07, 2011 - 8:00 AM

MANILA, Philippines - Sen. Serge Osmena explains who are playing what role in the Senate hearing on the questionable loans of state-owned Development Bank of the Philippines (DBP) to businessman Roberto Ongpin.

Ongpin appears at Senate hearing to 'defend' self on behest loan issue

Dec 07, 2011 - 8:00 AM

MANILA, Philippines - Businessman Roberto V. Ongpin is present at an ongoing Senate probe on alleged behest loans from state-owned bank Development Bank of the Philippines.

Anatomy of a 'behest' loan

Dec 07, 2011 - 8:00 AM

MANILA, Philippines - When a controversial loan between a state-owned bank and an equally controversial multi-billionaire triggered a Senate investigation, a fundamental question was raised: What makes a loan "behest"?

Ongpin skips Senate hearing on 'behest' DBP loan

Dec 07, 2011 - 8:00 AM

MANILA, Philippines - Businessman Roberto Ongpin did not attend the Senate hearing on the alleged behest loans extended in 2009 by state-owned Development Bank of the Philippines to companies he controls.

[Exclusive] No coercion in suicide of DBP lawyer, family tells Senate

Dec 06, 2011 - 2:41 PM

The family of lawyer Benjamin Pinpin refuted claims that coercion led to the his August suicide during an executive session of a Senate inquiry.