Tag: behest loan

SC affirms Ombudsman ruling clearing Enrile, other PNB directors of graft over P108-M behest loan grant

(Eagle News) — The Supreme Court has affirmed an Ombudsman ruling clearing personalities connected to the late president Ferdinand Marcos, including former senator Juan Ponce Enrile, and several others of graft over an alleged P108-million behest loan granted to a sugar milling company by the Philippine National Bank in 1968. The SC, in a 15-page decision, affirmed a 2006 ruling of the Ombudsman that had junked the graft complaints filed by the Presidential Commission on […]