SC dismisses raps filed by Borlongan versus BSP execs

The Supreme Court (SC) has dismissed with finality the criminal charges filed by Urban Bank against the top officials of the Bangko Sentral ng Pilipinas (BSP), upholding the earlier ruling of the Office of the Ombudsman.

The case is one of many filed in separate petitions by Urban Bank president Teodoro Borlongan, this time involving criminal charges against BSP Governor Rafael Buenaventura, Deputy Governor Alberto V. Reyes and examiners Ma. Dolores B. Yuvienco, Candon B. Guerrero and Tomas S. Aure Jr.

This particular case, however, is separate from the case filed against Buenaventura although the four BSP officials were also named.

The case against Buenaventura led to a one year and one day suspension order handed down by another division of the Court of Appeals which is still on appeal before the SC.

The SC has already dismissed the criminal charges filed against Buenaventura et al but Borlongan appealed the decision.