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                    [ArticleID] => 188092
                    [Title] => House summons Espiritu, UOBP execs
                    [Summary] => Former Finance Secretary Edgardo Espiritu and officers of the United Overseas Bank of the Philippines (UOBP) have been invited to a House hearing tomorrow.


The hearing to be conducted by the committee on banks is on the controversial sale of 33 percent of UOBP (formerly Westmont Bank) shares by the group of Espiritu to his Singaporean partners. The sale made the Singaporeans the majority owners of the bank.


                    [DatePublished] => 2002-12-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097047
                    [AuthorName] =>  Jess Diaz
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 167992
                    [Title] => Minority group in UOBP splits from Espiritu-led faction
                    [Summary] => The ownership dispute at the United Overseas Bank of the Philippines (UOBP) is not completely over yet even as the majority owners have reached a settlement with the Espiritu-led minority group.


Previous reports indicated that the United Overseas Bank Ltd. (UOBL) of Singapore, which controls over 60 percent equity in the bank, has settled its differences with the Westmont Investment Corp. (Wincorp.) led by Former Finance Secretary Edgardo Espiritu, the group represented by Jollibee Foods Corp. president Antonio Tan Caktiong, and the Farmix Fertilizers Corp. group.


                    [DatePublished] => 2002-07-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 96865
                    [Title] => New DOJ case filed vs Espiritu, others
                    [Summary] => Former Finance Secretary Edgardo Espiritu remains in hot water even after his celebrated testimony at the impeachment trial of former President Joseph Estrada. Espiritu and several of his associates have been dragged in another case involving the failed investment firm Westmont Investment Corp. or Wincorp.


                    [DatePublished] => 2001-01-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
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                    [ArticleID] => 86734
                    [Title] => `Pardo faces acid test in revenue collection'
                    [Summary] => 

Senate President Blas Ople said yesterday the confirmation of newly appointed
Finance Secretary Jose Pardo depends on his revenue collection projections for
this year.

Ople, chairman of the Commission on Appointments (CA), said Pardo must prove
that the Department of Finance and the collection agencies under it can meet
revenue targets to match the P100-billion deficit in the 2000 national
budget.

"Revenue collection is the single biggest test for a finance secretary," the
senator said.

The CA is also expected to grill the former trade secretary on the measures he
plans
                    [DatePublished] => 2000-01-10 00:00:00
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FORMER FINANCE SECRETARY EDGARDO ESPIRITU

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                    [ArticleID] => 188092
                    [Title] => House summons Espiritu, UOBP execs
                    [Summary] => Former Finance Secretary Edgardo Espiritu and officers of the United Overseas Bank of the Philippines (UOBP) have been invited to a House hearing tomorrow.


The hearing to be conducted by the committee on banks is on the controversial sale of 33 percent of UOBP (formerly Westmont Bank) shares by the group of Espiritu to his Singaporean partners. The sale made the Singaporeans the majority owners of the bank.


                    [DatePublished] => 2002-12-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097047
                    [AuthorName] =>  Jess Diaz
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                    [ArticleID] => 167992
                    [Title] => Minority group in UOBP splits from Espiritu-led faction
                    [Summary] => The ownership dispute at the United Overseas Bank of the Philippines (UOBP) is not completely over yet even as the majority owners have reached a settlement with the Espiritu-led minority group.


Previous reports indicated that the United Overseas Bank Ltd. (UOBL) of Singapore, which controls over 60 percent equity in the bank, has settled its differences with the Westmont Investment Corp. (Wincorp.) led by Former Finance Secretary Edgardo Espiritu, the group represented by Jollibee Foods Corp. president Antonio Tan Caktiong, and the Farmix Fertilizers Corp. group.


                    [DatePublished] => 2002-07-12 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] =>  Ted P. Torres
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                    [ArticleID] => 96865
                    [Title] => New DOJ case filed vs Espiritu, others
                    [Summary] => Former Finance Secretary Edgardo Espiritu remains in hot water even after his celebrated testimony at the impeachment trial of former President Joseph Estrada. Espiritu and several of his associates have been dragged in another case involving the failed investment firm Westmont Investment Corp. or Wincorp.


                    [DatePublished] => 2001-01-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 86734
                    [Title] => `Pardo faces acid test in revenue collection'
                    [Summary] => 

Senate President Blas Ople said yesterday the confirmation of newly appointed
Finance Secretary Jose Pardo depends on his revenue collection projections for
this year.

Ople, chairman of the Commission on Appointments (CA), said Pardo must prove
that the Department of Finance and the collection agencies under it can meet
revenue targets to match the P100-billion deficit in the 2000 national
budget.

"Revenue collection is the single biggest test for a finance secretary," the
senator said.

The CA is also expected to grill the former trade secretary on the measures he
plans
                    [DatePublished] => 2000-01-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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abtest

House summons Espiritu, UOBP execs

By Jess Diaz | December 16, 2002 - 12:00am

Former Finance Secretary Edgardo Espiritu and officers of the United Overseas Bank of the Philippines (UOBP) have been invited to a House hearing tomorrow. The hearing to be conducted by the committee on banks is...

Business

Minority group in UOBP splits from Espiritu-led faction

By Ted P. Torres | July 12, 2002 - 12:00am

The ownership dispute at the United Overseas Bank of the Philippines (UOBP) is not completely over yet even as the majority owners have reached a settlement with the Espiritu-led minority group. Previous reports...

Business

New DOJ case filed vs Espiritu, others

By Christina Mendez | January 29, 2001 - 12:00am

Former Finance Secretary Edgardo Espiritu remains in hot water even after his celebrated testimony at the impeachment trial of former President Joseph Estrada. Espiritu and several of his associates have been dragged...

Business

`Pardo faces acid test in revenue collection'

January 10, 2000 - 12:00am

Senate President Blas Ople said yesterday the confirmation of newly appointed Finance Secretary Jose Pardo depends on his revenue collection projections for this year. Ople, chairman of the Commission on Appointments...

Headlines