Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 274360
                    [Title] => PNP asked to return Borlongan’s belongings
                    [Summary] => The family of former Urban Bank president Teodoro Borlongan asked the Philippine National Police (PNP) yesterday to return the gun and other personal effects retrieved from his possession when he committed suicide in Marikina City last April 11.


Borlongan’s counsel and sister-in-law, lawyer Elena Enriquez, said the family is convinced that the victim indeed committed suicide and that "no crime has been committed."


                    [DatePublished] => 2005-04-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Metro
                    [SectionUrl] => metro
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 241880
                    [Title] => SC junks raps vs BSP officials over Urban Bank closure
                    [Summary] => The Supreme Court has dismissed all criminal charges against the Bangko Sentral ng Pilipinas (BSP) and its officials for the closure of Urban Bank of the Philippines, and refuses to entertain further appeals. 


In two separate orders, the SC junked the appeals filed separately by former UBP president Teodoro Borlongan and former UBP legal counsel Benjamin F.S. Tabios. Both cases were decided in January by the Third Division of the High Tribunal but they were appealed twice.


                    [DatePublished] => 2004-03-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 234383
                    [Title] => CA dismisses Borlongan’s appeal for reconsideration
                    [Summary] => The Court of Appeals (CA) denied yesterday banker Teodoro Borlongan’s  appeal for reconsideration on one of his numerous cases against the Bangko Sentral ng Pilipinas (BSP).


Borlongan,  former president of  the defunct Urban Bank of the Philippines (UBP), earlier asked the CA to set aside its decision for being inconsistent with the decision of the 5th Division where his other cases were pending. 


The 17th Division earlier handed down a decision in  favor of the BSP.


                    [DatePublished] => 2004-01-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 227535
                    [Title] => Borlongan seeks SC help
                    [Summary] => Former Urban Bank president Teodoro Borlongan asked the Supreme Court (SC) recently to reconsider its recent resolution dismissing his petition against the Ombudsman and several Bangko Sentral ng Pilipinas (BSP) officials.


                    [DatePublished] => 2003-11-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 221736
                    [Title] => Urban Bank management declared bank holiday
                    [Summary] => The decision to place Urban Bank Inc. under receivership three years ago was the key to the bank’s rehabilitation, which allowed the depositors to get their money back.


That was the argument placed by Bangko Sentral ng Pilipinas Governor Rafael B. Buenaventura in his motion filed with the Court of Appeals (CA). Buenaventura stressed that he cannot be held liable for the bank’s closure because "it was Urban Bank’s management itself that closed the bank when it declared a bank holiday." 


                    [DatePublished] => 2003-09-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 159150
                    [Title] => Urban Bank execs face estafa charges
                    [Summary] => Top officials of the defunct Urban Bank and its affiliate, Urbancorp Investments Inc. are now neck-deep in the technicalities of the three estafa cases filed by banking authorities, leaving no room for the immediate resolution of the case.


Bangko Sentral ng Pilipinas (BSP) general counsel Juan de Zuniga said that the Makati Regional Trial Court still has to rule on the motion to quash filed by the respondents, holding up the entire proceedings.


                    [DatePublished] => 2002-04-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 97997
                    [Title] => SEC finds Urbancorp transactions questionable
                    [Summary] => The Securities and Exchange Commission has found Urbancorp Investment Corp. (UII) to have illegally sourced funds and sold commercial papers not registered with the SEC.


The SEC report also said UII and its mother company, the failed Urban Bank, had the same set of directors and officers in violation of BP 66 which allows such a-set-up only "where the majority or all of the equity of the investment house is owned by the bank."


Urban Bank owns only 40 percent of UII, not enough to consider it majority owned, the SEC report said.


                    [DatePublished] => 2000-11-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 99057
                    [Title] => Land Bank nixes plan to sue Urban Bank
                    [Summary] => 

Land Bank of the Philippines will no longer pursue its plan to file a lawsuit
against Urban Bank of the latter's inability to pay back P1.050 billion in
interbank loans before it declared a bank holiday on April 26, sources told
The STAR over the weekend.

"It's not true (that Land Bank is suing Urbank Bank)," sources said.

This was confirmed by Urbank Bank president Teodoro Borlongan, who said that he
has talked with Land Bank president Florido Casuela days after the bank was
closed. He said Casuela "understood" what happened to the bank.


                    [DatePublished] => 2000-05-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 98952
                    [Title] => PDIC finds evidence of 'unsound banking practices' by Urban Bank
                    [Summary] => 

Urban Bank may have been engaging in "unsound banking practices" involving  the
so-called "self-dealing" which may have  contributed to the demise of the
bank.

Bangko Sentral ng Pilipinas (BSP) Gov. Rafael B. Buenaventura said over the
weekend that the "Philippine Deposit Insurance Corp.
                    [DatePublished] => 2000-05-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [9] => Array
                (
                    [ArticleID] => 100440
                    [Title] => Urban Bank provides free e-mail service to PSE
                    [Summary] => 

Urban Bank signed Wednesday night a memorandum of agreement with the Philippine
Stock Exchange (PSE) for the free use by the PSE of a secured electronic
messaging service provided by the bank.

Under the agreement, Urban Bank will set up a secured 24-hour e-mail facility
for the exclusive use of the PSE board of governors and key officers, all
member-brokers, and all listed companies. The facility is capable of secured
messaging with the use of digital certificates and data encryption.
                    [DatePublished] => 2000-04-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

TEODORO BORLONGAN

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 274360
                    [Title] => PNP asked to return Borlongan’s belongings
                    [Summary] => The family of former Urban Bank president Teodoro Borlongan asked the Philippine National Police (PNP) yesterday to return the gun and other personal effects retrieved from his possession when he committed suicide in Marikina City last April 11.


Borlongan’s counsel and sister-in-law, lawyer Elena Enriquez, said the family is convinced that the victim indeed committed suicide and that "no crime has been committed."


                    [DatePublished] => 2005-04-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Metro
                    [SectionUrl] => metro
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 241880
                    [Title] => SC junks raps vs BSP officials over Urban Bank closure
                    [Summary] => The Supreme Court has dismissed all criminal charges against the Bangko Sentral ng Pilipinas (BSP) and its officials for the closure of Urban Bank of the Philippines, and refuses to entertain further appeals. 


In two separate orders, the SC junked the appeals filed separately by former UBP president Teodoro Borlongan and former UBP legal counsel Benjamin F.S. Tabios. Both cases were decided in January by the Third Division of the High Tribunal but they were appealed twice.


                    [DatePublished] => 2004-03-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 234383
                    [Title] => CA dismisses Borlongan’s appeal for reconsideration
                    [Summary] => The Court of Appeals (CA) denied yesterday banker Teodoro Borlongan’s  appeal for reconsideration on one of his numerous cases against the Bangko Sentral ng Pilipinas (BSP).


Borlongan,  former president of  the defunct Urban Bank of the Philippines (UBP), earlier asked the CA to set aside its decision for being inconsistent with the decision of the 5th Division where his other cases were pending. 


The 17th Division earlier handed down a decision in  favor of the BSP.


                    [DatePublished] => 2004-01-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 227535
                    [Title] => Borlongan seeks SC help
                    [Summary] => Former Urban Bank president Teodoro Borlongan asked the Supreme Court (SC) recently to reconsider its recent resolution dismissing his petition against the Ombudsman and several Bangko Sentral ng Pilipinas (BSP) officials.


                    [DatePublished] => 2003-11-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 221736
                    [Title] => Urban Bank management declared bank holiday
                    [Summary] => The decision to place Urban Bank Inc. under receivership three years ago was the key to the bank’s rehabilitation, which allowed the depositors to get their money back.


That was the argument placed by Bangko Sentral ng Pilipinas Governor Rafael B. Buenaventura in his motion filed with the Court of Appeals (CA). Buenaventura stressed that he cannot be held liable for the bank’s closure because "it was Urban Bank’s management itself that closed the bank when it declared a bank holiday." 


                    [DatePublished] => 2003-09-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 159150
                    [Title] => Urban Bank execs face estafa charges
                    [Summary] => Top officials of the defunct Urban Bank and its affiliate, Urbancorp Investments Inc. are now neck-deep in the technicalities of the three estafa cases filed by banking authorities, leaving no room for the immediate resolution of the case.


Bangko Sentral ng Pilipinas (BSP) general counsel Juan de Zuniga said that the Makati Regional Trial Court still has to rule on the motion to quash filed by the respondents, holding up the entire proceedings.


                    [DatePublished] => 2002-04-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 97997
                    [Title] => SEC finds Urbancorp transactions questionable
                    [Summary] => The Securities and Exchange Commission has found Urbancorp Investment Corp. (UII) to have illegally sourced funds and sold commercial papers not registered with the SEC.


The SEC report also said UII and its mother company, the failed Urban Bank, had the same set of directors and officers in violation of BP 66 which allows such a-set-up only "where the majority or all of the equity of the investment house is owned by the bank."


Urban Bank owns only 40 percent of UII, not enough to consider it majority owned, the SEC report said.


                    [DatePublished] => 2000-11-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 99057
                    [Title] => Land Bank nixes plan to sue Urban Bank
                    [Summary] => 

Land Bank of the Philippines will no longer pursue its plan to file a lawsuit
against Urban Bank of the latter's inability to pay back P1.050 billion in
interbank loans before it declared a bank holiday on April 26, sources told
The STAR over the weekend.

"It's not true (that Land Bank is suing Urbank Bank)," sources said.

This was confirmed by Urbank Bank president Teodoro Borlongan, who said that he
has talked with Land Bank president Florido Casuela days after the bank was
closed. He said Casuela "understood" what happened to the bank.


                    [DatePublished] => 2000-05-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 98952
                    [Title] => PDIC finds evidence of 'unsound banking practices' by Urban Bank
                    [Summary] => 

Urban Bank may have been engaging in "unsound banking practices" involving  the
so-called "self-dealing" which may have  contributed to the demise of the
bank.

Bangko Sentral ng Pilipinas (BSP) Gov. Rafael B. Buenaventura said over the
weekend that the "Philippine Deposit Insurance Corp.
                    [DatePublished] => 2000-05-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [9] => Array
                (
                    [ArticleID] => 100440
                    [Title] => Urban Bank provides free e-mail service to PSE
                    [Summary] => 

Urban Bank signed Wednesday night a memorandum of agreement with the Philippine
Stock Exchange (PSE) for the free use by the PSE of a secured electronic
messaging service provided by the bank.

Under the agreement, Urban Bank will set up a secured 24-hour e-mail facility
for the exclusive use of the PSE board of governors and key officers, all
member-brokers, and all listed companies. The facility is capable of secured
messaging with the use of digital certificates and data encryption.
                    [DatePublished] => 2000-04-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest