A regional trial court of Bataan has denied the Subic Bay Freeport-based Subic Bay Marine Exploratorium Inc. (SBMEI) access to its bank accounts. The firm is embroiled in an ownership controversy over the theme park.
In a six-page decision, Judge Antonio Ray Ortiguerra of the Regional Trial Court of Bataan Branch 2, denied for insufficient grounds, the Urgent Omnibus Motion of SBMEI for the issuance of a temporary restraining order (TRO) and a writ of preliminary attachment against displaced SBMEI president, chairman and CEO Arthur Tai.
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