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Friday, July 04, 2008

 

Court dismisses estafa case vs. Green Cross

 
The Pasay City Regional Trial Court on Thursday cleared three Green Cross Inc. officials anew on the estafa case filed by former company president Gonzalo Co It, marking the fifth legal victory for Anthony Co and his siblings in the last three months.

In a 28-page decision, Pasay Judge Eugenio de la Cruz junked the motion for reconsideration filed by state prosecutors for Co It, finding no merit in their arguments against his earlier order which dismissed the estafa case.

The judge reiterated that, based on the evidence presented by the prosecution itself, there was no misappropriation of company shares on the part of Anthony Co and his siblings, because Co It knew and approved of the additional subscription made by them in 1986. This is evidenced by Co It’s signatures on the certificate of increase in the shares of stocks which the prosecution presented.

“In granting the motion to quash, the court actually relied on the evidence of the prosecution,” de la Cruz ruled.

In the same decision, de la Cruz also denied the motion to inhibit filed by the prosecutors, rejecting their argument that a judge must inhibit himself when asked to do so regardless of whether or not the motion to inhibit has merit.

Noting that the prosecution moved to inhibit him only after he had ruled to dismiss the case, the judge added that the Supreme Court has “ruled that motions for inhibition or disqualification filed after a ruling on the merits has been made must be denied on the rationale that a litigant cannot be permitted to speculate upon the action of a court, only to raise on objection of after a decision has been rendered.”

“The grant of motions for inhibition or disqualification even without clear and convincing evidence of bias or partiality, as in this case, would effectively allow the parties to a suit to resort to ‘a form of forum shopping’, which, according to the Supreme Court, would be antithetical to the speedy and fair administration of justice,” said de la Cruz.
-- James Konstantin Galvez

   

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Severino O. Frayna Jr., Benjie Dela Rosa
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