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Monday, June 22, 2009

 

SEC files criminal charges versus Sotto, Defensor 

 
By William B. Depasupil, Reporter
 
FORMER senator and now Dangerous Drugs Board Chairman Vicente “Tito” Sotto 3rd and Quezon City Rep. Matias Defensor Jr. are facing criminal complaints before the Department of Justice for allegedly violating the provision of the Securities Regulation Code (SRC).

In its 25-page complaint, Securities and Exchange Commission’s (SEC) Compliance and Enforcement Department (CED) has charged Sotto, Defensor and 13 officers and directors of the Capitol Hills Golf and Country Club (CHGC) of making false entries in their audited financial statements (AFS) for the period 1996 to 2006.

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O T H E R   R E P O R T S

 

ONE of the top three insurers in the country is being sued for “business impropriety” after it leaked confidential vital information of a policy holder without the client’s consent.

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THE Philippine military on Sunday belittled the reported retrieval by members of the Moro Islamic Liberation Front (MILF) in Southern Philippines of a “spy plane” allegedly owned by the military.

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DETAINED former Scout Ranger commander Brig. Gen. Danny Lim on Sunday said he is seriously considering running for a national elective position in next year’s poll.

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A party-LIST lawmaker wanted to know if the garlands of garlic that Sen. Manuel “Mar” Roxas 2nd has been lugging around did not come from Taiwan, the supposed source of smuggled bawang in the country.

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Government soldiers clashed with Al Qaeda-linked militants in the jungles of southern Philippine island of Jolo early Sunday morning, leaving four militants killed and two soldiers injured, an army official said.

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DEAR PAO
By Persida Acosta

Dear PAO,

I recently resigned from my previous employer after almost 10 years of service because of the delay in my salary increase due to promotion.

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