Banco Filipino Case
President Benigno Aquino III on Monday said he wanted the new, incoming solicitor general—whom a senior aide said would be Deputy Ombudsman Francis Jardeleza—to prioritize the government’s next move in connection with a Court of Appeals ruling on the Banco Filipino (BF) case.
Mr. Aquino said he was puzzled by the order of the appellate court to the Bangko Sentral ng Pilipinas (BSP) to infuse P25 billion into Banco Filipino.
“That infusion is not a joke, especially since the allegation is (the bank) was mismanaged—mismanaged very badly at that,” Mr. Aquino said.