+ Follow COSMOS PHILIPPINES Tag
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 199522
[Title] => Ombudsman orders dismissal of SEC lawyer
[Summary] => The Office of the Ombudsman ordered dismissed from public service a Securities and Exchange Commission (SEC) lawyer for grave misconduct for extorting P1 million in 2001 from G. Cosmos Philippines, a fraudulent financial investment company, owned by the notorious Gento Ogami.
Lawyer Rommel G. Oliva, Securities Counsel III assigned to the SEC Compliance and Enforcement Department, was also found guilty of dishonesty after he falsified his personal data sheet (PDS) by not declaring that he has a pending criminal case before the Office of the Ombudsman.
[DatePublished] => 2003-03-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 177968
[Title] => Be wary of get-rich-quick offers, PSE warns public
[Summary] => The Securities and Exchange Commission has warned the investing public to be more cautious in dealing with companies that offer high returns for low investments.
SEC said the public should learn to invest wisely and take personal responsibility for their investment decisions since the commission does not have the capacity to oversee and regulate the entire investing public.
[DatePublished] => 2002-09-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 177470
[Title] => SEC head cites need to address concerns of foreign investors
[Summary] => Securities and Exchange Commission (SEC) Chairperson Lilia R. Bautista said the country must immediately address the concerns of foreign investors on the burgeoning budget deficit, the peace and order situation, and the dearth of incentives if it wants to attract and sustain both domestic and foreign investments.
Bautista said investor confidence continues to be undermined by the rising budget deficit, the huge non-performing loans of banks, weak corporate governance, instances of market misconduct and poor financial literacy.
[DatePublished] => 2002-09-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 169884
[Title] => PBCom still bidding for Unitrust
[Summary] => The Philippine Bank of Communications (PBCom) has not formally withdrawn its bid to acquire Unitrust Development Bank (Unitrust), but has expressed apprehension in completing certain requirements of the Philippine Deposit Insurance Corp. (PDIC), the receiver of the troubled bank.
In an official communication, PBCom said that it was apprehensive about meeting the Aug. 4 deadline set by the PDIC for completion of the documentary requirements for PBCom’s rehabilitation plan for Unitrust.
[DatePublished] => 2002-07-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 169541
[Title] => Yuseco group mulls judicial rehab for United Overseas Bank
[Summary] => A group claiming to own and control the beleaguered Unitrust Development Bank (Unitrust) is threatening to seek judicial rehabilitation after the Philippine Deposit Insurance Corp. (PDIC) rejected its rehabilitation proposal.
A group led by Francis R. Yuseco, Leopoldo J. Valcarcel and lawyer Fred L. Gutierrez said they would seek judicial rehabilitation from the civil courts if the PDIC, receiver of the troubled commercial bank, does not recognize their proposal. Gutierrez claims to represent the holdings of G. Cosmos Philippines.
[DatePublished] => 2002-07-25 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 155332
[Title] => DOJ issues hold departure order vs Ogami, 10 others
[Summary] => The Department of Justice (DOJ) placed yesterday the names of alleged Japanese swindler Genta Ogami and 10 others reportedly involved in the controversial Unitrust Development Bank scandal in the hold departure list of the Bureau of Immigration.
"This will prevent responsible UDB directors, officers, stockholders from evading criminal investigation and prosecution of charges," Justice Secretary Hernando Perez said in a press statement.
[DatePublished] => 2002-03-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096652
[AuthorName] => Delon Porcalla
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 149953
[Title] => Drilon 'nabastos' nag-walkout sa anibersaryo ng PNP
[Summary] => Personal na humingi ng paumanhin kahapon si PNP chief Director-General Leandro Mendoza nang magtungo ito sa tanggapan ni Senate President Franklin Drilon matapos itong mag-walkout sa ginanap na ika-11 anibersaryo ng Philippine National Police kahapon ng umaga sa Camp Crame sa pag-aakalang "nabastos" siya sa okasyon.
Ang paghingi ng paumanhin ni Mendoza kay Drilon ay ukol umano sa nakalimutang lagyan ng pangalan ang upuan ng pangulo ng senado sa nasabing anibersaryo.
[DatePublished] => 2002-02-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Bansa
[SectionUrl] => bansa
[URL] =>
)
[7] => Array
(
[ArticleID] => 149150
[Title] => Desierto suspends SEC exec linked to bribes
[Summary] => Ombudsman Aniano Desierto ordered yesterday the six-month preventive suspension of a lawyer of the Securities and Exchange Commission (SEC) accused of receiving a total of P400,000 in bribes from the company of alleged Japanese swindler Genta Ogami.
[DatePublished] => 2002-02-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096652
[AuthorName] => Delon Porcalla
[SectionName] => Nation
[SectionUrl] => nation
[URL] =>
)
[8] => Array
(
[ArticleID] => 148158
[Title] => SEC orders seizure of Ogami assets
[Summary] => The Securities and Exchange Commission (SEC) has issued a writ of execution for the seizure of the assets of Japanese national Genta Ogami and other officials of G. Cosmos Philippines after they failed to pay the P57.18-million fine for the sale of fraudulent investment contracts.
Tomas Syquia, director of the SEC’s Compliance and Enforcement Department, said the 15-day deadline set by the Commission for the payment of the penalty expired last Monday, Jan. 21, hence prompting the SEC to resort to the asset seizure.
[DatePublished] => 2002-01-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 148039
[Title] => Ogami used illegal money to buy Unitrust — former bank exec
[Summary] => Former Unitrust Development Bank chairman and president Kensuke Inoue admitted yesterday that controversial Japanese cult leader Genta Ogami used illegal funds to acquire the bank.
In a press briefing, Inoue said Ogami, who heads G. Cosmos Japan and G. Cosmos Philippines, raised money through unauthorized sale of securities as well as through the controversial mail-order scheme both in Japan and in the Philippines.
[DatePublished] => 2002-01-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
COSMOS PHILIPPINES
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 199522
[Title] => Ombudsman orders dismissal of SEC lawyer
[Summary] => The Office of the Ombudsman ordered dismissed from public service a Securities and Exchange Commission (SEC) lawyer for grave misconduct for extorting P1 million in 2001 from G. Cosmos Philippines, a fraudulent financial investment company, owned by the notorious Gento Ogami.
Lawyer Rommel G. Oliva, Securities Counsel III assigned to the SEC Compliance and Enforcement Department, was also found guilty of dishonesty after he falsified his personal data sheet (PDS) by not declaring that he has a pending criminal case before the Office of the Ombudsman.
[DatePublished] => 2003-03-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 177968
[Title] => Be wary of get-rich-quick offers, PSE warns public
[Summary] => The Securities and Exchange Commission has warned the investing public to be more cautious in dealing with companies that offer high returns for low investments.
SEC said the public should learn to invest wisely and take personal responsibility for their investment decisions since the commission does not have the capacity to oversee and regulate the entire investing public.
[DatePublished] => 2002-09-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 177470
[Title] => SEC head cites need to address concerns of foreign investors
[Summary] => Securities and Exchange Commission (SEC) Chairperson Lilia R. Bautista said the country must immediately address the concerns of foreign investors on the burgeoning budget deficit, the peace and order situation, and the dearth of incentives if it wants to attract and sustain both domestic and foreign investments.
Bautista said investor confidence continues to be undermined by the rising budget deficit, the huge non-performing loans of banks, weak corporate governance, instances of market misconduct and poor financial literacy.
[DatePublished] => 2002-09-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 169884
[Title] => PBCom still bidding for Unitrust
[Summary] => The Philippine Bank of Communications (PBCom) has not formally withdrawn its bid to acquire Unitrust Development Bank (Unitrust), but has expressed apprehension in completing certain requirements of the Philippine Deposit Insurance Corp. (PDIC), the receiver of the troubled bank.
In an official communication, PBCom said that it was apprehensive about meeting the Aug. 4 deadline set by the PDIC for completion of the documentary requirements for PBCom’s rehabilitation plan for Unitrust.
[DatePublished] => 2002-07-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 169541
[Title] => Yuseco group mulls judicial rehab for United Overseas Bank
[Summary] => A group claiming to own and control the beleaguered Unitrust Development Bank (Unitrust) is threatening to seek judicial rehabilitation after the Philippine Deposit Insurance Corp. (PDIC) rejected its rehabilitation proposal.
A group led by Francis R. Yuseco, Leopoldo J. Valcarcel and lawyer Fred L. Gutierrez said they would seek judicial rehabilitation from the civil courts if the PDIC, receiver of the troubled commercial bank, does not recognize their proposal. Gutierrez claims to represent the holdings of G. Cosmos Philippines.
[DatePublished] => 2002-07-25 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 155332
[Title] => DOJ issues hold departure order vs Ogami, 10 others
[Summary] => The Department of Justice (DOJ) placed yesterday the names of alleged Japanese swindler Genta Ogami and 10 others reportedly involved in the controversial Unitrust Development Bank scandal in the hold departure list of the Bureau of Immigration.
"This will prevent responsible UDB directors, officers, stockholders from evading criminal investigation and prosecution of charges," Justice Secretary Hernando Perez said in a press statement.
[DatePublished] => 2002-03-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096652
[AuthorName] => Delon Porcalla
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 149953
[Title] => Drilon 'nabastos' nag-walkout sa anibersaryo ng PNP
[Summary] => Personal na humingi ng paumanhin kahapon si PNP chief Director-General Leandro Mendoza nang magtungo ito sa tanggapan ni Senate President Franklin Drilon matapos itong mag-walkout sa ginanap na ika-11 anibersaryo ng Philippine National Police kahapon ng umaga sa Camp Crame sa pag-aakalang "nabastos" siya sa okasyon.
Ang paghingi ng paumanhin ni Mendoza kay Drilon ay ukol umano sa nakalimutang lagyan ng pangalan ang upuan ng pangulo ng senado sa nasabing anibersaryo.
[DatePublished] => 2002-02-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Bansa
[SectionUrl] => bansa
[URL] =>
)
[7] => Array
(
[ArticleID] => 149150
[Title] => Desierto suspends SEC exec linked to bribes
[Summary] => Ombudsman Aniano Desierto ordered yesterday the six-month preventive suspension of a lawyer of the Securities and Exchange Commission (SEC) accused of receiving a total of P400,000 in bribes from the company of alleged Japanese swindler Genta Ogami.
[DatePublished] => 2002-02-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096652
[AuthorName] => Delon Porcalla
[SectionName] => Nation
[SectionUrl] => nation
[URL] =>
)
[8] => Array
(
[ArticleID] => 148158
[Title] => SEC orders seizure of Ogami assets
[Summary] => The Securities and Exchange Commission (SEC) has issued a writ of execution for the seizure of the assets of Japanese national Genta Ogami and other officials of G. Cosmos Philippines after they failed to pay the P57.18-million fine for the sale of fraudulent investment contracts.
Tomas Syquia, director of the SEC’s Compliance and Enforcement Department, said the 15-day deadline set by the Commission for the payment of the penalty expired last Monday, Jan. 21, hence prompting the SEC to resort to the asset seizure.
[DatePublished] => 2002-01-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 148039
[Title] => Ogami used illegal money to buy Unitrust — former bank exec
[Summary] => Former Unitrust Development Bank chairman and president Kensuke Inoue admitted yesterday that controversial Japanese cult leader Genta Ogami used illegal funds to acquire the bank.
In a press briefing, Inoue said Ogami, who heads G. Cosmos Japan and G. Cosmos Philippines, raised money through unauthorized sale of securities as well as through the controversial mail-order scheme both in Japan and in the Philippines.
[DatePublished] => 2002-01-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
February 8, 2002 - 12:00am
