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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 86779 [Title] => BSP denies violating own charter [Summary] =>The Bangko Sentral ng Pilipinas (BSP) dismissed yesterday as unfounded, charges that it violated its own charter by extending loans totaling P20.1 billion to the national government.
BSP Gov. Rafael Buenaventura said the funds, which were released in two tranches, could not be considered as loans since they were paid as subscription payment or membership contribution to the International Monetary Fund (IMF) in the name of the national government.
Misamis Oriental Rep. [DatePublished] => 2000-01-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 86769 [Title] => Opposition hits BSP's P20.1-B loans to nat'l gov't [Summary] =>
The Bangko Sentral ng Pilipinas (BSP) has violated its own charter by granting loans totaling P20.1 billion to the national government, opposition congressmen said yesterday.
The accusation is contained in Resolution 1322 in which the lawmakers asked the House committee on good government to inquire into the alleged violation by the Bangko Sentral of its own charter, otherwise known as the New Central Bank Act.
The measure is principally authored by Rep. Oscar Moreno (Lakas, Misamis Oriental). Sixteen other opposition lawmakers led by Minority Leader Feliciano Belmonte Jr. [DatePublished] => 2000-01-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )
MINORITY LEADER FELICIANO
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 86779 [Title] => BSP denies violating own charter [Summary] =>The Bangko Sentral ng Pilipinas (BSP) dismissed yesterday as unfounded, charges that it violated its own charter by extending loans totaling P20.1 billion to the national government.
BSP Gov. Rafael Buenaventura said the funds, which were released in two tranches, could not be considered as loans since they were paid as subscription payment or membership contribution to the International Monetary Fund (IMF) in the name of the national government.
Misamis Oriental Rep. [DatePublished] => 2000-01-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 86769 [Title] => Opposition hits BSP's P20.1-B loans to nat'l gov't [Summary] =>
The Bangko Sentral ng Pilipinas (BSP) has violated its own charter by granting loans totaling P20.1 billion to the national government, opposition congressmen said yesterday.
The accusation is contained in Resolution 1322 in which the lawmakers asked the House committee on good government to inquire into the alleged violation by the Bangko Sentral of its own charter, otherwise known as the New Central Bank Act.
The measure is principally authored by Rep. Oscar Moreno (Lakas, Misamis Oriental). Sixteen other opposition lawmakers led by Minority Leader Feliciano Belmonte Jr. [DatePublished] => 2000-01-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )
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P18,339,819.00
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