P900-M San Pablo loan deal stopped

SAN PEDRO, Laguna—The regional trial court in San Pablo City, Laguna, has issued a 72-hour temporary restraining order (TRO) stopping the release of P900 million that the city government is borrowing from a private bank.

San Pablo RTC Judge Agripino Morga, in a hearing Thursday, granted the petition by a group of concerned citizens to put on hold the loan transaction. Continue reading…

Advertisements

Your Opinions...

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s