DBP employee commit suicide because of allegation of corruption for the arroyos

[jack_bauer]

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This atty pinpin daw, is charged to check that all transactions met its required documents.. basin mao ni rason ngano ng suicide.. basin kabalo siya nga dili gyud unta dapat ma approve ang loans pero tungod sa pressure sa board at that time gi approve nlang niya.. MAO NA ANG TINOOD NGA PRESSURE..

here's what the COA has to say regarding the Ongpin deal
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based on the position of the Commission on Audit (COA), ”some kind of a behest loan deprived DBP of opportunity trading gain of P412 million resulting from the sale of DBP’s Philex shares to Ongpin’s Delta Ventures Resources Inc. in November 2009.”

The DBP said that the alleged anomalous loan transactions with Ongpin “exposed the institution to BSP (Bangko Sentral ng Pilipinas) sanctions.”

In an April 11, 2011 letter, the BSP called the bank’s attention “to the violation of banking laws and rules in these anomalous transactions and warning DBP of the sanctions, which are imposed for said violations.”

Acorda claims that the two credit committees of DBP, the DBP Board, DBP’s internal auditors and the Commission on Audit (COA) were unanimous in their finding that the loans were under collateralized.

source: Opposition lawmakers seek probe on 'DBP bullying' - The Philippine Star » News » Headlines

[slyder10]

i blame PNOY for this nonsense. he trimmed down DepEd's budget. the results are starting to show!

[jack_bauer]

i blame PNOY for this nonsense. he trimmed down DepEd's budget. the results are starting to show!

source please? because my figures would show that it has been increased by a very substantial increase.
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The budget for the Department of Education (DepEd) will increase by 15.2 percent to P238.8 billion in 2012 from this year’s P207.3 billion. In particular, the Basic Educational Facilities Fund will increase by 54.28 percent P17.4 billion from P11.291 billion; while the Regular School Building Program will again be provided with one billion pesos. All in all, this will provide 41,381 additional classrooms, 2.53 million seats, and 25,667 water and sanitation facilities.

source : Social services sector to increase by P54.4 B in 2012 budget | Official Gazette of the Republic of the Philippines

[slyder10]

source please? because my figures would show that it has been increased by a very substantial increase.
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The budget for the Department of Education (DepEd) will increase by 15.2 percent to P238.8 billion in 2012 from this year’s P207.3 billion. In particular, the Basic Educational Facilities Fund will increase by 54.28 percent P17.4 billion from P11.291 billion; while the Regular School Building Program will again be provided with one billion pesos. All in all, this will provide 41,381 additional classrooms, 2.53 million seats, and 25,667 water and sanitation facilities.

source : Social services sector to increase by P54.4 B in 2012 budget | Official Gazette of the Republic of the Philippines

you didn't get my point sir. read the thread topic then read my post afterwards. thanks have a nice day! )

[jack_bauer]

you didn't get my point sir. read the thread topic then read my post afterwards. thanks have a nice day! )

hehe.. just any other similar innuendo against the president..

nga gi ubos ang quality sa edukasyon tungod sa ka bogoan ni noynoy?hehe

good day also..

[KhunRudy]

This atty pinpin daw, is charged to check that all transactions met its required documents.. basin mao ni rason ngano ng suicide.. basin kabalo siya nga dili gyud unta dapat ma approve ang loans pero tungod sa pressure sa board at that time gi approve nlang niya.. MAO NA ANG TINOOD NGA PRESSURE..

here's what the COA has to say regarding the Ongpin deal
-------
based on the position of the Commission on Audit (COA), ”some kind of a behest loan deprived DBP of opportunity trading gain of P412 million resulting from the sale of DBP’s Philex shares to Ongpin’s Delta Ventures Resources Inc. in November 2009.”

The DBP said that the alleged anomalous loan transactions with Ongpin “exposed the institution to BSP (Bangko Sentral ng Pilipinas) sanctions.”

In an April 11, 2011 letter, the BSP called the bank’s attention “to the violation of banking laws and rules in these anomalous transactions and warning DBP of the sanctions, which are imposed for said violations.”

Acorda claims that the two credit committees of DBP, the DBP Board, DBP’s internal auditors and the Commission on Audit (COA) were unanimous in their finding that the loans were under collateralized.

source: Opposition lawmakers seek probe on 'DBP bullying' - The Philippine Star » News » Headlines

aw boot pasabot ani apil diay ning tawhana.....syaro naman sad unsa bata kay di kamao mobasa.

[jack_bauer]

aw boot pasabot ani apil diay ning tawhana.....syaro naman sad unsa bata kay di kamao mobasa.

it appears to be bai..

ang akoa lang diri.. maayo kaayo mga spin doctors ni arroyo/pinpin et.al..
gihimong against ni noynoy ang issue..
nga tungod daw sa pressure sa administration mao ga suicide..

[godwhacker]

it appears to be bai..

ang akoa lang diri.. maayo kaayo mga spin doctors ni arroyo/pinpin et.al..
gihimong against ni noynoy ang issue..
nga tungod daw sa pressure sa administration mao ga suicide..

Here read and read carefully Suicide notes paper trail to DBP intrigues