AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Pardo defends gov't decision on PNB sale to Lucio Tan.
The Department of Finance (DoF) did not keep secret the government's voting rights in Philippine National Bank (PNB), an act that supposedly led to investors' lackluster sentiment on the bank, outgoing Finance Secretary Jose T. Pardo yesterday said.
In a press statement, Mr. Pardo said even after disclosing the government's voting rights, this failed to attract investors to buy into the bank since the rights were set to expire June 30, 2000, or a few weeks after the scheduled sale of PNB.
Mr. Pardo refuted allegations made by former Finance Secretary Edgardo B. Espiritu that Chinese-Filipino businessman Lucio C. Tan was able to control PNB because the …
-
- PNB reverse privatization legal, but no to voting rights for PDIC (DoJ.
-
Magazine article from: BusinessWorld (Philippines)
January 8, 2002
700+ words
-
- Tan commits to give gov't equal voting rights in PNB.
-
Magazine article from: BusinessWorld (Philippines)
January 14, 2002
700+ words
-
- Espiritu blames gov't for 'hiding' PNB ownership.
-
Magazine article from: BusinessWorld (Philippines)
January 23, 2001
700+ words
-
- Gov't vow PNB profitability.
-
Newspaper article from: Philippine Daily Inquirer
January 24, 2002
700+ words
-
- Ex-DoF chiefs 'not telling entire story' in PNB deal, Cuisia says.
-
Magazine article from: BusinessWorld (Philippines)
January 26, 2001
700+ words
