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Bangko Sentral can be accountable in Banco Filipino case.
(From BusinessWorld (Philippines))
Byline: Ruby Anne M. Rubio
The Makati Regional Trial Court has junked the motion for reconsideration filed by the Bangko Sentral ng Pilipinas, thus affirming its earlier ruling that the financial regulator can be accountable in the P18.8-billion damage suit filed by Banco Filipino Savings and Mortgage Bank against the defunct Central Bank over the savings bank's closure in 1985.
"This court resolves to give due course to the motion to admit second amended or supplemental complaint to avert a miscarriage of justice. For judicial cases do not come and go through the portals of the court of law by the mere mandate of …
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