Issue of April 19, 2015
Mt. Province

Baguio Day Anniversary Issue
Other Links:
Court exempts LT council from Coop Bank legal suit
by Jimmy K. Laking

The Regional Trial Court in Benguet granted a motion dropping 13 municipal council officials, led by Vice Mayor Romeo K. Salda, as defendants in two cases filed each by the Cooperative Bank of Benguet and the CBB Cooperative Foundation for sum of money and damages arising from a combined loan of P23 million acquired for the purchase of the “zero waste technology” machine billed to process solid waste.

But RTC Branch 63 Judge Jennifer P. Humiding ruled last week that former mayor Gregorio T. Abalos, would remain a defendant in both cases in his capacity as then mayor of La Trinidad.

Dropped as defendants in both cases were Salda, councilors Jim Botiwey, Henry Kipas, Arthur Shontogan, Roderick Awingan, Horacio Ramos, Jr., Estrella Adeban, Francis Lee, Von Ryan Tauli, Robert Namorro, Brenden Kim J. Quintos, then municipal administrator Charles Canuto and Municipal Budget Officer Imelda E. Grupo.

Lawyer Caesar Oracion, who represents the Coop Bank and the Foundation, filed the motion “in order to save time of all the parties and also for the constituents of the municipality.”
Besides, he added, the municipality has admitted its liability as the actual debtor.

The municipality of La Trinidad in 2011 stumbled into the arrangement after the municipal council authorized then mayor Abalos in a resolution to obtain a loan of P18M to acquire the “zero waste technology.”

This is apart from another P5M acquired from the CBB Foundation, both loans with interest of 12 percent per annum.

The court initially dismissed both cases for lack of jurisdiction.

In her order last week, Humiding denied the motion for reconsideration filed by the municipality of La Trinidad for lack of merit but granted the motion to drop the other defendants.

Salda said the council did not deny authorizing Abalos to apply for the loan but “our liability ended there because the money never passed through the coffers of the municipal treasurer.”

“Hence, there is no basis for us to appropriate payment for the loan,” he said.

With a 12 percent interest, the P18M loaned to the municipality of La Trinidad ballooned to P39,073,500 as of September 2014.

The court added Abalos has been dropped as a party sued in his personal capacity but would remain a defendant in his official capacity as representative of the defendant municipality.

Custom Search

Other news
:: CHED extends application for scholarship programs

Office of Civil Defense – CAR
Philex Mining Corporation
Philipine Long Distance Telephone (PLDT)
Philippine Veterans Bank
Pines City Colleges

Bureau of Fisheries and Aquatic Resources – CAR
Department of Health – CAR
Kalapaw Restaurant
King’s College of the Philippines
Marlon Ray Labagnoy Review Center
Mayor Mauricio G. Domogan
National Grid Corporation of the Philippines
Pag–IBIG Fund / HDMF Baguio
Regional Development Council and National Economic & Development Authority – CAR
Technical Education and Skills Development Authority – CAR
TI (Philippines), Inc.
University of the Cordilleras
University of the Philippines – Baguio

Ahead Tutorial and Review
Assumption Medical Diagnostic Center
Baguio General Hospital and Medical Center
Baguio Water District
Benguet Corp
Benguet Electric Cooperative, Inc.
Benguet State University
BSBT College Inc.
Bureau of Internal Revenue – CAR
Commission on Higher Education – CAR
Congressman Nicasio M. Aliping Jr.
Congressman Ronald M. Cosalan
Curamed Pharmacy
Department of Environment and Natural Resources – CAR
Department of the Interior and Local Governement – CAR
Dreamforce Review and Training Center
Easter College
Fabulo Beauty and Image Salon
Far East Pacific Commercial
Filipino–Japanese Foundation of Northern Luzon, Inc.
Ganza & Solibao Restaurants
Gov. Nestor B. Fongwan
Immigration Network Services, Inc.
Lepanto Consolidated Mining Company
Mayor Edna C. Tabanda
MMS Development Training Center Corporation
Mother Earth Deli Basket
Nagomi Spa
Sangguniang Panlalawigan

Home | About Us | Editorial Policy | Contact Us
News | Opinion | Snapshots | Week's Mail | Obituaries
Copyright © 2007. All Rights Reserved.