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Supreme Court Affirms Finality of the Dismissal of the Charges vs. BSP Officials on Urban Bank Closure

03.05.2004

In two separate resolutions the Supreme Court affirmed the finality of the dismissal of certain charges brought against BSP officials relating to the Urban Bank closure.

In a resolution dated January 21, 2004, the Supreme Court denied the second motion for reconsideration filed by Teodoro Borlongan questioning the earlier resolution of the Supreme Court upholding the dismissal by the Ombudsman of criminal charges filed against BSP officials. Previously also, the Supreme Court denied with finality Borlongan’s first motion for reconsideration. In its latest resolution on the case, the Supreme Court ruled that the second motion lacks merit and that it is a prohibited pleading under the Rules of Civil Procedure.

In a related case, the Supreme Court in a resolution also dated January 21, 2004, affirmed the finality of the dismissal of related charges filed by Benjamin F.S. Tabios, since “the petition for review on certiorari had already been denied in the resolution of August 11, 2003 and the motion for reconsideration thereof had already been denied with finality in the resolution of October 8, 2003”.

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