Category: News Report

  • Former Officers of Closed Sarangani Rural Bank Convicted by Courts

    Former Officers of Closed Sarangani Rural Bank Convicted by Courts

    General Santos City, South Cotabato — Three courts in General Santos City have convicted former officers of the closed Sarangani Rural Bank, Inc. (SRBI) for violating the Bangko Sentral ng Pilipinas’ (BSP) Manual of Regulations for Banks (MORB), the General Banking Law of 2000, and the Revised Penal Code.

    The city’s Regional Trial Court (RTC), Branch 60, found former SRBI President and Manager Francisco L. Laiz, Jr.; former Loans Bookkeeper Marydelle C. Arbilo; former Loans Clerk Annalyn C. Brumo; and former Account Officer Charity B. Villa guilty of participating in fraudulent transactions involving fictitious loans. The SRBI credit committee members, including former Loans Supervisor Arsenia C. Dela Cruz and former General Bookkeepers Mizpah C. Santos and Lilibeth B. Girado, were also convicted.

    The court sentenced each accused to six years’ imprisonment and ordered them to pay a fine of PHP50,000.00. Additionally, they face perpetual disqualification from employment in any of the BSP-Supervised Financial Institutions.

    Meanwhile, RTC Branch 55 convicted former Technical Assistant Justino G. Tamala, Jr. for violating provisions in the BSP’s MORB and for falsification of public and commercial documents. Tamala received a five-year prison sentence and a PHP50,000.00 fine for each of the five charges against him, with subsidiary imprisonment in case of insolvency.

    In a separate ruling, the Municipal Trial Court in Cities, Branch 2, also convicted Laiz, Arbilo, Brumo, Villa, Dela Cruz, and Santos for falsification of public and commercial documents. They were sentenced to one year and eight months’ imprisonment and fined PHP3,000.00 each.

  • Japanese Artist Walks Panay Island Pulling Tire

    Japanese Artist Walks Panay Island Pulling Tire

    ROXAS CITY, Philippines — A Japanese performance artist is walking around Panay Island while pulling a tire, aiming to complete a loop through four provinces.

    Tappei Noguchi of Tokyo began his journey in Roxas City, Capiz, and has traversed parts of Iloilo and Antique provinces. He is currently in Sebaste, Antique, heading toward Aklan province.

    Noguchi has shared artwork with supporters along his route. He is expected to reach Aklan by June 30 before returning to Roxas City to finish the loop.

    If successful, Noguchi may be the first person to circle Panay Island entirely on foot.

  • San Miguel Corporation Warns Public of Job Scams

    San Miguel Corporation Warns Public of Job Scams

    San Miguel Corporation (SMC), one of the Philippines’ largest conglomerates, has issued a public advisory warning job seekers about fraudulent hiring practices.

    The company stated that neither SMC nor its subsidiaries require any form of payment from job applicants during the hiring process.

    The advisory aims to alert the public about individuals posing as SMC employees or representatives who are running scams that promise guaranteed employment in exchange for money. These scammers reportedly ask for various fees, including processing fees and medical fees.

    SMC emphasized that such practices are not part of their legitimate recruitment process.

    The company advises those interested in career opportunities within the San Miguel group to visit their official careers website at careers.sanmiguel.com.ph or follow their official Facebook page for accurate information.

    The advisory from SMC highlights the ongoing issue of job scams in the Philippines, where unsuspecting job seekers can fall victim to fraudulent schemes.

    SMC’s public statement serves as a reminder for job applicants to be vigilant and to verify employment opportunities through official channels.