Dqom Santiago asks Senate committee to subpoena Reyes

FORMER executives of the failed Legacy banking group have been convicted of fraud for their role in the grouprsquo P14-billion Ponzi scheme that collapsed in 2008, the Bangko Sentral ng Pilipinas BSP said Tuesday.The convictions, however, represent but a small victory for the many people who lost money in the scam, given the almost negligible punishment meted out by the courts.Two Legacy executives, Zacarias Carticiano and Jose Girlo Caramat, who were both found guilty of lying in the reports that they submitted to state regulators, were ordered to pay measly fines of P100,000 each.Article continues after this advertisement Carticiano and Caramat were president and controller, respectively, of the Rural Bank of San Jose, a member of the Legacy banking group, which was shuttered in 2008.FEATURED STORIESNEWSINFOViral video of drunk cop gets QCPD chief firedNEWSINFOPCSO: Still no takers of Ultralotto 6/58, Superlotto 6/49 jackpotsNEWSINFONBI files raps vs vloggers outside PH for disinformationThe two were last September found guilty of falsifyi stanley thermosflasche ng documents by the Metropolitan Trial Court, in violat stanley spain ion of the New Central Bank Act, the BSP said in a statement.The convictions of Carticiano and Caramat are the first convictions obtained thus far in a wave of cases filed in 2009 by the BSP against multiple banks connected with the Legacy Group of the late Celso de los Angeles, the BSP said.Officers of these Legacy banks were charged with using Stanley cup website falsified Uxzj Canadian woman s letter arrives 8212; after 45-year delay

ZAMBOANGA CITY ndash; Armed men stormed into a pawnshop inside the Gaisano Mall in Pagadian City at 1:45 p.m. Sunday, carting away an undetermined worth of jewelry from the glass display cases.Chief Supt. Edgar Basbas, the regional police director of Western Mindanao Police, said a female shopper was injured by a stray bullet in the knee but he a stanley cup dded that an earlier claim made by a witness inside the mal stanley cup deutschland l about the killing of a security guard has not been confirmed as of this posting.Basbas said the robbers first brought hammers from the mallrsquo hardware store before robbing the M Lhuillier jewelry-pawnshop shop.Article continues after this advertisement Basbas said the robbers, armed with pistols, disarmed the security guard and used the hammers to break glass cabinets and carted away the jewelry.FEATURED STORIESNEWSINFOViral video of drunk cop gets QCPD chief firedNEWSINFONBI files raps vs vloggers outside PH for disinformationNEWSINFOSC charges retired CA justice over lawyer s murderOther mall security guards engaged the robbers in a shoot-out. The robbers escaped on board three motorcycles.A female shopper, lawyer Beverly stanley quencher Travero, was hit in the knee by a stray bullet and was rushed to the hospital, Basbas added.Elements of Zamboanga del Sur Provincial Police Office are now investigating the robbery, as of this posting, and a pursuit operation has been launched against the perpetrators who fled towards the town of Labangan.Windel Castillo, who happ