Ex-PNP officials get 8 years for helicopter deal
The Philippine Star|August 17, 2024
The Sandiganbayan has sentenced four former officials of the Philippine National Police to up to eight years in prison for graft in connection with an allegedly anomalous PNP helicopter procurement in 2009.
ELIZABETH MARCELO

In a 346-page decision promulgated yesterday, the court's Seventh Division found former PNP bids and awards committee vice chairman Director Luizo Ticman and BAC members Directors Ronald Roderos, Romeo Hilomen and Leocadio Santiago Jr. as well as private defendant Hilario de Vera guilty of violating Section 3 (e) of Republic Act 3019 or the Anti-Graft and Corrupt Practices Act.

They were sentenced to a minimum of six years and one month to a maximum of eight years of imprisonment with the accessory penalty of perpetual disqualification from holding public office.

They were also ordered to jointly or individually pay the government P11.377 million for each of the two secondhand helicopters found to have been illegally procured, or a total of P22.754 million for the two units.

This story is from the August 17, 2024 edition of The Philippine Star.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the August 17, 2024 edition of The Philippine Star.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE PHILIPPINE STARView All
The Philippine Star

ALI ind'l unit heating up cold storage business

The industrial real estate unit of property giant Ayala Land Inc is heating up its cold storage business as it looks to become a major player in the segment over the next five years.

time-read
2 mins  |
September 17, 2024
The Philippine Star

Financial resources grow 10% as of July

The total resources of the country's financial system breached the P32-trillion level, posting a double-digit growth in the first seven months of the year, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.

time-read
1 min  |
September 17, 2024
The Philippine Star

Gov't urged to assist online sellers in BIR registration

Online entrepreneurs should be given proper assistance to comply with Bureau of Internal Revenue (BIR) registration requirements as the tax agency starts a crackdown on unregistered entities, an advocacy group said.

time-read
1 min  |
September 17, 2024
The Philippine Star

FLI diversifies into condotels

Filinvest Land Inc.(FLI) is adding the condotel business in its diverse project portfolio with the acquisition of outstanding shares in Fora Services Inc. (FOSI).

time-read
1 min  |
September 17, 2024
The Philippine Star

Maya, Grab team up for instant credit

Digital lender Maya Bank has partnered with Grab Philippines to offer instant credit services among eligible users, boosting Filipinos' access to financial solutions while integrating more convenience into their daily lives.

time-read
2 mins  |
September 17, 2024
The Philippine Star

SMIC sees better H2 performance

Analysts see a stronger second half performance for the investment holding company of the Sy family.

time-read
1 min  |
September 17, 2024
The Philippine Star

SM Hotels taps TUV Rheinland for food safety, hygiene policies

SM Hotels and Conventions Corp.(SMHCC) has tapped testing service provider TUV Rheinland to ensure the highest standards of safety and quality for dining experiences.

time-read
1 min  |
September 17, 2024
The Philippine Star

Expanded regulatory power of GCG pushed

The Governance Commission on GOCCS (GCG) is expected to expand its regulatory powers once the 13-year-old law surrounding its mandate is amended.

time-read
1 min  |
September 17, 2024
The Philippine Star

Compliance woes stall Pag-IBIG home loan releases

The Home Development Mutual Fund, commonly known as Pag-IBIG Fund, is facing challenges in the release of its housing loans, with only a little over 50 percent of the target reached as of August.

time-read
2 mins  |
September 17, 2024
The Philippine Star

Phl bond market slows in Q2

Philippine bond market growth moderated in the second quarter from the previous quarter due to lower government and corporate issuances, the Asian Development Bank (ADB) said.

time-read
1 min  |
September 17, 2024