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SC rejects appeal in fraud case vs RCBC officials - BusinessWorld Online

Summary by bworldonline.com
THE SUPREME COURT (SC) has denied the motion for reconsideration filed by a local foundation seeking to revive fraud accusations against current and former officials of Rizal Commercial Banking Corp. (RCBC). RCBC told the stock exchange on Wednesday that on Nov. 18, it received a notice dated July 28, 2025, in which the high court dismissed the appeal of Inang Nag-Aaruga sa Anak Foundation. The ruling upheld a 2023 Court of Appeals decision that…

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SC rejects appeal in fraud case vs RCBC officials - BusinessWorld Online

THE SUPREME COURT (SC) has denied the motion for reconsideration filed by a local foundation seeking to revive fraud accusations against current and former officials of Rizal Commercial Banking Corp. (RCBC). RCBC told the stock exchange on Wednesday that on Nov. 18, it received a notice dated July 28, 2025, in which the high court dismissed the appeal of Inang Nag-Aaruga sa Anak Foundation. The ruling upheld a 2023 Court of Appeals decision that…

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bworldonline.com broke the news in on Wednesday, November 19, 2025.
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