THE Supreme Court has ordered the filing of criminal charges against a former officer of the Bangko Sentral ng Pilipinas' (BSP) Supervision and Examination Sector (SES) for obtaining a loan with the Rural Bank of Kiamba, Sarangani, Inc. (RBKSI) in 2006.
In an 18-page decision penned by Associate Justice Samuel Gaerlan, the Court's first division granted the petition filed by the BSP to reverse and set aside the Feb. 9, 2011 resolution and the July 28, 2011 order of the Office of the Ombudsman that absolved Jamorabo of criminal and administrative liability for violation of Section 27(d) in relation to Section 36 of Republic Act 7653 (The New Central Bank Act).
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