BANCO DE ORO vs. REPUBLIC OF THE PHILIPPINES
BANCO DE ORO, BANK OF COMMERCE, CHINA BANKING CORPORATION, METROPOLITAN BANK & TRUST COMPANY, PHILIPPINE BANK OF COMMUNICATIONS, PHILIPPINE NATIONAL BANK, PHILIPPINE VETERANS BANK AND PLANTERS DEVELOPMENT BANK, RIZAL COMMERCIAL BANKING CORPORATION (RCBC) AND RCBC CAPITAL CORPORATION (RCBC CAPITAL), CAUCUS OF DEVELOPMENT NGO NETWORKS (CODE-NGO) (Petitioner-Intervenor) vs REPUBLIC OF THE PHILIPPINES, THE COMMISSIONER OF INTERNAL REVENUE, BUREAU OF INTERNAL REVENUE, SECRETARY OF FINANCE, DEPARTMENT OF FINANCE, THE NATIONAL TREASURER AND BUREAU OF TREASURY G.R. No. 198756, January 13, 2015 LEONEN, J.: FACTS: By letter dated March 23, 2011, the CODE-NGO with the assistance of its financial advisers, RCBC, RCBC Capital, Capex finance investment corporation (CAPEX) and Seed Capital Ventures, Inc., (SEED), requested and approval from the Department of Finance (DOF) for the issuance by the Bureau of Treasury (BTr) of 10- year ...