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JurisprudenceG.R. No. 210838 -

G.R. No. 210838 - DEVELOPMENT BANK OF THE PHILIPPINES, V. COMMISSION ON AUDIT.

En Banc

Cited Laws

RA 7227RA 6758RA 10151RA 6758,RA 8523
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TL;DR — Ruling

WHEREFORE , We AFFIRM the Commission on Audit's disallowance of the payment of Governance Forum Productivity Award to DBP's officials and employees in the total amount of PhP170,893,689.00 as contained in its Decision No. 2012-207 dated November 15, 2012 subject to the MODIFICATION that the DBP's officials and employees are no longer required to refund the said amount. SO ORDERED.

Decision

Ruling

WHEREFORE , We AFFIRM the Commission on Audit's disallowance of the payment of Governance Forum Productivity Award to DBP's officials and employees in the total amount of PhP170,893,689.00 as contained in its Decision No. 2012-207 dated November 15, 2012 subject to the MODIFICATION that the DBP's officials and employees are no longer required to refund the said amount. SO ORDERED.