Ex-DBP president faces graft, estafa cases
THE former president of the Development Bank of the Philippines (DBP) has been charged with graft and estafa before the Sandiganbayan over alleged falsified reimbursements.
Vitaliano Nañagas 2nd has been charged with one count of graft and two counts of estafa after the Office of the Ombusdman unearthed his reimbursements that amounted to more than P370,000.
The Ombudsman indicted him for violating Section 3(e) of the Anti-Graft and Corrupt Practices Act, for “causing any undue injury to any party, any unwarranted benefits in the discharge of his official administrative.â€
Nañagas will also stand trial for violating Article 315, paragraph 2(a) of the Revised Penal Code by committing “fraudulent acts [through] falsely pretending . . . imaginary transactions.â€
In a three two-page charge sheets filed before the Sandiganbayan on Tuesday, state fiscals accused the present member of the board of directors of North Luzon Railways Corp. for “unlawfully and feloniously†approving his foreign travel to United States from May 15, 2004 to June 11, 2004.
“[Nañagas was] a member and the chairman [of the DBP board of directors], wherein he would be entitled to the usual bank privileges and allowances thereon despite attending to personal matters,†the information read, referring to the result of the purported crime that Nañagas had been found to commit.
On June 30, 2004, he allegedly reimbursed a P66,374.28 worth of expense “incurred in the Philippines†when in fact the official was in the US during the time the alleged expenses were incurred.
On the same day, Nañagas also was found to reimburse P310,665.73 “representing cost of gifts, representation, entertainment, and traveling expenses†which he said were expenses incurred in line with his duties.
The Ombudsman said that Nañagas “[took] advantage of his position†as the head of the government bank in reimbursing the money.
Ombudsman Concita Carpio-Morales signed the charge sheets on January 30 and recommended a total of P94,000 bail for temporary liberty.
http://www.manilatimes.net/index.php/news/nation/18260-ex-dbp-president-faces-graft-estafa-cases
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