BSP charges 18 execs, personnel of Legacy group rural banks

The central bank has filed cases before the Department of Justice against officers and employees of rural banks under the Legacy Group.

Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco, in a statement, said various cases of 116 counts of falsification of public and commercial documents plus two counts of false statements against 18 officers, employees and agents of four rural banks belonging to the Legacy Group.

The banks were identified as Rural Bank of ParaƱaque, Rural Bank of DARBCI in South Cotabato, Rural Bank of San Jose in Batangas and Bank of East Asia. [Read More...]

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