The former president of the now defunct Urban Bank, Teodoro Borlongan, filed a case against Philippines central bank governor Rafael Buenaventura at the Supreme Court on Wednesday 10 September. Borlongan said he would prove that the bank was closed without due process.
Source: INQ7 Money
Former banker Teodoro Borlongan has filed a case against central bank governor Rafael Buenaventura at the Supreme Court Wednesday, he told INQ7.net in a telephone interview.
Borlongan was president of the now
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