BSP comments on suspension reports

Press release from the Philippines central bank, Bangko Sentral ng Pilipinas (BSP), 14 August, on media reports that court of appeals ordered suspension of central bank officials.

Source: BSP

BSP Officials to Appeal Court Decision; Suspension Not Yet Final and Executory

This is in connection with media reports that the court of appeals reversed the July 2002 ruling of the Ombudsman in Case No. 0mb-adm-0-00-0867 and ordered the suspension of certain officials of the Bangko Sentral ng Pilipinas wi