Back

AM&PMI etal vs Ismael Mathay, sr. etal.

AMERICAN MACHINERY & PARTS MANUFACTURING, INC., INTERNATIONAL CHEMICAL INDUSTRIES, INC., and YUPANGCO COTTON MILLS, INC., petitioners, vs. ISMAEL MATHAY, SR., as Auditor General; ERNESTO M. MACEDA, as Executive Secretary; CENTRAL BANK OF THE PHILIPPINES; and RAFAEL L. DIZON, as Auditor of the Central Bank, respondents.

G.R. Nos. L-30998, 31021, 31022 | 1987-10-28

D E C I S I O N


PADILLA, J.:

Petitions for review, certiorari and mandamus, to annul and set aside the decisions of the Auditor General, dated 4 September 1969, and of the Executive Secretary, dated 27 August 1969, as well as the Memorandum of the Auditor of the Central Bank, dated 10 September 1969, which served as the bases for the denial of the petitioners' claims for refund of margin fees paid on purchases of foreign exchange used in payment of machinery, spare parts and equipment, and to order the respondents to approve said claims for refund. These cases, although separate and distinct from each other, are considered and decided...