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Asset Privatization Trust vs Sandiganbayan & Olivares

ASSET PRIVATIZATION TRUST, petitioner, vs. SANDIGANBAYAN (5TH DIVISION) and ROSARIO M. B. OLIVARES, respondents.

G.R. No. 138598 | 2001-06-29

D E C I S I O N

PANGANIBAN, J.:

Law and logic require that a contract be used as basis and foundation for the accurate determination of the extent and the amount of obligations arising therefrom. In the determination of these obligations, the Sandiganbayan - in the present case -- cannot override the valid and existing provisions embodied in the loan documents by supplanting them with extraneous matters, which the parties have not mutually agreed upon.

The Case

Before us is a Petition for Review on Certiorari under Rule 45 of the Rules of Court, seeking to nullify the January 25, 1994[1] and the May 6, 1999[2] Resolutions of the...