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Alberto Reyes, et al vs Rural Bank of San Miguel (Bulacan), Inc

ALBERTO V. REYES, WILFREDO B. DOMO-ONG and HERMINIO C. PRINCIPIO, petitioners, vs. RURAL BANK OF SAN MIGUEL (BULACAN), INC., represented by HILARIO P. SORIANO, President and Principal Stockholder, respondent.

G.R. No. 154499 | 2004-02-27

R E S O L U T I O N

Tinga, J.:

This deals with the Motion for Reconsideration of petitioners Alberto V. Reyes and Wilfredo B. Domo-ong, both Bangko Sentral ng Pilipinas (BSP) officials,[1] and the Motion for Partial Reconsideration of respondent Rural Bank of San Miguel (Bulacan), Inc.


In the Decision[2] of March 14, 2003, this Court found Deputy Governor Reyes and Director Domo-ong liable for violation of the "standards of professionalism" prescribed by the Code of Conduct and Ethical Standards for Public Officials and Employees (Republic Act No. 6713) in that they used the distressed financial condition of respondent Rural Bank of...