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Development Bank of the Philippines vs. Commission on Audit.

DEVELOPMENT BANK OF THE PHILIPPINES, Petitioner, versus COMMISSION ON AUDIT, Respondent.

G.R. No. 166933 | 2006-08-10

EN BANC

D E C I S I O N 

PUNO, J.: 

Imputing grave abuse of discretion on the part of respondent Commission on Audit (COA), petitioner Development Bank of the Philippines (DBP) has come before this Court via a special civil action for certiorari in accordance with Rule 64 of the Rules of Court to annul and set aside: (a) COA Decision No. 2001-151 dated August 2, 2001[1] which denied petitioner's request for the lifting of the disallowance relative to its purchase in 1988 of nineteen (19) units of motor vehicles amounting to P5,525,000.00, but modified the amount to P5,000,000.00 considering the lifting of the P525,000.00...