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Cuenca vs. Atas [DECISION]

RODOLFO M. CUENCA, Petitioner, versus HON. ALBERTO P. ATAS, JULITO F. FABRERO, and HON. NATHANIEL A. LOBIGAS, in their capacity as Hearing Officers of the SECURITIES AND EXCHANGE COMMISSION; PHILIPPINE NATIONAL CONSTRUCTION CORPORATION, ASSET PRIVATIZATION TRUST, PHILIPPINE NATIONAL BANK, DEVELOPMENT BANK OF THE PHILIPPINES, NATIONAL DEVELOPMENT COMPANY, PHILIPPINE EXPORT AND FOREIGN LOAN GUARANTEE CORPORATION, and GOVERNMENT SERVICE INSURANCE SYSTEM, Respondents.

G.R. No. 146214 | 2007-10-05

D E C I S I O N
 
VELASCO, JR., J.:
 
 
The Case
 
In this Petition for Review on Certiorari[1] of the adverse November 29, 2000 Decision[2] of the Court of Appeals (CA) in CA-G.R. SP No. 60366, petitioner Rodolfo M. Cuenca, in effect, questions the July 10, 2000 Decision[3] of the Securities and Exchange Commission (SEC) Securities Investigation and Clearing Department (SICD) in SICD SEC Case No. 05-96-5357 entitled Rodolfo M. Cuenca v. Philippine National Construction Corporation (PNCC), et al.,which declared defendants-government financial institutions (GFIs) as majority stockholders of the PNCC. The...