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Strategic Alliance Development Corporation Vs. Radstock Securities Limited and Philippine National Construction corporation [DISSENTING OPINION, BERSAMIN J.]

STRATEGIC ALLIANCE DEVELOPMENT CORPORATION, Petitioner, vs. RADSTOCK SECURITIES LIMITED and PHILIPPINE NATIONAL CONSTRUCTION CORPORATION, Respondents. / ASIAVEST MERCHANT BANKERS BERHAD, Intervenor.

G.R. No. 178158 | 2009-12-04

DISSENTING OPINION

BERSAMIN, J.:

I hereby register my dissent to the majority opinion of Justice Carpio that grants the petition in G.R. No. 180428, and declares (1) PNCC Board Resolution Nos. BD-092-2000 and BD-099-2000 (recognizing liability for the Marubeni Corporation (Marubeni) loans) void ab initio for causing undue injury to the Government and giving unwarranted benefits to a private party; and (2) the compromise agreement between the Philippine National Construction Corporation (PNCC) and Radstock Securities Limited (Radstock) inexistent and void ab initio for being contrary to Section 29(1), Article VI and Sections 3 and 7,...