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Reyna and Soria vs. Commission on Audit (COA)

RUBEN REYNA and LLOYD SORIA, Petitioners, vs. COMMISSION ON AUDIT, Respondent.

G.R. No. 167219 | 2011-02-08

EN BANC
D E C I S I O N
 
PERALTA, J.:
 
Before this Court is a Petition for certiorari,1 under Rule 64 of the Rules of Court, seeking to set aside Resolution No. 2004-046,2 dated December 7, 2004, of the Commission on Audit (COA).
 
The facts of the case are as follows:
 
The Land Bank of the Philippines (Land Bank) was engaged in a cattle-financing program wherein loans were granted to various cooperatives. Pursuant thereto, Land Bank’s Ipil, Zamboanga del Sur Branch (Ipil Branch) went into a massive information campaign offering the program to cooperatives.
 
Cooperatives who wish to avail of a loan...