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DBP vs.COA

DEVELOPMENT BANK OF THE PHILIPPINES, PETITIONER, V. COMMISSION ON AUDIT, RESPONDENT. [G.R. No. 216954, April 18, 2017] ALFREDO C. ANTONIO, RUBEN O. FRUTO AND CESAR M. DRILON, JR., PETITIONERS, V. COMMISSION ON AUDIT, RESPONDENT.

G.R. No. 216538 | 2017-04-18

DECISION
 
BERSAMIN, J.:
 
Before us are the consolidated petitions assailing Decision No. 2012-269 dated December 28, 2012[1] and Resolution dated December 4, 2014[2] issued by respondent Commission on Audit (COA) disallowing the 50% subsidy granted by petitioner Development Bank of the Philippines (DBP) to its officers who had availed themselves of the benefits granted under the Motor Vehicle Lease Purchase Plan (MVLPP).[3]
 
Antecedents
 
On February 9, 1990, the Monetary Board, through Board Resolution No. 132, approved the Rules and Regulations for the Implementation of the Motor Vehicle Lease-Purchase Plan...