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Tourist Duty Free Shops vs SANDIGANBAYAN, PCGG, et al

TOURIST DUTY FREE SHOPS, INC., petitioner, vs. THE HONORABLE SANDIGANBAYAN, PRESIDENTIAL COMMISSION ON GOOD GOVERNMENT, RIZAL COMMERCIAL BANKING CORPORATION and BANK OF AMERICA, respondents.

G.R. No. 107395 | 2000-01-26

D E C I S I O N

BUENA, J.:

This petition for review on certiorari seeks to nullify and set aside the Resolutions of the respondent Sandiganbayan, Second Division, dated June 15, 1992 and September 23, 1992, which (1) dismissed the complaint for injunction and specific performance filed by petitioner against private respondents;[1] and (2) denied the motion for reconsideration thereof, respectively.[2]

The facts are undisputed.

On March 11, 1986, the PCGG, through Commissioner Mary Concepcion Bautista, issued a sequestration order against petitioner, the fallo of which reads:

"The Manager
Tourist Duty Free Shops, Inc.
Food Terminal...