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Bangko Sentral ng Pilipinas vs. Commission on Audit, et al.

BANGKO SENTRAL NG PILIPINAS, Petitioner, vs. COMMISSION ON AUDIT & RECARREDO S. VALENZUELA, Respondents.

G.R. No. 168964 | 2006-01-23


EN BANC

D E C I S I O N 

YNARES-SANTIAGO, J.: 

The instant petition for certiorari seeks to set aside the December 29, 2003 Judgment[1] of the Commission on Audit (COA) in Decision No. 2003-163, which allowed the release of respondent Recarredo S. Valenzuela's retirement benefits; as well as its July 21, 2005 Resolution[2] denying petitioner Bangko Sentral Ng Pilipinas' (BSP) motion for reconsideration. 

On March 1, 1990, respondent was employed by the defunct Air Transportation Unit (ATU) of BSP's Security Investigation and Transportation Department (SITD). As such, he assumed direct accountability over the spare parts and...