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Trans Middle East (Phils.) Equities, Inc. vs. Sandiganbayan.

TRANS MIDDLE EAST (PHILS.) EQUITIES, INC., Petitioner, versus SANDIGANBAYAN (SECOND DIVISION), Respondent.

G.R. No. 129434 | 2006-08-18

SECOND DIVISION

DECISION 

SANDOVAL-GUTIERREZ, J.: 

For our resolution is the instant Petition for Certiorari under Rule 65 of the 1997 Rules of Civil Procedure, as amended, assailing the June 17, 1997 Resolution[1] of the Sandiganbayan in Civil Case No. 0035, entitled "Republic of the Philippines, petitioner, versus Benjamin 'Kokoy' Romualdez, et al; respondents." 

Sometime in 1983, Atty. Edilberto S. Narciso, Jr. and his law firm organized into a corporation the Trans Middle East (Phils.) Equities, Incorporated (TMEPEI), petitioner herein, with a capital stock of P30,000,000.00 divided into 300,000 shares at P100.00 per...