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PHILIPPINE COMMUNICATIONS SATELLITE CORPORATION AND PHILCOMSAT HOLDINGS CORPORATION, PETITIONERS, VS. SANDIGANBAYAN 5TH DIVISION AND PRESIDENTIAL COMMISSION ON GOOD GOVERNMENT, RESPONDENTS.

PHILIPPINE COMMUNICATIONS SATELLITE CORPORATION AND PHILCOMSAT HOLDINGS CORPORATION, PETITIONERS, VS. SANDIGANBAYAN 5TH DIVISION AND PRESIDENTIAL COMMISSION ON GOOD GOVERNMENT, RESPONDENTS.

G.R. No. 203023 | 2015-06-17

SECOND DIVISION
 
D E C I S I O N

CARPIO, J.:

The Case
 
Before the Court is a petition for review on certiorari under Rule 45 of the Rules of Court filed by Philippine Communications Satellite Corporation (PHILCOMSAT) and PHILCOMSAT Holdings Corporation (PHC) [petitioners] against respondents, the Sandiganbayan and the Presidential Commission on Good Government (PCGG). Petitioners are assailing the Sandiganbayan's Resolution[1] promulgated on 3 May 2012 dismissing their complaint in Civil Case No. SB-12-CVL-0001, and the Resolution[2] promulgated on 14 August 2012 denying their motion for reconsideration.

The Facts
 
PHC is a...