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The Development Bank of the Philippines petitioned to annul a Commission on Audit decision disallowing the Bank's 1988 purchase of 19 motor vehicles totaling $5.5 million without presidential approval, as required. While the Bank argued the purchases were necessary for its modernization, the Commission found they violated rules requiring presidential approval for such purchases. The Supreme Court upheld the Commission's decision, finding no grave abuse of discretion, as the rules clearly required presidential approval for exceptions.
Deskripsi Asli:
2006
Judul Asli
Development Bank of the Philippines vs. Commission on Audit.doc
The Development Bank of the Philippines petitioned to annul a Commission on Audit decision disallowing the Bank's 1988 purchase of 19 motor vehicles totaling $5.5 million without presidentia…