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[Title] => SEC accepts compromise offer of Reynolds Phils
[Summary] => The Securities and Exchange Commission (SEC) has accepted a settlement offer from aluminum maker Reynolds Philippines Corp. (RPC), paving the way for the dismissal of the stock manipulation charges filed against the company early this year.
In a four-page order, the Commission en banc approved the offer of the five RPC officials implicated in the case to pay the sum of P100,000 each, or a total of P500,000, to put an end to the SEC’s investigation.
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JEROME CABARAL
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[Title] => SEC accepts compromise offer of Reynolds Phils
[Summary] => The Securities and Exchange Commission (SEC) has accepted a settlement offer from aluminum maker Reynolds Philippines Corp. (RPC), paving the way for the dismissal of the stock manipulation charges filed against the company early this year.
In a four-page order, the Commission en banc approved the offer of the five RPC officials implicated in the case to pay the sum of P100,000 each, or a total of P500,000, to put an end to the SEC’s investigation.
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abtest
May 7, 2001 - 12:00am
Recommended
Vice President Sara Duterte called on President Marcos to resign, branding him the “problem of the nation” as she accused his administration of corruption, abuse and political harassment amid the cases filed against her and members of her family.
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