12 months SC clears former PCSO board chair Valencia on malversation charges MB
By Rey Panaligan The Supreme Court (SC) has reversed the Sandiganbayan as it ordered the dismissal of the P13.3 million malversation charges filed against Sergio O. Valencia, former chairman of the board of directors of the Philippine Charity Sweepstakes Office (PCSO). Supreme Court (SC) (MANILA BULLETIN) In a decision written by the now retired Associate Justice Mariano C. del Castillo, the SC granted the demurrer to evidence filed by Valencia, in connection with the alleged illegal and fraudulent release, withdrawal, and disbursement of PCSO’s confidential and intelligence fund (CIF) from 2007 to 2010. On April 6, 2015, the Sandiganbayan granted ... more