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Friday, September 20, 2019

CH to appeal injunction in Banco de Oro's favor

AFTER the court issued an injunction in favor of BDO Unibank, Cebu City Mayor Tomas Osmeña said he is willing to elevate the matter to the Supreme Court (SC) and the Office of the President.

But before doing that, City Attorney Joseph Bernaldez said the City will file a motion for reconsideration.

“We will follow the order of the court but that does not stop us from filing a motion for reconsideration. We will submit it to the court within the 15 days period prescribed by the rule,” Bernaldez said.

If the judge denies the motion, the City will bring the matter to the Court of Appeals.

Despite the gag order issued against him, Osmeña asked the public not to be discouraged by the development through a post on his Facebook page.

"When I first spoke of this issue, I said that we have a long and hard fight ahead. I wasn't exaggerating. We are, after all, fighting billionaires. Don't be discouraged. This is just a setback. It will be the first of many. It is far from the end," he said.

“I will escalate this when the time comes. I will escalate this to the Supreme Court and the President if I have to. This will not end quickly. We have a long, winding, and bumpy road ahead. But we will get there,” he added.

BDO had applied for the issuance of a writ of preliminary injunction and filed a petition for mandamus against Osmeña and City Treasurer Tessie Camarillo after City Hall refused to accept payments for 2017 taxes and fees for its 27 branches.
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