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Officers of Negros Oriental bank convicted over fraudulent loans

Closed rural bank officials in Negros jailed for bank fraud

Three high-ranking officials of closed Rural Bank of Basay (RB Basay) in Negros Oriental were convicted by local courts of crimes relating to central bank violations amounting to P914,500. In a statement Friday, June 3, the Bangko Sentral ng Pilipinas (BSP) said the Regional Trial Court (RTC) and t

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