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What is Hilario Soriano DOSRI Law Violation Case about?

This document summarizes a case involving Hilario Soriano, the former president of Rural Bank of San Miguel, who was accused of violating banking laws. Specifically, he was accused of: 1) Estafa through falsifying loan documents to obtain an 8 million peso loan for personal gain, in violation of the Revised Penal Code. 2) Violating the DOSRI law by indirectly securing an 8 million peso loan from his own bank for personal use, without proper approvals. The case discusses Soriano

Author

Anjo Aldenese

Language

EN