BDO to Osmeña: We’re no tax cheats
7KH %DQFR GH 2UR 0DJDOODQHV %UDQFK LQVLVWHG that the Cebu &LW\ JRYHUQPHQW KDV QR OHJDO EDVLV to revoke its EXVLQHVV SHUPLW
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2Q -DQXDU\ 2VPHxD ¿OHG D FDVH DJDLQVW WKH EDQN IRU DOOHJHG XQGHU GHFODUDWLRQ RI LWV JURVV VDOHV in the renewal of business SHUPLW ODVW \HDU 7KH EDQN RQO\ GHFODUHG 3 JURVV VDOHV
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+H DOVR FLWHG WKH 6XSUHPH &RXUW UXOLQJ LQ Rural Bank of Makati versus 0XQLFLSDOLW\ RI 0DNDWL HW DO ZKHUHLQ WKH KLJK WULEXQDO UXOHG WKDW WKH ORFDO JRYHUQPHQW XQLW V RUGHU RI FORVXUH RI WKH EDQN GXH WR DOOHJHG GHOLQTXHQW WD[HV LV LPSURSHU EHFDXVH WKH EDQN LV QRW HQJDJHG LQ LOOHJDO RU LPPRUDO DFWLYLWLHV
Meanwhile, Osmeña VDLG WKH EDQN KDV WKH DELOLW\ to hire several smart lawyers WKDW WKH\ FRXOG KDYH LWV VH[\ GHIHQVHV
"They have so many smart lawyers there that WKH\ DUH WU\LQJ DOO NLQGV RI VWXPEOLQJ EORFN 7KDW ZH FDQQRW JHW WKH LQIRUPDWLRQ RQ KRZ PXFK WR WD[ WKHP 7KH\ ZLOO QRW JLYH WKH LQIRUPDWLRQ :H KDYH WR UHO\ RQ ZKDW WKH\ WHOO XV $QG WKH\ WHOOLQJ XV LV WKH UHYHQXH that they make is the same as the YHQGRU 7R PH LW¶V an insult to the Cebuanos," WKH PD\RU VDLG
:LWK WKLV 2VPHxD VDLG KH SODQV WR DVN WKH &LW\ &RXQFLO WR SDVV D UHVROXWLRQ DVNLQJ WKH &RPPLVVLRQ RQ (OHFWLRQV WR LQFOXGH LQ WKH HOHFWLRQV LQ the question to Cebuanos whether or not the city will close all branches of BDO LQ WKH FLW\
6R LI WKH SHRSOH ZRXOG VD\ WR FORVH WKHP , ZLOO FORVH WKHP IDVW 6R BDO will not be in cebu &LW\ DQ\PRUH KH VDLG DGGLQJ WKDW KH FDQQRW ¿JKW WKH ELJ FRPSDQ\ RQ KLV RZQ ²
Jean Marvette A. Demecillo/FPL