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Showing 1–3 of 3 articles for “government loans”

Public Purpose in Government Loans to Private Entities: The Bawasanta Case

When can local governments lend public funds to private entities? The Supreme Court clarifies the public purpose rule in Bawasanta v. People.

Behest Loans and Due Diligence: Protecting Public Funds From Graft

Supreme Court ruling on when government loans become graft, and why due diligence and business judgment protect public officials.

Government Contracts and Procurement: Why Funding Rules and Indispensable Parties Matter

Philippine Supreme Court ruling on local government loans, procurement funding requirements, and the need to implead indispensable parties in taxpayer suits.