Tuesday 23 October, 2018
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Not yet for decision: CA orders San Miguel, Indonesian fugitive Shadik Wahono to file memoranda over Citra theft case

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The Court of Appeals (CA) has withdrawn its earlier ruling which considered San Miguel Holdings Corporation’s petition (SMHC) that sought the revival of the qualified theft charges against its Indonesian partners already submitted for resolution.

In a two-page resolution, the CA instead gave respondents Shadik Wahono, Nadiya W. Stamboel, Fema Christina Piramide-Sayson and Alvin Bugtas until last week to file their memorandum.

Also, the CA gave petitioners SMHC and Citra Metro Manila Tollways Corporation (CMMTC) 30 days within which to file their own memorandum.

“Meanwhile, the resolution of this Court dated February 26, 2018, deeming this case submitted for decision, is hereby recalled,” the CA said in its two-page resolution.

Wahono and Stamboel were charged with qualified theft case before the Marikina City RTC for allegedly causing CMMTC, which was jointly owned then by the SMHC and Wahono, to make an unauthorized disbursement, which it then used to incorporate another company called Citra Central Expressway Corp. (CCEC).

The SMHC accused Wahono for the alleged unauthorized disbursement of P50 million in funds of CMMTC, where both SMHC and Wahono were both major shareholders.

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