By NITZ ARANCONCorrespondent
THE United Coconut Planters Bank (UCPB) has sought the help of the Bangko Sentral ng Pilipinas, and the Department of Transportation (DOTR) so it could get back the over P32 million the Coast Guard seized at the Macabalan pier two Sundays ago.
UCPB lawyer Alvin Calingin said the UCPB head office was using “diplomacy” in the hope that the Coast Guard would return the money -- P32.890 million and US$88,490 -- seized from bank representatives on June 25.
But Calingin said UCPB was contemplating on bringing the Coast Guard to court unless it released the bank’s money.
He said UCPB may also move for a replevin, a legal procedure that would enable the petitioner to get back his seized property pending the outcome of a lawsuit.
Calingin said the UCPB head office sent representatives to the central bank and the transportation department that oversees the Coast Guard.
He said the bank’s top executives were still hopeful that UCPB can get back the money through a “diplomatic approach... aron wala nay daghan samok.”
Calingin said UCPB violated no law, and that the attempt of its representatives to bring the money to Cebu via a vessel at the Macabalan pier was “legitimate.”
If the “diplomatic approach” fails, Calingin said, UCPB would be forced to resort to legal action.
Authorities here refused to release the money even after a panel prosecutors dismissed the complaint for rebellion, money laundering, obstruction of justice and perjury against UCPB-Velez St. branch manager Ma. Cecilia Lim, operations officer Rolando Limbo Jr., tellers Rhodelle Nagac and Rolley Cervantes Estibor, and guards Leonilo Enterina and Reynaldo Puyos. Prosecutors said the Coast Guard’s complaint was “insufficient.” A regional court then ordered the Coast Guard to free five of the bankers and guards it detained for four days.
The Coast Guard here argued that it received no order to release the money.