DOF urged: Return P107 billion in PDIC fundsCiting a Supreme Court (SC) decision that struck down the transfer, 1Sambayan said the P107.23 billion remitted to the BTr in January 2025 is not a government property but trust funds held for bank depositors, who are the rightful beneficial owners. PDIC’s P107.23 billion was transferred under the same provisions already declared void by the Supreme Court. The DOF and the National Treasury are therefore under a clear legal duty to return the funds without delay,” it said. “The P107.23 billion does not belong to the government. It added that the ruling has become final, placing the DOF and the Treasury under a clear legal obligation to immediately return the funds.

Source: Philippine Star January 04, 2026 16:32 UTC