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Na-teknikal! CA rejects Yasay’s bid to lift arrest warrants

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The Court of Appeals (CA) turned down the petition of former foreign affairs secretary Perfecto Yasay to lift the arrest warrant issued against him by a Manila court.

The CA issued a resolution dated Sept. 12 which affirmed its April 10 ruling which junked his petition.

Yasay is facing charges before Manila Regional Trial Court (RTC) Branch for violating banking laws.

The CA pointed out Yasay still had a pending two pending motions before the Manila court when he filed a petition for certiorari before the appellate court.

Yasay had filed on March 15 a motion seeking the lifting the arrest warrant against him and a March 26 motion seeking to quash the arrest warrant.

“The premature invocation of the intervention of the Court while said motions are still unresolved is fatal to the instant petition,” read the CA ruling.

“We are not unaware that jurisprudence recognizes certain exceptional situations when the extraordinary remedy of certiorari may be deemed proper despite the existence of a plain, speedy, and adequate remedy. The petitioners, however, have not shown that their case falls within ay of the exceptions recognized by law,” it pointed out.

Yasay alleged committed violations chairman over an alleged anomalous P350 million loans made by the long-closed Banco Filipino from 2003 to 2006 when was then Securities and Exchange Commission (SEC).

The loans allegedly was failed to be reported to the Bangko Sentral ng Pilipinas (BSP).

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