Atty. Cesar Aguilar
SEC Opinion • Securities and Exchange Commission • Opinions • Mar 9, 1982
Full text
March 9, 1982 Atty. Cesar Aguilar Counsel Fortune Tobacco Corporation Parang, Marikina Metro Manila S ir : In connection with your letter-query of March 1, 1982 requesting opinion if this Commission has the original and exclusive jurisdiction to investigate and/or hear and decide a criminal case for estafa, defined and penalized by Art. 315, No. 2(b) of the Revised Penal Code, please be advised that as a rule, this Commission refrains from rendering opinion on justiciable issues. However, for purposes of general information only, we hereby inform you that under P.D. Nos. 902-A, 1653, 1758 and 1799, this Commission has no jurisdiction to investigate, hear and decide a criminal case for estafa defined in Art. 315, No. 2(b) of the Revised Penal Code. llcd Please be guided accordingly. Very truly yours, (SGD.) CORAZON I. MORANDO Director Corporate and Legal Department
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