May 11, 1999
BSP CIRCULAR LETTER
| TO | : | All Commercial Banks And Thrift Banks |
| SUBJECT | : | Order Freezing the Assets of EUROCOM INTERNATIONAL MANAGEMENT, INC. (EUROCOM BUSINESS CENTER, INC.) |
As requested by Chairman Perfecto R. Yasay, Jr., of the Securities and Exchange Commission (SEC), we are furnishing you, for your reference and guidance, a copy of his letter dated April 14, 1999, seeking assistance in the implementation of a SEC Order freezing the assets of EUROCOM INTERNATIONAL MANAGEMENT, INC. (EUROCOM BUSINESS CENTER, INC.) by informing trustee/depository banks of said corporation to disallow any and all withdrawals of any assets of said corporation in their custody. LLphil
(SGD.) GABRIEL C. SINGSON
Governor
Prosecution and Enforcement Department
April 14, 1999
The GOVERNOR
Bangko Sentral ng Pilipinas
City of Manila
Dear Governor :
On April 13, 1999, this Commission issued an Order FREEZING the assets of EUROCOM INTERNATIONAL MANAGEMENT INC. (EUROCOM BUSINESS CENTER, INC.).
In this regard we would like to request your assistance for the implementation of the same by informing trustee/depository banks of said corporation to disallow any and all withdrawals of any assets of said corporation in their...
