By: Doris Dumlao-Abadilla - Reporter / @philbizwatcher
Philippine Daily Inquirer / 12:25 AM April 18, 2017
The Supreme Court (SC) has put an end to all civil cases related to the dispute between DFNN Inc. and state-controlled Philippine Charity Sweepstakes Office (PCSO) over the “illegal” termination of a lotto equipment leasing deal.
This gives DFNN more legal muscle to press for the collection of P310 million in arbitral award from the PCSO.
In a resolution dated Feb. 20, 2017, the high court granted the PCSO’s move to withdraw a counter petition. The high court also ordered an entry of judgment, rendering the cases closed and terminated.
“The resolution of the instant case puts to rest all civil cases involving DFNN and PCSO in connection with the Equipment Lease Agreement (ELA) between them, all of which were decided in favor of DFNN,” the lotto service provider said in a disclosure to the Philippine Stock Exchange.
The disclosure pointed out, however, the SC resolution had no immediate effect until DFNN would be able to collect from PCSO.
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Lotto Results Today - PCSO
For April 23, 2017 Sunday
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Morning 11am: 08-24
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Suertres Lotto Luzon Vis-Min
Morning 11:00 am: 6-4-2
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Php: 4,500 per 10 peso play
Super 6/49 Nationwide Lotto
07-08-29-40-48-25
Current Jackpot: Php 23,274,576.00
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47-09-06-48-56-17
Current Jackpot: 50 million pesos
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