Cart Before the Horse: City Hall’s Own Document Dump Shows Dumaguete’s ₱2.185-Billion Loan Was Approved by a Bank Before the Council Ever Authorized Negotiations
A loan applied for in February, certified in March, cleared by the central bank in April and approved by DBP on June 3 — six weeks before the Council voted on July 14 to let the mayor start negotiating. Read by date, City Hall’s own bundle proves the opposite of what it was submitted to prove.
