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  • SC tells UnionBank: Explain withdrawals from late Ignacio Arroyo’s accounts

    SC tells UnionBank: Explain withdrawals from late Ignacio Arroyo’s accounts

    MANILA— The Supreme Court (SC) has upheld a lower court’s order requiring Union Bank of the Philippines (UnionBank) to explain withdrawals from the bank accounts of the late Ignacio T. Arroyo and submit related email exchanges as part of proceedings to settle his estate. In a decision penned by Associate Justice Henri Jean Paul B.…