Supreme Court affirms graft conviction of ex-NABCOR official Lozada

The Supreme Court dismissed the appeal of Dennis G. Lozada, a former Technical Specialist of the National Agribusiness Corporation (NABCOR), and affirmed his conviction for violating Section 3(e) of Republic Act No. 3019 (Anti-Graft and Corrupt Practices Act). The Court found that he acted with gross inexcusable negligence when he signed disbursement vouchers and issued a memorandum that led to the release of PHP 4,850,000.00 to the Center for Mindoro Integrated Development Foundation, Inc. (CMIDFI).