Examiners of the Philippine Deposit Insurance Corporation (PDIC) are suspicious of fake money claims on insured deposits of the closed Pilipino Rural Bank (PRBank) Tagbilaran Branch.
The careful evaluation of deposit claims has delayed the releases to depositors. Until all records have been examined and verified by PDIC, not all claims can be processed.
There is no definite date when the PDIC will be back to process the next batch of claims which covers deposits above P100,000, the PDIC personnel concluded.
