Court of Appeals (CA) Orders Immediate Release of FNI Chairman Joseph Sy

Global Ferronickel Holdings, Inc. (FNI) informs the Exchange that the legal representatives of Mr. Joseph C. Sy, chairman of Global Ferronickel Holdings, Inc. (FNI) have received a copy of the Resolution of the Court of Appeals (CA) in relation to the habeas corpus proceedings.

The CA, in its Resolution, ordered the officials of the Bureau of Immigration (BI) and/or any custodian of Mr. Sy “To immediately release Joseph Cue Sy from detention, under pain of contempt, and to notify the Court of their action within five (5) days from receipt of the Resolution.”

This clear directive from the CA not only reinforces the earlier Decision of the Regional Trial Court of Taguig City affirming Mr. Sy’s Filipino citizenship and declaring that the BI has no jurisdiction to detain him, but also supports the long-standing legal presumption in favor of his Filipino citizenship.