LANDBANK wishes to clarify that the Bank was dropped as a party respondent to the
just compensation case [CA-G.R. SP No. 180821, “Hacienda Luisita, Inc (HLI). vs.
Land Bank of the Philippines and DAR”] by the Court of Appeals (CA) in its decision
on April 30, 2024.
The latest CA decision on the case, dated April 25, 2025, ordering the payment of
P28.49 billion in just compensation to HLI is chargeable against the Agrarian Reform
Fund (ARF), which is owned by the National Government and administered by the
Department of Agrarian Reform (DAR). LANBANK’s designated role is as custodian
of the ARF, in charge of carrying out disbursement instructions by the DAR.
The CA decision is not yet final and executory. A Motion for Reconsideration was filed
by the DAR in May 2025 and is awaiting resolution. If sustained by the CA, DAR may
elevate the case to the Supreme Court (SC).
