Story perspectives
Court Orders Release of Ferronickel Chairman, BI Faces Contempt
9/26/2025
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Story summary
- Court of Appeals (CA) ordered release of Global Ferronickel Holdings, Inc. Chairman Joseph C. Sy.
- Bureau of Immigration (BI) must comply within five days or face contempt.
- CA directive backs the RTC ruling on Sy's Filipino citizenship, and the BI appealed.
- Sy was detained on August 21 for allegedly fraudulent documents; detention was deemed unlawful, and FNI shares rose 3.73%.
