Manila, July 10 -- The Sandiganbayan acquitted a Cebu barangay (village) treasurer on graft charges involving over PHP4 million in public funds.

In a July 7 ruling, however, the graft court said the decision does not affect the lower court's separate findings of guilt for malversation against former Barangay San Antonio, Cebu City treasurer Christopher Cacanindin.

In October 2024, the Cebu regional trial court found Cacanindin guilty of malversation and graft and sentenced him to up to 18 years for the first charge and up to eight years for the graft charge.

An audit by the Cebu City office of the Commission on Audit (COA) found that the accused incurred a cash shortage of PHP4.62 million arising from undeposited collections and unliq...