
VP Team Drops 16 Bank Execs from Witness List in Impeachment Trial
The defense in Vice President Sara Duterte's impeachment trial has removed 16 executives from the Bank of the Philippine Islands (BPI) from its witness list. Prosecutors had hoped to question them regarding alleged dollar accounts.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Romualdez Cash Inflows Hard to Trace Amid Kickback Allegations
A financial investigator from the Anti-Money Laundering Council (AMLC) testified to a "huge disparity" between alleged kickbacks received by Leyte Rep. Martin Romualdez and the actual funds that entered his bank accounts, complicating the追跡 of illicit financial flows.
- Estrada received P213M 'commitment fees,' says ex-DPWH engineer
A former Department of Public Works and Highways (DPWH) engineer testified that P213 million in 'commitment fees' were given for projects allegedly involving Senator Jinggoy Estrada, revealed during a bail hearing for his plunder case.
- BSP Keeps Cap on Credit Card Finance Charges, Raises Installment and Cash Advance Fees
The Bangko Sentral ng Pilipinas (BSP) will maintain the current cap on finance charges for credit cards, aiming to protect consumers. However, fees for installment loans and cash advances will be increased, providing credit card issuers with additional revenue streams.
- Philippines: Investment Pledges Soar 83% to P628B in Q3
Investment pledges from Filipino and foreign investors in the Philippines surged by 83% to P628.19 billion in the third quarter, according to the Philippine Statistics Authority (PSA). Overseas investor commitments more than doubled, signaling growing economic recovery prospects.