Duterte threatens to look into alleged past loans of Lopez group

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President Rodrigo Duterte launches a fresh tirade against the Lopez Holdings Corporation and threatens to look into its alleged debts to the state-owned Development Bank of the Philippines.

President Rodrigo Duterte on Tuesday launched a fresh tirade against the Lopez Holdings Corporation and has threatened to look into the Filipino conglomerate's alleged debts to the state-owned Development Bank of the Philippines.

Of the total, the bulk or ​₱​​​​​​710.86 million went to Maynilad Water Services Inc., while ₱591.81 million was received by Bayantel; ₱207.10 million by Central CATV Inc.'s and ₱157 million by Benpres Holdings, the report said, citing DBP's books. He also pinned the blame on and singled out the conglomerate as to why the DBP has suffered financial losses at that time, although an Inquirer report in 2017 said that more than 700 companies also had alleged unpaid obligations to the DBP.-rehabilitate,[Translation: After [the era of Ferdinand] Marcos, The DBP weakened. That was why it took DBP some time to be rehabilitated.]

 

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Duterte slams Lopez group anew for past DBP loansPresident Rodrigo Duterte launches a fresh tirade against the Lopez family, warning he might 'start to dig' up information about how DBP loans obtained by their companies were written off. Style mo bulok, kagaya ka din ni marcos dupang, gusto mo din lang makuha ang abs...pagbayarin mo ng tax, pero kamusta yung mighty na binigyan mo ng amnesty...p presyo pa more dugong Here we go again... Pero yung nakaw ng mga Marcos kinalimutan na. 🤔
Source: rapplerdotcom - 🏆 4. / 86 Read more »

Duterte threatens to dig into Lopez firms’ alleged unpaid debtsMANILA, Philippines—President Rodrigo Duterte on Tuesday threatened to "dig" into the Lopez family&039;s alleged "unpaid debts" with the state-owned Development Bank of DJEsguerraINQ Go ahead, sir. Para lumabas ang katotohanan - for or against the Lopezes. Puro ka daldal. 😏 DJEsguerraINQ Again, inane and empty words! Just do it!! DJEsguerraINQ Leche! Daming satsat sa mga Lopez, pero walang makabuluhang masabi sa korapsyon ng mga 'friends', measles/polio/dengue outbreak, swine flu, edsa trapik.
Source: inquirerdotnet - 🏆 3. / 86 Read more »

Duterte slams Lopez group anew for past DBP loansPresident Rodrigo Duterte launches a fresh tirade against the Lopez family, warning he might 'start to dig' up information about how DBP loans obtained by their companies were written off. Style mo bulok, kagaya ka din ni marcos dupang, gusto mo din lang makuha ang abs...pagbayarin mo ng tax, pero kamusta yung mighty na binigyan mo ng amnesty...p presyo pa more dugong Here we go again... Pero yung nakaw ng mga Marcos kinalimutan na. 🤔
Source: rapplerdotcom - 🏆 4. / 86 Read more »

Duterte threatens to dig into Lopez firms’ alleged unpaid debtsMANILA, Philippines—President Rodrigo Duterte on Tuesday threatened to "dig" into the Lopez family&039;s alleged "unpaid debts" with the state-owned Development Bank of DJEsguerraINQ Go ahead, sir. Para lumabas ang katotohanan - for or against the Lopezes. Puro ka daldal. 😏 DJEsguerraINQ Again, inane and empty words! Just do it!! DJEsguerraINQ Leche! Daming satsat sa mga Lopez, pero walang makabuluhang masabi sa korapsyon ng mga 'friends', measles/polio/dengue outbreak, swine flu, edsa trapik.
Source: inquirerdotnet - 🏆 3. / 86 Read more »

Duterte expresses exasperation for alleged recycling of seized drugsPresident Duterte did not mince words about policemen who allegedly recycle and sell confiscated illegal drugs, saying they should be killed.
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Duterte orders total BuCor revamp due to corruptionPresident Rodrigo Duterte ordered the total revamp at the Bureau of Corrections due to the alleged corruption at the national penitentiary. | NCorralesINQ
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