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Monday, February 09, 2009 |
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Legacy piles up more raps |
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New BSP charges for falsification oflegal documents
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By Maricel E. Burgonio, Reporter
The Bangko Sentral ng Pilipinas (BSP) has filed a second wave of
charges against the rural banks under the Legacy group for
falsifying public and commercial documents.
In a statement, the central bank said it filed
the charges before the Department of Justice on Friday. These cases
involve 116 counts of falsification of public and commercial
documents and two counts of false statements against 18 officers,
employees, and agents of four closed rural banks of the Legacy
group. They include the Rural Bank of Parañaque, Rural Bank of
DARBCI in South Cotabato, Rural Bank of San Jose in Batangas and
Bank of East Asia.
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O T H E R R E P O R T S
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HILLARY TO ADD PHILIPPINES TO ASIAN TOUR – MALACAÑANG
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The Philippines would be part of US Secretary of State Hillary
Clinton’s itinerary when she visits Asia, a Malacañang official
announced Sunday.
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Ransom, politics embolden kidnapping groups
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“It’s all about money.” Large amount of ransom payment has
fueled the notorious rebel group Abu Sayyaf’s activities and has
spawned a number of smaller kidnapping gangs in the Philippines, a
leading anti-crime crusader said.
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Boost pre-need trust funds–Mar
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Sen. Manuel “Mar” Roxas 2nd proposed on Sunday the increase of
pre-need firms’ trust-fund contributions from 5 percent to 70
percent—to help ensure that planholders could recover their
investments if the firms go bankrupt.
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PROFILE
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Yusoph Low-Key, Says Ex-Student
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The appointment of Marawi City Prosecutor Elias Yusoph as one of the
commissioners in the Commission on Elections (Comelec) caught
everyone by surprise—even the appointee’s friends from Mindanao.
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GMA’s 8-day trip ‘successful’
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President Gloria Arroyo arrived Sunday morning from an eight-day
“successful” trip to Europe, the Middle East and the United
States.
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Asia’s semiconductor industry reeling
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SINGAPORE: Charmaine Decena and her family had always dreamed of
buying their own apartment in Singapore, but they are now staring at
the possibility of returning to their hometown in the northern
Philippines.
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US Senate moves on bailout plan
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WASHINGTON, D.C.: The Senate late Saturday (Sunday in Manila)
wrapped up debate on a pared-down plan to pump at least $780 billion
into the troubled US economy, as President Barack Obama called for urgent action to stem rising
unemployment.
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FEATURE
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Student To Sue Over Crap
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LONDON: A British graduate student
was left “reeling” after his university threw out a bag of
lizard excrement he had spent seven years collecting in the
rainforests of the Philippines.
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