Anakpawis party-list Rep. Crispin Beltran on Friday sought a congressional inquiry into why LandBank President Margarito Teves approved the "anomalous" transfer of the Government Service Insurance System (GSIS) funds from the government-owned LandBank to the privately owned Union Bank.
Beltran wants Teves to explain why he approved the transfer of funds to Union Bank, which ranked 16th in total assets, compared with LandBank, which ranked third.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.