Some proposals are being forwarded so as to nullify the hoard of cash that were delivered allegedly to house so top govt officials. It would be costly to CB (and also erase their income. CB makes a lot on bills printing) and bad for the majority of Filipinos and limited withdrawals instead.
But how would the crooks hide the money. They need to transfer them abroad and launder them and they will ge caught. It will be caught by local banks if deposited locally. There has to be other way of laundering this. (Hmmm so that is why many are looking for business plans for of acquaintances)
Some quarters are saying the good Governor is in cahoots now with the govt that appointed him.
