Checking the truth? Did Sen. Grace Poe recommend the Coco Levy Bill

It is more fun criticizing

Rizal Philippines
March 23, 2016

In the Pres debate held in Cebu, she denied she did.  However a post in social media which has been shared thousand times, showed Ms. Poe to be less than truthful.

From Pinoy Trending - SGP draws flak on statement on Coco Levy Fund bill

"Hindi ako pumirma sa CoCo Levy Bill."  SGP  Forged marahil ang pirma sa nakapicture.   Simpleng mga slips po.  Hindi dapat magmula sa magiging pangulo

From Rappler checking the facts on Coco Levy Fund bill

He said, she said, who is telling the truth about the RCBC money laundering case?

It is more fun criticizing

Rizal Philippines
March 19, 2016

Maia Santos Deguito, the ertswhile manager of RCBC Jupiter went into an executive session with the Senate committee investigating the money laundering of Bangladesh CB heist.  She has been charged all ready in violation of the money laundering case;   the President Mr. Nestor Tan went into leave because of the fiasco.

Earlier, Ms. Deguito was explained by the HR of RCBC was asked to explain the circumstances behind the money laundering case and putting RCBC at risk.

All ready several points are adverse to Deguito:

1.  That the Jupiter CCTV was not working at the time of withdrawal;
2.  That loading of the 20 million pesos into the car:   Angela Torres a customer relations staff, alleged right hand of Deguito, claimed it was loaded into the car of William Go.  A bank exec, Romuado Agarrado said it was loaded into the car of  Deguito
3.  That she proceeded to have the withdrawals made, despite a stop payment order issued earlier during the day (9 am, the withdrawal was made until 11 of the same day)
4.  That she said that she would allow the withdrawal to be made rather than have her family members harmed.  She denied having said this at the Senate inquiry

RCBC Prexy denies knowledge of money laundering at RCBC Jupiter, branch manager got laundered money?

It is more fun criticizing

Rizal Philippines
March 18, 2019

From Philstar - De Guito got laundered money

The senate committee and RCBC Jupiter Branch Maia Deguito went into executive session where she promised to tell all. (She refused to answer questions in the open session)  It was alleged according to Customer Relations Head Romualdo Agarrado who said he and a certain messenger Torres loaded P20 million into the Lexus SUV of de Guito (wow she can afford that SUV) on Feb 5, on the day that $20 was deposited into the account of Go.  It was alleged that de Guito told Agarrado that she would rather do this than have her family killed.

A perjury charge will be made vs. right hand of de Guito Customer Relations Angela Torres who made in an affidavit that she saw the money being loaded into the car of William Go. She claimed that Deguito did nothing wrong.  She has since resigned after being grilled by auditors.  Agarrado claimed he never saw go in the branch. Deguito and Torres both came from East West bank where they used to work.   (Deguito and Torres have been dismissed by their employer

RCBC Legal Affairs and Regulatory Head Ma. Cecilia Fernandez Estavillo revealed that in the internal investigation that the signature on the cards and withdrawal slips and the opening of account of William Go were not certainly his.

What else is new?

What you should know about the Bangladesh Heist, involvement of RCBC and the AMLA law?

It is more fun criticizing

Rizal Philippines
March 16, 2016

                 RCBC manager - a person of interest in the Bangladesh CB heist money laundering


Hooray   It is the date of "discovery of the Philippines by Magellan in 1521"

And today, the Philippines is well known to the world because of being the center of one of biggest heist in banking history almost a hundred million dollars of about P4 billion pesos.  Name any hold up that could equal that amount.  Many also remark that it is true that thieves and robbers use laptops and ipads to rob a bank - no more guns, acetylene torch, dynamites, drills and tunneling.

The latest heist involve a hacking of the Bangladesh Central Bank account at the Federal Bank of New York using the interbank messaging system known as SWIFT (the equivalent of cable before)
This was wired to RCBC in Jupiter branch allegedly to the account of William Go, erstwhile owner of S & R (but claims his signature at the bank was forged) and five others - Another $850 was to be transferred had the heist not been discovered.  The money eventually found its way into the casinos and was made clean.Michael Cruz, Jessie Lagrosas, Alfred Vergara, Enrico Vasquez and Kam Sin Wong (Kim Wong). 

It is to be noted that the said mentioned bank has become stricter.   A relative who was to make a withdrawal in excess of the covered transaction was being asked a lot of question

Demilitarization of PNP - is it?

It is more fun criticizing

Rizal Philippines
March 15, 2016

The mention in a recent event of PNP of civilians vs the organic force means that PNP has not been demilitarized (civilianized) although its personnel are under Civil Service Commission matrix.  The fact is there is a Civilian Relations unit.

Therefore, the PNP would be expected to treat military tactics in dealing with its operations and handling crimes, and other activities, and look down upon "civilians" whom they are supposed to serve and protect.

The mentality, the mindset has to be changed.

From timawa - a Civilian PNP?

But many officers of PNP are PMAyers who are all drilled in the military ways.  PNP would be free of PMAyers by 2048 when all its officers are of the retirement age.   The PNPA it is suggested, should be also demilitarized.

From the Academia - the cycle of militarization, demilitarization and remilitarization in Phil. Society