Akbayan Party-list Rep. Chel Diokno invoked a 2022 Supreme Court (SC) ruling to rebut Vice President Sara Duterte lawyer Michael Poa 's claim that seeking the banks and tax records of the respondent in her Senate impeachment trial was a "fishing expedition". According to Diokno, the particular...
The subpoena for Vice President Sara Duterte 's bank records, tax records, and Anti-Money Laundering Council (AMLC) reports will help unveil the impeachment trial respondent 's "true colors". Thus, said House prosecutor Akbayan Party-list Rep. Chel Diokno as he implored the Senate...
“If you were handed ₱1.26 billion in fresh capital today, where would it first go?” That was the question the Manila Bulletin asked Maharlika Investment Corp. (MIC), the country’s first sovereign wealth fund manager. Inside the MIC’s boardroom, a capital allocation of ₱1.26 billion is...
Why file plunder charges against Senator Rodante Marcoleta if the alleged P75 million came from private donors instead of public funds? The question has been repeatedly raised by netizens in the comment sections of news reports following the Ombudsman’s announcement that it was preparing to file...
Ombudsman Jesus Crispin “Boying” Remulla on Friday, June 26, vowed to recover “ill-gotten wealth” hidden in the United States, saying the country should no longer serve as a safe haven for assets unlawfully acquired from the Philippines. “We are here to make sure the US is no longer a...
The House prosecution panel has thumbed down a move to exclude records dated before 2022 as evidence in the upcoming impeachment trial of Vice President Sara Duterte. Bicol Saro Party-list Rep. Terry Ridon, one of the 11 public prosecutors from the House of Representatives, raised this matter...
BPI Wealth, the wealth management arm of Ayala-led Bank of the Philippine Islands, is launching peso-denominated share classes for two of its major global investment funds to capture retail interest in the artificial intelligence (AI) and technology rally currently driving United States (US) equity...
State-run Maharlika Investment Corp. (MIC), which manages the country ’s first sovereign wealth fund (SWF), has exited its bridge loan investment in Makilala Mining Co. Inc. (MMCI), generating an estimated 25-percent annualized return in peso terms while paving the way for additional foreign...
For 16 years, viewers have followed the journey of lottery winner "Pepito Manaloto", an ordinary man who went from struggling to make ends meet to becoming a millionaire navigating life’s unexpected twists. But according to show stars Michael V. and Manilyn Reynes, the enduring success of "Pepito...
State-run Maharlika Investment Corp. (MIC), which manages the country’s first sovereign wealth fund (SWF), grew its total comprehensive income by 2.3 percent to ₱2.74 billion last year from ₱2.68 billion in 2024 as business income rose despite higher expenses. Based on MIC’s latest...
Veteran lawyer Lorna Kapunan has identified two of the possible articles of impeachment against Vice President Sara Duterte as the most compelling out of handful of alleged impeachable offenses that have been laid out against the latter. She said these were the Anti-Money Laundering Council 's...
In one of the more contentious side topics of Vice President Sara Duterte’s impeachment hearings, the House Committee on Justice voted on Wednesday, April 29 not to open the sealed box of tax records submitted by the Bureau of Internal Revenue (BIR) containing the income tax returns of Vice...
