Rizal Commercial Banking Corporation
Philippine bank president goes on leave amid $81m dirty money investigation
Rizal Commercial Banking Corporation (RCBC) president Lorenzo Tan has gone on indefinite leave of absence on the heels of the government’s probe on the US$81 million in dirty money that slipped through the cracks of the local financial system with the bank’s branch in Jupiter Street, Makati as the gateway.
BB fund: Theft a blow to Philippine efforts to lure investors
The Philippines’ failure to address the loopholes in anti-money laundering safeguards could affect even foreign investments in the infrastructure space, a conduit for which is the Aquino administration’s flagship Public Private Partnership (PPP) program.
BB fund heist: RCBC manager, 4 others summoned by DOJ
Philippine justice department summons the branch manager of Rizal Commercial Banking Corporation to answer the criminal complaint filed against her and several others by the Anti-Money Laundering Council in connection with the $81 million stolen by hackers from the Bangladesh Bank.
Probes in Philippines / Banker in midst of heist controversy
Maia Santos-Deguito, manager of Rizal Commercial Banking Corporation's (RCBC) Jupiter Street branch in Makati City of the Philippines is feeling the heat of the allegation of laundering $81 million stolen from the US account of Bangladesh Bank.
Philippine bank president goes on leave amid $81m dirty money investigation
Rizal Commercial Banking Corporation (RCBC) president Lorenzo Tan has gone on indefinite leave of absence on the heels of the government’s probe on the US$81 million in dirty money that slipped through the cracks of the local financial system with the bank’s branch in Jupiter Street, Makati as the gateway.
BB fund: Theft a blow to Philippine efforts to lure investors
The Philippines’ failure to address the loopholes in anti-money laundering safeguards could affect even foreign investments in the infrastructure space, a conduit for which is the Aquino administration’s flagship Public Private Partnership (PPP) program.
BB fund heist: RCBC manager, 4 others summoned by DOJ
Philippine justice department summons the branch manager of Rizal Commercial Banking Corporation to answer the criminal complaint filed against her and several others by the Anti-Money Laundering Council in connection with the $81 million stolen by hackers from the Bangladesh Bank.
Banker in midst of heist controversy
Maia Santos-Deguito, manager of Rizal Commercial Banking Corporation's (RCBC) Jupiter Street branch in Makati City of the Philippines is feeling the heat of the allegation of laundering $81 million stolen from the US account of Bangladesh Bank.