Tag: bangladesh

Money laundering joins list of crimes that flourished under Noynoy Aquino government

March 18, 2016 Ilda 11 Comments

It looks like Philippine President Benigno Simeon Aquino is going out with a bang. Less than two months before the next Presidential Elections, an audacious cyber heist incident has sent shock waves around the world. If not for its sheer brazenness, that it involved a tiny Third World Catholic country like the Philippines makes this…

Crime, Government

Entrenched thievery: The Philippines remains home to institutionalised money laundering

March 18, 2016March 18, 2016 benign0 7 Comments

In an era that has seen the demise in just a couple of decades of the legendary secrecy that shrouded Swiss banking and the shadowy transactions of its princely clients, the Philippines stubbornly persists as a blight to global banking transparency thanks to its infamously outdated bank secrecy laws. Certainly it comes as no surprise…

Crime

In order for Filipinos to change, they need to feel disgust for their shameful ways

July 10, 2014 benign0 23 Comments

I have often asserted that Filipinos are a people who are primarily driven by hiya (shame). Unmoved by any calls to higher purpose or noble pursuit, Filipinos continue to do the same thing over and over again while expecting different results. As such I remain convinced that any political solution pitched as a “cure” to…

Civics, Culture, Lifestyle, Society