We beg to differ.
One nearly forgotten chapter of Martial Law history was revived with the recent death of a controversial figure of the time: Steve Psinakis, one of the leaders of a terrorist group called the Light-A-Fire Movement. It was a group of upper class people who decided that violence was the solution against Martial Law abuse, and…
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…
Read More “Money laundering joins list of crimes that flourished under Noynoy Aquino government” »
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clients, the Philippines stubbornly persists as a blight to global banking transparency thanks to its infamously outdated bank secrecy laws.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…