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Roberto V. Ongpin: ‘Snake pit’ beckons

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THE MARCOS YEARS Trade Secretary Roberto Ongpin confers with President Marcos and First Lady Imelda Marcos in the “snake pit” called Malacañang to which he was conscripted in 1979.  INQUIRER PHOTO

When the phone rang one day in May 1979, he was not to know that he would be caught in one of the most tumultuous chapters in Philippine history.

Posted: February 24th, 2013 in Editors' Picks,Featured Gallery,Headlines,Nation,Photos & Videos | Read More »

Open records of Marcos’ spy agency, Enrile urges

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Senate President Juan Ponce Enrile. INQUIRER FILE PHOTO

Senate President Juan Ponce Enrile on Sunday urged the government to make public the records of the defunct National Intelligence and Security Authority (Nisa) because these would provide more interesting details about the Marcos dictatorship, including the so-called Binondo Central Bank.

Posted: December 12th, 2011 in Headlines,Nation | Read More »

In The Know: The Binondo Central Bank

Businessman Roberto Ongpin. INQUIRER file photo

The so-called Binondo Central Bank (BCB) referred to a group of major currency traders organized in November 1983 to provide badly needed dollars to importers, traders and large corporations that acquired raw materials and services from abroad.

Posted: December 12th, 2011 in Headlines,Nation | Read More »

Enrile: Manny Pangilinan not at fault in purchase of shares

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Senate President Juan Ponce Enrile. INQUIRER FILE PHOTO

Businessman Manuel Pangilinan may no longer be called by the Senate to explain his purchase of a bulk of Philex Mining shares since as a buyer, he cannot be held responsible for any insider trading that occurred within the company.

Posted: December 8th, 2011 in Headlines,Latest News Stories,Nation,Nation | Read More »

Senate to probe DBP loan to Bobby Ongpin

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Senator Sergio Osmeña III on Sunday said the pending complaint for graft and violations of banking laws against businessman Roberto “Bobby” V. Ongpin and several others before the Office of the Ombudsman would not prevent his committee from investigating the P660-million alleged “behest” loan granted to the former trade minister by the Development Bank of [...]

Posted: September 5th, 2011 in Latest News Stories,Nation | Read More »

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