The House banking committee chair said savings and loan (S&L) associations, more popularly known as “paluwagans,” should not be regulated like ordinary banks by the Bangko Sentral ng Pilipinas (BSP).
By Tetch Torres-Tupas
One of the lawyers of Janet Lim Napoles on Thursday clarified that there was never any offer on their part to return P2 billion or any amount to the government.
For all the screaming and carrying on, their neighbors thought they’d won the lottery. But it was a lumpy old sofa stuffed with $40,000 in cash that had three young roommates raising a ruckus.
A malfunctioning automated bank machine has dispensed $37,000 in cash to a man who requested $140.
By Joey A. Gabieta
Starting Tuesday, typhoon survivors here will finally be able to get cash from automated teller machines.