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WHAT WENT BEFORE: DBP’s P660M grant in alleged behest loans

The Development Bank of the Philippines (DBP) filed in August 2011 a criminal complaint of graft and violation of banking laws against 25 past and current officers, and three private persons in connection with the grant of P660 million in alleged behest loans during the Arroyo’s administration.   The complaint filed in the Office of [...]

Posted: August 2nd, 2013 in Editors' Picks,Headlines,Nation | Read More »

Ongpin, Inquirer chief ed cleared

The Makati Prosecutor’s Office has dismissed the libel complaint of lawyer Zenaida Ongkiko-Acorda against businessman Roberto V. Ongpin and INQUIRER editor in chief Letty Jimenez-Magsanoc over two paid advertisements that the businessman had published in the INQUIRER in August 2011.

Posted: July 28th, 2013 in Editors' Picks,Headlines,Nation | Read More »

Ongpin: Chiz Escudero and Heart Evangelista are my dear friends

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I arrived yesterday (Thursday) from a monthlong business trip to several cities in Europe and was flabbergasted to read Mr. Ramon Tulfo’s column in which he made totally untrue statements about me. Why anyone would drag my name into such a silly affair will always be a mystery to me.

Posted: March 23rd, 2013 in Editors' Picks,Headlines,Nation | Read More »

Lawmakers slam Ongpin for historical revisionism

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Lawmakers on Monday slammed former Trade Minister Roberto V. Ongpin for his purported attempt to rewrite Philippine history and paint the dictator Ferdinand Marcos, his family and his cronies in a better light.

Posted: February 26th, 2013 in Editors' Picks,Headlines,Nation | Read More »

US set 5 conditions to save Marcos

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FINAL MOMENTS President Ferdinand Marcos speaks from the Malacañang balcony after the dictator's inauguration in this Feb. 25, 1986, photo. With him are his wife, Imelda, and his son Bongbong in combat attire.
PHOTO CONTRIBUTED BY C. FERNANDEZ

As the nation hung on a knife-edge on Feb. 22, 1986, President Ferdinand Marcos signed a deal with an emissary of US President Ronald Reagan to keep him in power that included removing his wife, Imelda, and loyal security chief Gen. Fabian Ver, former Trade Minister Roberto V. Ongpin said in an interview with the Inquirer last week.

Posted: February 25th, 2013 in Editors' Picks,Featured Gallery,Headlines,Nation,Photos & Videos | Read More »

What Went Before: Binondo Central Bank

In July 1987, the government brought suit against Roberto V. Ongpin, trade minister in the government of the late dictator Ferdinand Marcos, accusing him of amassing some P1.65 million illegally through the so-called Binondo Central Bank (BCB), a group of major currency traders that was secretly organized in 1983 to provide dollars to importers, traders and large corporations needing to buy raw materials and services from abroad.

Posted: January 21st, 2012 in Editors' Picks,Headlines,Nation | Read More »

Osmeña’s evidence can’t establish insider trading, says Ongpin lawyer

Roberto V. Ongpin

A lawyer of former Trade Minister Roberto V. Ongpin refuted on Wednesday allegations of insider trading that cropped out in relation to the Senate probe of transactions conducted by the state-owned Development Bank of the Philippines (DBP) during the Arroyo administration.

Posted: December 9th, 2011 in Latest News Stories,Nation | Read More »

Ongpin sues top DBP officials for libel

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For portraying him as “greedy and dishonest,” businessman Roberto V. Ongpin on Thursday filed libel and graft charges against Development Bank of the Philippines chairman Jose Nuñez Jr. and president Francisco del Rosario. Ongpin accused the two DBP officials, along with their counsel, Zenaida Ongkiko-Acorda, and “certain other” board members of conspiring to malign him  [...]

Posted: September 30th, 2011 in Headlines,Nation | Read More »

Ongpin lawyer assails gov’t ‘witch-hunt’

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Roberto Ongpin

The lawyer of businessman Roberto V. Ongpin on Monday decried what he described as a continuing “witch-hunt” against his client in the decision of Malacañang to waive confidentiality rules and reveal to investigators details of a P660-million loan secured by Ongpin’s Deltaventure Resources Inc. from the Development Bank of the Philippines (DBP) in 2009. In [...]

Posted: September 27th, 2011 in Headlines,Nation | Read More »

Palace orders release of DBP loan papers

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The decision of Malacañang to have Development Bank of the Philippines (DBP)   make available to government investigators the documents pertaining to the controversial P660-million loan the bank extended to businessman Roberto V. Ongpin would speed up the probe of the case, Solicitor General Jose Anselmo Cadiz said Sunday. “As the party prosecuting the case, this [...]

Posted: September 26th, 2011 in Headlines,Nation | Read More »

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