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DBP wrote off P1.6B in loans to Lopez group

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The Senate is currently investigating behest loans granted by the Development Bank of the Philippines (DBP), and so far the loans to former Trade Minister Roberto Ongpin are at the center of the sights of the investigators. I have been watching the hearings, waiting for the disclosure of the DBP loans granted—and written off—to the Lopez family. But every time the questioning heads in that direction, a senator related to the Lopezes steers the discussion in another direction.

Posted: November 7th, 2011 in Columnists,Columns,Inquirer Opinion | Read More »

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