In no uncertain terms, the state-controlled Land Bank of the Philippines debunked any irregularities regarding the release of millions of pesos meant to fund flood control projects, which were instead allegedly pocketed by private and public, elected and appointed, individuals.
As a significant period of my journalistic journey concentrated on covering the banking and finance beat, including the financial market, I, just like Senator “Kiko” Francis Pangilinan, too, wonder how such a large amount of money can be withdrawn from a mere bank branch.
It's
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