He said , she said: The RCBC money laundering scandal
The ongoing RCBC money laundering investigation has evidently become a topic of conversation from New York to Singapore…….That should come as no surprise given the magnitude of the crime, but unfortunately not many people here seem to have grasped yet just how damaging this is to the country. The sa...
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| Format: | text |
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Archīum Ateneo
2016
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| Online Access: | https://archium.ateneo.edu/gsb-pubs/39 https://archium.ateneo.edu/cgi/viewcontent.cgi?article=1038&context=gsb-pubs |
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| Institution: | Ateneo De Manila University |
| Summary: | The ongoing RCBC money laundering investigation has evidently become a topic of conversation from New York to Singapore…….That should come as no surprise given the magnitude of the crime, but unfortunately not many people here seem to have grasped yet just how damaging this is to the country. The sad reality is that the all-too-typical way this scandal is being addressed only serves to camouflage the relatively simple, broad facts of the case, and almost certainly won’t lead to the swift decisive solutions the country needs to implement to avoid becoming a financial pariah.” (Ben Kritz, Manila Times March 18, 2016) |
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