Philippines Banking System In Trouble
If you’re wondering why suddenly MSBs in the US and UK are wary of Philippines, it is because of what happened in Bangladesh. The US$ 81 Million that was stolen in a cyber heist is being traced back to the Philippines banking system and investigators are uncovering more collusion with people on ground in the PH banking system.
MANILA — Can a multimillion-dollar dirty money transaction be orchestrated by the manager of an ordinary bank branch? Rizal Commercial Banking Corp.,
This page was last updated on March 29, 2016.