RCBC President Lorenzo Tan files suit against Deguito

MANILA, Philippines – Rizal Commercial Banking Corporation President Lorenzo Tan filed criminal and civil complaints against Maya Santos Deguito due to the latter’s statements alleging Tan as the mastermind behind the $ 81 M money-laundering scheme. Tan filed charges of libel and false testimony against Deguito, adding that her statements were damaging to his reputation as a banker.

(Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter Magno, Uploaded by MRFaith Bonalos)