(Eagle News)–Former Foreign Affairs Secretary Perfecto Yasay Jr. on Tuesday, Aug. 27, denied any wrongdoing in what prosecutors said was Banco Filipino Savings & Mortgage Bank’s failure to report P350 million in loans to Tierrasud Inc. between 2001 to 2009. In an interview over ANC, Yasay said he was “just” a director of the now-defunct bank and was only “tasked and hired to sit down with high officials of the (Bangko Sentral ng Pilipinas) to […]
Tag: banking laws
Former Foreign Affairs Secretary Yasay arrested for alleged violation of banking laws
(Eagle News)–Former Foreign Affairs Secretary Perfecto Yasay Jr. was arrested on Thursday, Aug. 22, for allegedly violating banking laws. In a statement, the Manila Police District said Yasay was arrested in his house in Barangay Poblacion, Makati around 3 p.m. by virtue of a warrant of arrest issued by Manila Regional Trial Court Branch 10 Judge Danilo Leyva. The MPD said Atty. Jonn Irvin Velasques, a representative of the Bangko Sentral ng Pilipinas, appeared before […]





