Tag: oligarchs

President Duterte lashes out at country’s “oligarchs;” Calls them his “enemies”

(Eagle News) — President Rodrigo Duterte lashed out at the people he called “oligarchs” of the country, saying they were his “enemies” who had “nothing else to do but sit and use their influences.” Speaking to around 7500 Filipinos at the Lusail Sports Arena in Qatar on Saturday, Duterte said based on information he received, for instance, the owner of Inquirer purchased a piece of land from the government in Makati under a “sweetheart deal.” […]

Ongpin resigns after being identified by President Duterte

QUEZON City, Philippines – Business magnate Roberto Ongpin resigned as chairman and director of gaming firm Philweb Corporation after being identified by President Rodrigo Duterte as one of the oligarchs behind online gaming. After Duterte’s speech, Philweb’s shares fell down by 36.88% . Ongpin’s resignation is effective immediately. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Jericho Morales, Uploaded by MRFaith Bonalos)