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MANILA, Philippines (AFP) — A Philippine gaming firm voluntarily halted trading Wednesday after President Rodrigo Duterte launched an attack on its chairman as part of a campaign against “oligarchs”. PhilWeb Corp’s chairman and chief executive Roberto Ongpin resigned last week, a day after newly elected President Duterte threatened to “destroy” him as part of a drive to curb the influence of wealthy residents over the government. “The Exchange approved the Company’s request for a voluntary […]
MANILA, Philippines (AFP) — The head of prominent Philippine online gaming firm Philweb Corp. resigned Thursday, a day after President Rodrigo Duterte threatened to “destroy” him and accused him of being an oligarch. Speaking to members of an election watchdog on Wednesday, Duterte called Ongpin an oligarch, saying the company’s chief got rich thanks to his close connections with four previous presidents, including the late dictator Ferdinand Marcos. Duterte, who has launched a controversial crackdown […]
Businessman Roberto Ongpin attended the Senate hearing regarding alleged anomalous deals with Alphaland and the Boys Scout of the Philippines (BSP).
The Department of Justice extended the deadline for business tycoon and former trade minister Roberto Ongpin to answer the earlier charges filed against him by a former employee for serious illegal detention, grave coercion and robbery. This was after he failed to attend yesterday’s preliminary investigation of the said cases. Ongpin’s counsel said that he was not able to attend the hearing and submit a counter-affidavit because he was abroad. If after this extension, Ongpin […]
