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Nation

Business alarmed by palace bribery

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October 18, 2007 | 5:05pm

The Business Community is alarmed by the reports of bribery that happened in Malacañang,  a respected stock market and financial analyst said.

"Business leaders and investors are alarmed that it happened right at the seat of power," Astro del Castillo said during a new forum in Quezon City.

He said his office ha received a delug of inquiries from foreign investor-clients on what really happened.

The palace is facing issues of bribery after two governors and a congressman admitted they received cash gifts while attending a meeting last week. Jess Diaz

ALARMED

ASTRO

BRIBERY

BUSINESS

BUSINESS COMMUNITY

HAPPENED

JESS DIAZ

MALACA

QUEZON CITY

RECEIVED
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