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                    [Summary] => That was foul and very deceiving: The filing of a complaint with the Ombudsman against former Social Security System Chairman Carlos ‘Chuckie’ Arellano and former Labor Secretary Bienvenido ‘Benny’ Laguesma by some eight officers of the SSS. And what was below the belt was the erroneous and deceptive anchor of the SSS officers’ complaint: That the purchase of PCIBank shares was overpriced. According to the records, SSS paid P290 per share for the controlling interest of the bank at a time when the market price was only P250 per share.
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AILA AND MAYA DULAY

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Below the belt

By JAYWALKER | By Art Borjal | September 3, 2001 - 12:00am

That was foul and very deceiving: The filing of a complaint with the Ombudsman against former Social Security System Chairman Carlos ‘Chuckie’ Arellano and former Labor Secretary Bienvenido ‘Benny’...

Opinion