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                    [Title] => Filipino bankers slam Singaporean partners
                    [Summary] => A group of Filipino investors in a foreign-controlled local bank slammed yesterday their Singaporean partners for allegedly depriving them of their rightful role in the decision-making process of their company in blatant violation of industry norms and banking laws.


At the same time, the Filipino bankers identified with a son of former Finance Secretary Edgardo Espiritu, charged that the Singaporean shareholders milked their bank "bone-dry" by sheer manipulation of its finances.


                    [DatePublished] => 2002-05-27 00:00:00
                    [ColumnID] => 133272
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LAWYER AVELINO SEBASTIAN JR.

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                    [ArticleID] => 162386
                    [Title] => Filipino bankers slam Singaporean partners
                    [Summary] => A group of Filipino investors in a foreign-controlled local bank slammed yesterday their Singaporean partners for allegedly depriving them of their rightful role in the decision-making process of their company in blatant violation of industry norms and banking laws.


At the same time, the Filipino bankers identified with a son of former Finance Secretary Edgardo Espiritu, charged that the Singaporean shareholders milked their bank "bone-dry" by sheer manipulation of its finances.


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abtest

Filipino bankers slam Singaporean partners

May 27, 2002 - 12:00am

A group of Filipino investors in a foreign-controlled local bank slammed yesterday their Singaporean partners for allegedly depriving them of their rightful role in the decision-making process of their company in...

Business