Sara Duterte trial: 2 bank officials say encashment of large funds ‘unusual’
One bank official says that in her 32-year banking career, encashing P125 million for an agency — the OVP — was a first for her
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4 cash-filled bags: Bank exec’s testimony supports Madriaga’s story on confi funds
A bank official confirms seeing two Office of the Vice President officials put P125 million in cash inside four bags, complementing a claim made by Sara Duterte’s alleged bagman Ramil Madriaga on what happened on December 20, 2022
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Maharlika Fund: A top taxpayer with billions barely invested
Three years after its creation, the overwhelming majority of Maharlika’s capital still sits in banks collecting interest, though the sovereign wealth fund has cautiously started investing in ports, power, and mining
