President Rodrigo Duterte used to hate oligarchs, especially those who plunder the country's resources, break laws to exploit labor, and bribe officials to avoid paying taxes.
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Russian President Vladimir Putin on Tuesday joked that he was "offended" the US Treasury had not included his name in a list of officials and business leaders eligible for sanctions.
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President Rodrigo Duterte vowed to go after oligarchs who would give him bad name for oppressing the people with their failure to follow the laws or evade taxes or abuse lease contracts because of fears under his watch.
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Duterte inaming kandidato ng komunista, hindi ng oligarchs
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President Rodrigo Duterte vowed on Thursday (August 4) to destroy mighty oligarchs who are clinging to power through their political connections and wealthy corporations, which operate mostly by taking undue advantage of the environment.