Former official (FO) is losing sleep over the millions he lost to EastWest Bank after its branch manager suddenly disappeared.

Former official wary of paperwork in quest to return money from EastWest BanK

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Former official (FO) is losing sleep over the millions he lost to EastWest Bank after its branch manager suddenly disappeared.

The bank’s assurance that it will return the missing deposit has done little to comfort FO because of the paperwork it will entail.

FO does not want to affix his signature on documents that could tip authorities off on his multi-million peso deposits for fear it will open a can of worms.

Despite not being a stranger to controversy, FO would rather not involve himself in trouble because of money.

Politiko’s source said a bank official (BO) diverted attention on the issue to FO even if another politiko (AP) also lost his money when the branch manager vanished from sight.

AP was reportedly furious that his bank account’s balance suddenly went down to zero.

Afraid of fueling AP’s wrath, BO is scrambling to find ways to make the return of his money as hassle free as possible, in contrast to FO.

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POLITIKO / Across the Nation

POLITIKO / Latest News

For buses’ benefit: 300K liters of fuel smuggled weekly from Bataan to NCR

By Nancy Carvajal

At least 300,000 liters of fuel is smuggled weekly from a shipyard in Mariveles, Bataan to garages of various bus companies in Metro Manila and nearby provinces, persons involved in transporting the product told the National Bureau of Investigation (NBI).

NBI Special Unit Action agent Melvin Escurel said individuals they have talked to claimed to be clueless about the smuggling of fuel.

“A witness said they just received instructions from ‘Jerome’ and ‘Eric’ to proceed to the Seafront Shipyard and wait for the barge that would fill up their tanker,’’ Escurel said.

Using a long hose, diesel is loaded into the tankers inside the shipyard from a barge anchored about 500 meters away from the dock.

The tankers are filled with fuel at least three times a week. They travel to the shipyard from a garage in Pasay City.

Escurel said four to five tankers deliver the fuel to the garages of various bus lines. One tanker, meanwhile, heads to Fairview, Quezon City to fill up a supposedly abandoned tanker.

Based on witnesses’ testimonies, Escurel said the fuel smuggling scheme involving the Bataan shipyard appears to be well organized.



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We are a social news blog where politikos, their kin, friends and allies are the center of the universe. We write about their words and deeds, likes and dislikes, dreams and fears. We are here to entertain, provoke and hopefully inform you along the way.