Do read scaRRedcat’s latest commentary for UcanNews on the US$81-million, money-laundering scandal involving funds stolen from Bangladesh’s central bank via cyberheist.
As gambling lords and casino operators, and their bankers and remittance agents, blithely talked of personal turnovers of millions of dollars, Filipinos took to social media to express bewilderment and outrage.
Kim Wong, one of the country’s most powerful junket agents and among those charged with the money laundering of cyberheist proceeds, told a senator that it would be “an insult” to even inquire where his clients’ money comes from.
“Someone who gambles amounts as huge as this should be considered suspicious,” said Joaquin Astono on Twitter.
Poverty stalks more than a quarter of the country’s 100 million population; average monthly income is less than US$200.
“I can’t even make half a million pesos in a year of hard work and very little sleep, and I hear people dismiss half a billion pesos of gambling losses,” said Lorena Lopez, a call center agent.
The country’s Catholic bishops issued a statement decrying casinos “as a symbol of the reckless abandon with which many live their lives.”
He’s a touch, cocky guy, is Kim Wong. He told the Senate that if his friends were called in, they’d fill the chamber. Many politicians would be included. Politicians from almost ALL political parties. He’s been a big donor since Estrada’s time, Arroyo’s time and now, in the time of Tuwid Na Daan. He has friends from all the different senatorial lineups.
Please read the entire story HERE Latest news is Kim Wong has returned the funds. The only message we really get, is kung lulusot, lulusot. (If they can get away with it, they will.)
You can also read more about Wong here.
People wonder why it’s so hard to clean up corruption in this country. Every election shows us why.
We know that lords of jueteng (an illegal numbers game) subsidise election campaign expenses of many candidates. An earlier post here, #Jeueteng=Good Governance?, tackled Liberal Party standard-bearer Mar Roxas and running mate Leni Robredo cosying up to a Central Luzon clan known to head one of the country’s biggest illegal gambling network.