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On 5 June 2007, NSEL was approved as a Spot Exchange by Department of Consumer Affairs (DCA). National Spot Exchange Limited (NSEL), commenced live trading on October 15, 2008, and was the first commodity spot exchange of the country.
A dispute between senior members of the Iglesia ni Cristo (INC) in the Philippines occurred in July 2015. It was reported that the INC had expelled some of its ministers, along with high-profile members Felix Nathaniel "Angel" Manalo and Cristina "Tenny" Villanueva Manalo, the brother and mother of current INC Executive Minister Eduardo Manalo, respectively.
Marcos scandals – incidents of alleged corruption linked to Japanese Official Development Assistance to the Philippines during the Marcos' administration. 1986 Operation Big Bird, 1986 – the bungled plan of the Philippine Government to retrieve the unexplained wealth of the Marcos family in Swiss banks.
List of political scandals in the Philippines; 0–9. 2013 Senate of the Philippines funds controversy; 2016 Davao prison killings; 2022–2023 Philippine onion crisis;
The Priority Development Assistance Fund scam, also called the PDAF scam or the pork barrel scam, is a political scandal involving the alleged misuse by several members of the Congress of the Philippines of their Priority Development Assistance Fund (PDAF, popularly called "pork barrel"), a lump-sum discretionary fund granted to each member of Congress for spending on priority development ...
The Securities and Exchange Commission (SEC) filed criminal charges against Kapa-Community Ministry International and its executives, citing an investment scam. [7] [8] President Rodrigo Duterte was the first government official to announce the legal actions, doing so on June 8, 2019, when he ordered the National Bureau of Investigation (NBI) to shut down Kapa.
Cheating scandals, in particular, are the messes that break headlines and get the paparazzi talking. Of course, not every celebrity has been guilty of infidelity, but some of the biggest household ...
Napoles's business interests date back to the early 1990s. In 1993, she solicited for investments in a shipyard in Cebu, promising 5% interest on all investments.It was later discovered that the money was not invested in the shipyard: according to Col. Ariel Querubin, who was a friend of the Napoles family, the money they had invested in the shipyard was reportedly invested elsewhere, with ...