BPI speaks up on Duterte controversy

'We are committed to protecting client information,' says BPI in the wake of leaked information about Duterte's supposed deposits in the bank

NO BREACH. BPI denies allegations that it violated bank secrecy law. Image by AFP ImageForum

MANILA, Philippines – Amid a call for bank run from the supporters of presidential candidate Davao City Mayor Rodrigo Duterte, the Bank of the Philippine Islands (BPI) spoke up and denied allegations that it has breached client confidentiality.

"Our internal investigation reveals that there has been no such breach," BPI said in a statement late Friday, April 29. (READ: 'We are not safe': Netizens threaten to close bank accounts for Duterte)

This was after vice presidential candidate Senator Antonio Trillanes IV showed a tablewith the supposed credit transactions of Duterte with BPI, involving about P211 million.

*Jose Teodoro Limcaoco, managing director and chief financial officer of Ayala Corporation, said BPI did not violate any laws. Ayala Corporation owns BPI

"I don't know where Sen. Trillanes got his information, but the graphic posted by the [Philippine Daily] Inquirer showing alleged credits, that is not a BPI document," Limcaoco, who used to serve as the president of BPI Family Savings Bank, said in a mobile phone reply.

In the fallout of the news, a viral post shared over 24,000 times, called for a bank run or closure of bank accounts, doubting the reliability of the bank.

ENCOURAGED CLOSURE. Post shared to 'Friends of Rodrigo Duterte' Facebook group by netizen Rosani Masau

The camp of Liberal Party (LP) standard-bearer Manuel Roxas II showed a photo of a bank receipt from BPI exposing the account Duterte and his daughter Sara. A bank receipt from PDI also showed the same results.

The camp of Liberal Party (LP) standard-bearer Manuel Roxas II showed a photo of a bank receipt from BPI exposing the account Duterte and his daughter Sara. A bank receipt from PDI also showed the same results.

A bank run is typically the result of panic, rather than a true insolvency on the part of the bank.

BPI said it continues to have one of the most highly regarded data protection practices in the industry.

"We are committed to protecting client information and preserving the trust bestowed on us by our clients all these years," BPI said. – Rappler.com

*Editor's Note: The previous story said Limcaoco is the president of BPI Family Savings Bank. Since March 1, 2015, Limcaoco has been serving as the managing director, chief finance officer, chief risk officer, chief sustainability officer and finance group head of holding company Ayala Corporation. The story has been corrected.

Source: RAPLER.com

Philippine Action Movie

Nakanood ka na ba ng Pinoy action movie? Eto ang ilang palatandaan na ang pinapanood mo ay bakbakang noypi.

- Umiikot ang istorya sa paghihiganti

-  Ni-rape ang kapatid ng bida o pinatay ang kamag-anak niya (nanay, tatay, ate, kuya, kinakapatid, kabiyak, syota, kulasisi, anak, pinsan, tiyo, tiya, lolo, lola, apo, apo sa tuhod, apo sa talampakan, ninuno)

- Isa sa mga eksena e babastusin ang bida, o ang syota nya, ng mga nag-iinumang istambay.

- Magkakagulo sa isang okasyon (kaarawan, kasal, binyag, burol).

- Hindi nakakaramdam ng sakit ang bida sa bakbakan, pero sisigaw ito at aaray pag ginagamot na ng leading lady ang mga sugat niya.

- Pag narinig mong tumawa ang isang character nang "bwahahahaha", automatic, kontrabida yon.

- Pag may gagawing masama, tumatawa ang kontrabida. Kahit habang nanggagahasa.

- Smoker at mabisyo lagi ang kontrabida.

- Mahilig sa leather jacket ang kontrabida. Kahit buwan ng Abril at tanghaling tapat.

- Ang structure ng mga kalaban: Ang Boss at ang kanyang "mga bata."

- Ang kuta ng mga kalaban e sa warehouse o malaking bahay.

- Lagi ding may eksena sa isang beer house.

- May seksing leading lady at may bed scene na pwedeng ikwento sa Abante.

- Pagkatapos ng nagbabagang bed scene ay mahinhin ulit ang leading lady.

- Marunong sa bakbakan ang babae, at kung isang lalake lang naman e kayang-kaya nitong patumbahin.

- Kung mako-corner ang bida, hindi ito papatayin, ikukulong lang at papahirapan, dahil lagi syang gustong mahuli nang buhay ng big boss.

- Pagdating sa big boss, papatayin din sya, pinatagal lang konti.

- Mag-uusap ang bida at ang mortal na kalaban habang nagtututukan ng baril... mahabang pag-uusap, parang balagtasan, tila baga mag-syotang nasa telepono.

- May malalakas na pagpapasabog kahit na hindi naman kailangan.

- Walang malalakas na pagpapasabog kahit na kailangan.

- Mura lang ang baril at pwede itong itapon kung wala nang bala.

- Makakapulot ang bida ng baril na may bala tuwing kinakailangan.

- Marunong at asintado sa baril ang leading lady kahit na hindi pa sya nakakahawak nito sa buong buhay nya.

- Kaya ng bida ang dalawampung tao sa bakbakan dahil hindi naman sila sumusugod nang sabay-sabay, laging isa-isa, parang nagsasayaw.

- Hindi tinatamaan ng bala ang bida kahit na tatlumpung tao ang bumabaril sa kanya, pero lahat sila tinatamaan nya.

- Tamaan man sya ng bala ay laging daplis lang... bawal sa ulo o sa puso.

- Siyam ang buhay ng bida.

- Doble pa nito ang buhay ng leading lady.

- Kung mamamatay man ang isa sa kanila e makakapagsalita pa ito ng isang page na script bago malagutan ng hininga.

- Pagkatapos pakinggan ang farewell speech, titingala ang naulila at isisigaw ang pangalan ng namatay.

- Pero hindi lubusang magiging ulila ang bida dahil kadalasan itong merong spare na partner.

- Huling darating ang maraming pulis at didiretso agad sila sa pag-aresto sa mga kalaban. Oo, parang may palatandaan sila kung sino ang mga kalaban... at wala silang pakialam sa bida, kahit na sangkot ito sa riot!