Legacy owner a ‘criminal genius’
Posted at 02/04/2009 4:07 PM | Updated as of 02/04/2009 4:07 PM
Such a genius is Celso de los Angeles that he bribed and paid off politicians with ‘time deposit certificates’ from Legacy Banks instead of the usual cash arrangement. Politicians didn’t mind as they earned 3 to 5% interest per month on supposed millions of pesos in deposit. Now that’s what de los Angeles meant when he said in congress he is very innovative and competitive.
Did Speaker Nograles declare his multimillion placements at Legacy in his SAL? ₱20 million is it according to de los Angeles. Smart of Celso to mention these for other congressmen to tow the line with him unless he mentions their names and deposits. Criminal talaga.
Jonting