In a move to calm markets and boost confidence in the financial system, two economists from the University of the Philippines will serve as finance secretary and central bank governor under the incoming Marcos government. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno on Thursday,
The Bangko Sentral ng Pilipinas’ (BSP) next governor, Monetary Board member Felipe M. Medalla, did not expect his future appointment as BSP’s highest-ranking official. “As late as Monday (May 23), it was a zero probability event,” Medalla told Manila Bulletin when asked about the circumstances of t
The Bangko Sentral ng Pilipinas’ (BSP) next governor, Monetary Board member Felipe M. Medalla, did not expect his future appointment as BSP’s highest-ranking official. “As late as Monday (May 23), it was a zero probability event,” Medalla told Manila Bulletin when asked about the circumstances of t
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Liyel Imoke and Gov Ben Ayade
Former Governor of Cross River State, Senator Liyel Imoke has broken his silence on the allegation that he sold the governorship seat to Ben Ayade in 2015 after collecting N2 billion from the later.
Imoke, who addressed stakeholders and members on Sunday night at the Transcorp Hotel, Calabar, was visibly angry at the allegation which has been on since 2015, saying it was an insult for anybody to level such an accusation against him.
“I have watched this government even accuse me of collecting money. They said I collected money to put a governor in place. Can you imagine? What an insult? Did they have money for the election? But they said they gave me N2 billion.