VOL. XXX NO. 40 3 Sections 32 Pages P18 MONday : MaRCH 21, 2016 www.thestandard.com.ph editorial@thestandard.com.ph
Rules spat causes delay
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betS baSH RivalS in 2nd tv debate By Christine F. Herrera, Macon Ramos-Araneta, Sandy Araneta and Rio N. Araja
THE gloves came off at the second presidential debate in Cebu Sunday, with the four candidates openly attacking each other over competence, nationality and allegations of corruption and extrajudicial killings. After a one-and-a-half hour delay over a disagreement about the rules, the debate at the University of the Philippines Visayas quickly turned into a venue for heated
arguments and personal attacks among the candidates. The heated exchanges were the result of a new debate format that allowed candidates to address
questions directly to their opponents, and also gave more time for rebuttals. When Senator Grace Poe asked Vice President Jejomar Binay why he never attended a session at the Senate to address the allegations of corruption against him, Binay attacked Poe’s nationalism, and asked her how she could call herself a true Filipino when she had taken an oath to be an American citizen and abjured her allegiance and fidelity to her country. Poe shot back, saying in Filipino: “If you stay in the country but
you plunder and steal, what’s the point?” Binay, who faces a plunder charge, said: “Madam senator, the way you speak, it’s as if I’ve already been convicted.” Poe retorted: “Why, was I talking about you? I’m not saying it’s you because I believe in due process.” In another exchange, Davao Mayor Rodrigo Duterte called administration candidate Manuel Roxas II “weak, indecisive” and a “moron” unfit to be president. He also called him a fraud and
once again questioned his having graduated from Wharton. Roxas said Wharton itself had written that he was a graduate for the school, and that Duterte was “dangerous” because once he had formed an idea, he would not consider anything else. “You’re closed-minded,” he said. “You do what you believe [is right even if it isn’t]. You could kill [a person].” Duterte replied: “That’s the problem with you. You are not capable of killing. You can’t be a leader.” Next page
Heated debate. This TV grab shows four of the five candidates for president facing off in the second television debate sponsored by the Commission on Elections at the University of the Philippines campus in Cebu on Sunday.
PH lauds plan to give US 5 bases
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Laundering scandal exposes weak system THE scandal over the laundering of $81 million stolen by hackers through the local banking system has exposed the Philippines as a dirty money haven. The funds, stolen from the Bangladesh central bank’s American accounts, were immediately sent via electronic transfer to the Rizal Commercial Banking Corp.,
with the thieves deliberately targeting their laundering location. The Philippines has some of the world’s strictest bank secrecy laws to protect account holders, while its casinos are exempt from rules altogether aimed at preventing money laundering. “The Philippines is very attractive [for dirty money] because our laws have
gaping holes. It’s easy to launder money here,” said Senator Sergio Osmena III, who is pushing for stronger anti-money laundering laws. Still, if the thieves were to get away with their audacious heist, the money had to be moved quickly through the banking system and into the casinos. And it did. Next page