Topic: sec

SEC demands truth in probe on P700-million stock theft

SEC demands truth in probe on P700-million stock theft

ABS-CBN News
Updated as of Nov 08 04:12 PM

The investigation being conducted by the Capital Markets Integrity Corporation (CMIC) should provide clarity on how the transactions that nearly “wiped out” the position of R&L Investments “slipped past multiple control measures,” the SEC said in a statement.  Read more »

Rights group refutes PH govt’s claim to UN chief

Rights group refutes PH govt’s claim to UN chief

Mike Navallo, ABS-CBN News
Posted at Sep 24 12:48 PM

Rights group Karapatan on Tuesday refuted the Philippine government’s claim to the United Nations (UN) chief that it is operating unlawfully and that its reports on the human rights situation in the country are “unsubstantiated.” Read more »

Gov't warns vs Kapa 'scam' revival

Gov't warns vs Kapa 'scam' revival

ABS-CBN News
Posted at Sep 16 02:54 PM

The Securities and Exchange Commission on Monday sounded the alarm against the resurgence of an alleged investment scam by religious group Kapa Community Ministry International.  Read more »

Labor chief explains Duterte veto of Security of Tenure bill

Labor chief explains Duterte veto of Security of Tenure bill

ABS-CBN News
Posted at Jul 29 04:35 PM

The Department of Labor and Employment clarifies President Rodrigo Duterte's veto of the security of tenure bill. Labor Secretary Silvestre Bello III says that the President's opposition was focused on the definition of labor-only contracting and that labor officials were instructed to revisit the provision to balance the interest of workers and businessmen. Read more »

Upclose and personal with Transport Sec. Art Tugade, Mayor Isko’s former boss

Upclose and personal with Transport Sec. Art Tugade, Mayor Isko’s former boss

Rafael A. S. G. Ongpin
Updated as of Jul 15 08:01 PM

If Manila Mayor Isko is now known as an action man who delivers quick results, he might have taken notes on how his former boss, now Transportation Secretary Art Tugade, approached a job. If you’ve only heard of Sec. Tugade after last week’s viral hug, here’s a 2018 interview that reveals a lot about the man and his work. Read more »

SC junks Kapa donors' petition vs SEC-ordered closure

SC junks Kapa donors' petition vs SEC-ordered closure

Mike Navallo, ABS-CBN News
Posted at Jul 02 07:19 PM

MANILA – The Supreme Court en banc on Tuesday junked outright the petition filed by a group of donors of Kapa-Community Ministry International against President Rodrigo Duterte, the head of the Securities and Exchange Commission (SEC) and other government agencies over the closure of the group’s operations, SCPIO chief Brian Keith Hosaka confirmed. Read more »

Justice chief warns Kapa of warrantless arrest

Justice chief warns Kapa of warrantless arrest

Mike Navallo, ABS-CBN News
Updated as of Jul 02 09:28 PM

Justice Secretary Menardo Guevarra on Tuesday warned Kapa-Community Ministry International (Kapa Ministry) officials and members that they could face arrest without a warrant if they continue to offer and sell investments without the required license.   Read more »

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