Espenilla hits back at Ongpin

Posted at Jan 11 2013 04:28 PM | Updated as of Jan 12 2013 12:28 AM

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Bangko Sentral ng Pilipinas Deputy Governor Nestor Espenilla said Roberto Ongpin is persecuting him out when the dealmaker filed a graft complaint against him on Thursday.

In a statement, Espenilla's lawyer Augusto A. San Pedro, Jr. said Ongpin is trying to shift the blame for the freezing of his bank accounts.

Espenilla's lawyer said it was the Development Bank of the Philippines that filed the criminal complaints against Ongpin with the Ombudsman.

He added the anti-Money Laundering Council's resolution seeking to freeze Ongpin's accounts was a collegial decision, and not just of Espenilla's, who was acting chairman at the time.

In the complaint filed by Ongpin, he said Espenilla caused him undue injury when he signed the petition seeking the freeze which damaged his reputation and caused financial losses.

The Ombudsman and the Senate are investigating Ongpin for the allegedly behest loans he got from Development Bank of the Philippines.

Ongpin has denied the allegations, saying he'll also pursue the director of the Anti-Money Laundering Council, Vicente Aquino.

ANC News Now, January 11, 2013.