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Senator-elect Win Gatchalian indicted over P780-million bank deal

June 1, 2016 | 11:35am
Location: QUEZON CITY
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Senator-elect Win Gatchalian indicted over P780-million bank deal

The Office of the Ombudsman announces that it has found probable cause to charge former Local Water Utilities Administration official Prospero Pichay and corporate executives of the WELLEX Group Inc., which include now Senator-elect Sherwin Gatchalian in connection with the anomalous acquisition of Express Savings Bank Inc.,  local thrift bank owned by the Gatchalian family, in 2009.

 

View full article here.

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