Ex-Comelec chief Bautista controls 70% of LDBank deposits -- Sen. Escudero

Ganito pala kalaki ang mga pera at deposito ni Bautista sa LDB -- halos 70 percent ng assets ng bank at humigit kumulang sa 30 accounts, ayon kay Chiz.
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Deposits made under the 30 accounts controlled by resigned Commission on Elections (Comelec) chairman Andres Bautista made up 70 percent of Luzon Development Bank’s (LDB) money, Senator Francis “Chiz” Escudero revealed.

The Senate banks committee headed by Escudero will to continue its investiigation on Bautista’s alleged ill-gotten wealth.

“Ang Luzon Development Bank, hindi ganoon kalaking bangko pero hindi ko rin naman sila minamaliit. Ang katuwang assets nila humigit kumulang P5 billion,” Escudero said in an interview with Super Radyo dzBB.

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