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Sen. Gatchalian faces charges for 2009 bank sale

Ombudsman Conchita Carpio Morales has ordered the filing of graft and corruption charges against former officials of the Local Water Utilities Administration and top executives of Wellex Group Inc., Forum Pacific Inc., and Express Savings Bank Inc. in connection with the alleged anomalous acquisition by the former of ESBI in 2009.

Top executives of the Information Technology-Business Processing Outsourcing industry have consolidated forces to support administration standard-bearer Manuel A. Roxas II to whom they attribute the setting up of the industry in the country that now employs 1.3 million Filipinos and generates $25 billion in revenues.

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