MANILA, Philippines – In the wake of the money-laundering scandal involving $81 million from the Bangladesh Central Bank, the Bangko Sentral ng Pilipinas (BSP) declared that it is amenable to the lifting of the bank secrecy law. On the other hand, Bureau of Internal Revenue chief Kim Henares said that there should be transparency of bank accounts to the government for monitoring purposes.
(Eagle News Service Described by Jay Paul Carlos, Video Editing and Uploaded by Vince Alvin Villarin)