World Bank to enlighten senators

By Fel V. Maragay and Joel E. Zurbano
WORLD Bank country director Bert Hofman yesterday offered to hold a technical briefing for the senators and afford them an insight into the bank’s investigation on the alleged rigging of bids for its road projects in the Philippines.

Justice panel summons officers of Legacy banks

A Department of Justice panel yesterday issued subpoenas against officials of several banks affiliated with the Legacy Group to answer the criminal complaints filed against them by the Bangko Sentral ng Pilipinas for alleged fraudulent loans.

Health campaign targets fast food

By Macon Ramos Araneta
WHILE boiling is the most com mon method of food preparation among Filipino household, the problem facing healthy lifestyle advocates is what is consumed outside the home— fast food that usually has saturated fats and oils.

Alabang prosecutor’s deals remain a secret

By Rey E. Requejo
A fact-finding committee yesterday failed to compel a bank executive to disclose details of the deposit account of State Prosecutor John Resado who is accused of receiving bribe to drop the drug charges against the “Alabang Boys.”

Budget official, general suspended

A Budget assistant secretary and an Army general have been placed under preventive suspension for the alleged overpricing of combat boots in 2004.

Oil deregulation law may be scrapped

The House of Representatives is considering taking another look into the oil deregulation law with an eye on scrapping it or abolishing provisions that work against consumers, according to Speaker Prospero Nograles.

Pension fund sues former exec, IBM

THE Government Service Insurance System filed criminal charges yesterday against a former GSIS official for his alleged role in the extension of a software use contract.