Gå ubegrenset med Magzter GOLD

Gå ubegrenset med Magzter GOLD

Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare

$149.99
 
$74.99/År

Prøve GULL - Gratis

City Council asks Congress to amend bank secrecy law

The Freeman

|

September 18, 2025

The Cebu City Council is once again urging higher authorities to amend the Bank Secrecy Law by introducing an exemption for elected local officials.

This proposed change aims to strengthen efforts toward full transparency and accountability in public service.

In its recent regular session, the Cebu City Council approved Councilor Pastor Alcover’s call for House and the Senate to amend Republic Act 1405, or The Bank Secrecy Law, allowing lawful investigators, such as the Ombudsman, Commission on Audit, and other authorized anti-corruption bodies, access to the bank records of public officials under investigation for graft, plunder, or unexplained wealth.

Alcover also supported the earlier call of Councilor Sisinio Andales on the creation of a Local Integrity and Lifestyle Audit Body, which is an institutional mechanism to scrutinize the lifestyle of all elected officials of Cebu City against their declared assets, liabilities, and net worth (SALN).

The move was made after Alcover delivered a privilege speech in a recent session of the council.

Alcover’s speech raised the relevance of public accountability, to which he added, strikes at the very core of governance—the conflict with the Bank Secrecy Law.

FLERE HISTORIER FRA The Freeman

The Freeman

AC Health acquires Cebu Velez General Hospital

AC Health recently announced that it has entered a strategic partnership with Cebu Velez General Hospital (CVGH) to help usher the trusted hospital into its next phase of growth.

time to read

2 mins

September 22, 2025

The Freeman

Infrastructure overhaul improves conditions for patients, medical personnel in Cebu

It is said that the best kind of care is the one that does not discriminate.

time to read

3 mins

September 22, 2025

The Freeman

Exporters lower target for 2025

The country's umbrella group of exporters has lowered its export projection for this year, citing the impact of the 19-percent tariff imposed by the United States on shipments coming from the Philippines.

time to read

1 min

September 22, 2025

The Freeman

Phl ocean economy hits P1 trillion in 2024

The value of the country's ocean-based industries hit the P1 trillion mark last year, driven by improved exports and shipping activities.

time to read

1 mins

September 22, 2025

The Freeman

Cebu hosts talks on national heritage conservation framework

As the Philippines confronts mounting threats to its architectural heritage—from unchecked development to fading collective memory—a national effort to define how the country preserves its built legacy took center stage in Cebu.

time to read

1 mins

September 22, 2025

The Freeman

Thousands join protest

\"This is a fight for justice, a fight for genuine change, and a fight for the ordinary people who deserve to be heard. it is time to end the dynasty that has ruled like a saw, cutting through generations. Corruption must end—not only in flood control projects but in all sectors of government,\" said Jaime Paglinawan, Bayan chairperson at the Fuente Osmeña rally.

time to read

2 mins

September 22, 2025

The Freeman

'TRILLION PESO MARCH' Massive crowd turns up in white on EDSA

A massive crowd of thousands marched to the People Power Monument on Sunday, September 21, in a show of interfaith and multisectoral unity against the country’s biggest corruption scandal in decades.

time to read

2 mins

September 22, 2025

The Freeman

Two fires leave over 300 homeless

Two separate fires broke out in residential areas in Barangays Lahug and Inayawan, Cebu City, yesterday, September 21, displacing more than 300 individuals.

time to read

1 min

September 22, 2025

The Freeman

Rioters torch truck, clash with police on Ayala Bridge amid Sept. 21 rallies

Rioters clashed with police and set a trailer truck on fire on Ayala Bridge in Manila on Sunday, September 21, the same day that anti-corruption protests drew thousands to Rizal Park in Manila and the People Power Monument on EDSA in Quezon City.

time to read

1 min

September 22, 2025

The Freeman

We are meant to give and share

But why is our life a shared life? Firstly, because that’s how we are made, how we have been hardwired.

time to read

1 min

September 22, 2025

Listen

Translate

Share

-
+

Change font size