MANILA, Philippines — The House committee on good government and public accountability will resume on Feb. 17 its investigation into the alleged condonation by the Development Bank of the Philippines (DBP) of loans made by companies controlled or affiliated with the Lopez family.
Panel chair Michael Aglipay said the committee had suspended the hearing on the issue to allow DBP, the Lopez group of companies, and the Bangko Sentral ng Pilipinas (BSP) to produce missing documents.
He said the committee had agreed to give the resource persons up to one month, or until Feb. 18, to accomplish the requirements.
However, Aglipay said Speaker Lord Allan Velasco had instructed the panel…
Keep on reading: House to resume probe into alleged ‘condoned’ loans of Lopez firms from DBP