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All of the Above


StartFragmentOf course Leni and the OVP will claim that Vic Hao Chin, Jr. is a legitimate businessman, having inherited his father's company Philippine Belt Manufacturing Corporation, which is said to be the country's "first industrial belting company and is now considered one of the largest producers of rubber belts in Southeast Asia."

Yet if this were true, why does Hao Chin have all these offshore accounts in the British Virgin Islands? Where big time syndicates, corrupt thieves and corporate tax evaders prefer to hide their stash. Well, he could be any of the above three. Worse, Hao Chin could be All of the Above.

An investigation by the BIR into Hao Chin's dealings is in order. Is he paying the right taxes? Why would one of Leni's top donor/financiers choose to bring his money there when he should be helping his own country by paying his dues?

There is a major reason why people go to the British Virgin Islands with all their money: To be invisible. No legitimate, honest to goodness businessman will bring their money there unless he/she is hiding something.

And by the looks of it, Hao Chin is definitely hiding something.

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Joke of the Day: Jesse Robredo once visited the Virgin Islands. Now it is known only as the Islands.


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