PH remittance firms wire over $1 billion in ‘suspicious’ money
September 21, 2020, Rappler.com Two Filipino remittance firms have sent more than $1 billion in “suspicious” funds to shell companies, while some of the country’s biggest banks helped facilitate the transactions for years without knowing where the money came from, a report by the Philippine Center for Investigative Journalism (PCIJ) revealed. Transactions made by Philrem…