Posts by tag: 2007 Elections

12 years ago

Manny Pacquiao withdraws his money, instigates ‘mini bank run’

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Apparently upset that he was defeated in his congressional bid and that his ‘principals” in Manila has so far failed to reimburse him the 140 million pesos he supposedly spent in the elections, boxing hero Manny Pacquiao reportedly instigated what amounted to a mini bank run after he withdrew all his remaining money from three banks.

According to BusinessMirror, “Informed sources said Pacquiao withdrew all his money from a bank in General Santos City as he conducted a personal audit and found he spent more than P140 million in election-related expenses but was still trounced by his diminutive political opponent.”

Read the full story here.

12 years ago

Why elections are ‘like Christmas’ in Lanao Sur

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With Lanao del Sur communities plagued by poverty and short in social services, election season is considered paskuhan (Christmas season). Politicians money flows like rain, mainly to buy the votes of the residents. As if vote buying were not enough, the elections there, like elsewhere in the country, were chaotic. Related story: Elections, Lanao-style