LBC faces P1.8 billion lawsuit
‘King of Padala’ slapped wiht P1.8 billion claim By Ted Alcuitas THE LBC courier group led by the Araneta family is grappling with a P1.8-billion claim filed by the state-owned Philippine Deposit Insurance Corp. (PDIC) on behalf of defunct banking affiliate LBC Development Bank, according to the Philippine Daily Inquirer.(PDI) The carrier, which bills itself
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