It ensured that the scarce US Dollars flowing through the underground economy were directed toward vital industries (like fuel and food) rather than luxury imports or capital flight. The Scandal and Controversy
When a multimillion-peso lending scam collapses or a warehouse full of smuggled goods is raided, authorities always end up with one handcuffed individual. Based on court records and insider accounts, the typical "Binondo target" fits a specific profile: binondo scandal target
Without a named defendant, the "target" becomes a ghost—and in Chinese-Filipino folklore, a ghost is the hardest enemy to fight. It ensured that the scarce US Dollars flowing