In a statement, the Seedin Technology Inc. reported to the SEC that its former president, Edison Tsai, is involved in a possible and apparent fraudulent act.
As of December 2022, SeedIn's platform has seen a total of P1.42 billion in funds raised for 296 projects.
However, SeedIn also informed SEC that it is investigating the matter and will provide more details in due time, aside from conducting a forensic audit to determine the extent of the possible fraud.
Esta historia es de la edición January 02, 2024 de The Philippine Star.
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Esta historia es de la edición January 02, 2024 de The Philippine Star.
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Biden warns Americans not to forget the Jan. 6 attack
President Joe Biden warned Americans not to forget the violent attack that took place at the Capitol four years ago, and he accused President-elect Donald Trump and his supporters of trying \"to rewrite even erase – the history of that day.\"
Bulaga!
CTALK
MARCOS ADMINISTRATION SETS UP 126 SPECIALTY CENTERS, WITH PHP26.3 BILLION BUDGET
The administration of President Ferdinand R. Marcos, Jr. has established 126 functional specialty centers across the country, with a total budget allocation amounting to PHP26.3 billion from 2022-2024.
Costly campaigns
Why do politicians devise all sorts of devious ways to get their dirty paws on public funds for their own use? Apart from the obvious reasons - plain greed, and because they can (they think) - there is the enormous cost of running for public office.
Making the gun ban work
The election gun ban is set to start on Jan. 12. People whose work calls for possession of firearms, such as military and police officers, may apply for exemptions from the gun ban from the Commission on Elections.
Critics Hit for Linking Sara's Removal from NSC to Politics
Malacañang yesterday lashed back at critics who linked the removal of administration ally-turned-arch critic Vice President Sara Duterte from the National Security Council (NSC), saying President Marcos must fully trust the people he listens to for advice.
Palace Concerned Over Presence of Chinese 'Monster Ship'
Malacañang yesterday expressed concern over the presence of what has been described as a Chinese \"monster ship\" off the province of Zambales, even as it gave assurance that the latest intrusion into the West Philippine Sea is continuously being challenged.
Palace: Inflation to remain 'very low'
Inflation is likely to remain \"very low\" this year, Malacañang said on Tuesday, vowing to enforce tougher measures against smugglers and hoarders of agricultural commodities.
Lawmaker condemns intensifying harassment amid impeachment moves vs VP
House Deputy Minority Leader and ACT Teachers Rep. France Castro condemned yesterday what she said were increasing death threats and harassment she has been receiving through text messages and phone calls, as the meeting of impeachment endorsers and complainants against Vice President Sara Duterte draws near.
NGCP compliant with nat'l gov't franchise tax laws - BIR
The Bureau of Internal Revenue (BIR) has affirmed that the National Grid Corp. of the Philippines (NGCP) - a privately owned firm tasked to operate, monitor and develop the government's power grid - has been fully compliant with its tax responsibilities.