Telus dating

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Lopez allegedly directed the issuance of a manager's check to an individual, a "red flag" because such checks are issued only to corporate clients, said Norman Aguirre, the NBI agent on case.

"There were irregularities in the documents itself, indicating falsification such as different fonts, dubious signatures," Aguirre said.

The bank's admission came after the Philippine Daily Inquirer reported the case.

"The biggest loss on this is the integrity of the banking system and the internal control system of the bank," said NBI spokesman Ferdinand Lavin, adding authorities were "doing everything" to safeguard the industry.

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This was the peso's fifth straight session of gains and its longest winning streak since November when it gained for seven straight sessions.

Last month, Bank of the Philippine Islands' digital channels were paralyzed for 2 days due to what it said was an "internal error." The country's largest lender, BDO Unibank, later admitted that 7 of its ATMs were "compromised" in a "skimming" attack that allowed unauthorized transactions.

MANILA - (UPDATE) The Philippine peso continued to strengthen versus the US dollar and even touched the P49 level in midtrade before closing at P50.04 to the greenback on Wednesday.

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