Two recent recantations involving alleged deliveries of luggage containing tens of millions of pesos to key government officials should raise more questions than they settle. The former soldiers who supposedly witnessed or participated in the deliveries have now withdrawn their testimonies, claiming that Senator Rodante Marcoleta and former Congressman Michael Defensor contrived the stories and attributed these to them. This is not merely another political sideshow. …
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The Market Monitor Minding the Nation's Business