Binondo Scandal Target !full! -

In August 2010, the assistant vice president of Citibank’s Citigold wealth management unit in Binondo was suspected of swindling at least PHP 300 million from the deposits of mostly Chinese-Filipino clients. Ang’s father, Manila Councilor Bernie Ang, immediately claimed a conspiracy, stating that his son was being persecuted because he was about to expose purported irregularities within the American banking giant. The father alleged there was a "concerted effort to destroy him" to prevent him from revealing systemic problems, turning the story into a classic case of a whistleblower being made the target of a scandal.