MANILA, Philippines – Securities and Exchange Commission (SEC) Chair Francis Lim on Thursday apologized for an earlier statement regarding recent corruption issues.
Lim had previously said that these issues had caused a P1.7-trillion wipeout in the market value of publicly listed companies.
“I deeply regret any confusion or concern that my statement may have caused,” Lim said in a statement. “My sole intent…”
https://business.inquirer.net/551836/sec-chair-apologizes-for-citing-fictitious-report