Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2000
Evidence concerning the Jose Velarde account
During the impeachment trial of President Joseph Estrada, Equitable PCI Bank supplied witnesses and records concerning the Jose Velarde account. Senior vice president Clarissa Ocampo gave testimony linking Estrada to the account. The episode was a major political controversy in which the bank served as a source of evidence rather than the alleged principal wrongdoer.