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GenCorp’s P520-M sales surge raises questions over VP Duterte ties

MANILA, Philippines — How can GenCorp Industries Inc., a company linked to Vice President Sara Z. Duterte, allegedly increase its annual sales from P28 million to more than P520 million in four years despite having only P1.25 million in paid-in capital? Former Rep. Robert Ace Barbers, House prosecution adviser and…

Reported by Inquirer.net. We will add other newspapers as they cover it.

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  1. Inquirer.netPhilippines

    GenCorp’s P520-M sales surge raises questions over VP Duterte ties

    MANILA, Philippines — How can GenCorp Industries Inc., a company linked to Vice President Sara Z. Duterte, allegedly increase its annual sales from P28 million to more than P520 million in four years despite having only P1.25 million in paid-in capital? Former Rep. Robert Ace Barbers, House prosecution adviser and…

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