Palace defends Pangandaman appointment amid flood control allegations

MANILA, Philippines — Malacañang has defended the appointment of former Budget Secretary Amenah Pangandaman as chair and chief executive officer (CEO) of the state-owned Al-Amanah Islamic Investment Bank of the Philippines (AAIIBP), saying she remains presumed innocent despite allegations linking her to the massive flood control corruption scandal exposed last year.

“There is nothing wrong with ...