NBI nabs SEC-Butuan director for alleged P250,000 extortion try

MANILA, Philippines — The National Bureau of Investigation (NBI) on Wednesday confirmed that agents from its Caraga Regional Office arrested a director of the Securities and Exchange Commission (SEC) for allegedly trying to extort P250,000 from a private corporation.

In a statement on Wednesday, the NBI said it arrested Atty.

Jasoc Tan from the SEC ...