Digital Currency Co. Ltd (DCC) is currently under investigation for allegedly using Philippine Senate President Aquilino “Koko” Pimentel III’s name to entice clients.
DCC and Sen. Koko Pimentel
Reported by ABS CBN News, Senate President Aquilino “Koko” Pimentel denies that he is affiliated with Digital Currency Co. Ltd, claiming that he only met with the DCC firm as a matter of courtesy.
“There is no partnership between me and DCC, or the Senate and DCC. I met with these people as a matter of courtesy to visitors. I am shocked at their bold claims of an agreement between us using pictures that politicians normally have with visitors,” – Senate President Aquilino “Koko” Pimentel
After that, the Department of Justice issued an order to the National Bureau of Investigation (NBI) to:
“…conduct investigation and case build-up over the alleged misrepresentation committed by Digital Currency Co. Ltd. and Mr. Boy Joven in their virtual currency venture ‘Philippine Global Coin,’ or such other securities or products, and if evidence so warrants, to file appropriate charges thereon.”
As of this writing, DCC has not commented on the issue.
Source: ABS CBN