BSP charter amendment can impose danger to public: lawmaker

A proposed amendment to the Bangko Sentral ng Pilipinas charter can impose danger to the depositing public, a lawmaker warned on Tuesday.

Kabataan Party-list Rep. Terry Ridon raised the issue of a possible “unlawful search and seizure” to an individual’s bank account once the provisions implicitly lifting bank secrecy are approved in House Bill No. 3112.