PRESIDENT Rodrigo Duterte on Wednesday criticized businessman and former trade minister Roberto Ongpin of benefiting from former presidents, as he promised to "destroy" the country's oligarchs.

"I will destroy the oligarchs that are embedded in government," Duterte said in a speech in Malacañang. "These are the guys who sit in their planes, in their mansions, and money comes in ... I said, 'destroy,'" Duterte said.

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