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dire - causing fear or dread or terror; "the awful war"; "an awful risk"; "dire news"; "a career or vengeance so direful that London was shocked"; "the dread presence of the headmaster"; "polio is no longer the dreaded disease it once was"; "a dreadful storm"; "a fearful howling"; "horrendous explosions shook the city"; "a terrible curse"desperate, pressing, crying, critical, terrible, crucial, alarming, extreme, awful, appalling, urgent, cruel, horrible, disastrous, grim, dreadful, gloomy, fearful, dismal, drastic, catastrophic, ominous, horrid, woeful, ruinous, calamitous, cataclysmic, portentous, godawful (slang), exigent, bodeful Ye who have wondered to hear, in the same evangel, that God is love, and that God is a consuming fire, see ye not how, to the soul resolved in evil, perfect love is the most fearful torture, the seal and sentence of the diseases, she put it by in alarm, and took up a novel, which was free from the fault she had found in the lectures, inasmuch as none of the emotions it described in the least resembled any she had ever experienced.
Filipinos are no strangers to financial scandals and anomalies.
The Philippines has a history of banking encounters of the strange and convoluted kind.
Always deleterious and near irreversible disasters. But we have always survived, albeit derailing what otherwise might have been a progressive trajectory towards national development.
Being back to square one is therefore not an unfamiliar scenario.
And it looks as though we have gotten ourselves another hot ‘kamote!
’ Or to be more precise, one that fell into the country’s lap!Of note, however and happily, this one does not involve Filipino-owned funds.Furthermore, the event is not occasioned by any partisan political accommodation much less is there an evil mastermind politician lurking behind.You see, our history of skulduggeries involving fiduciary funds national in character have invariably involved politicians, as I will attempt to recall and share in a bit.Nonetheless, how our concerned and responsible elders address and handle the current instance of this front-page-hugging cyber heist of Bangladeshi national funds is of critical concern. As we non-expert sidewalk supervisors (otherwise known as ‘miron’ or ‘usisero’) all know, from Bangladesh’s depositary in the US Federal Reserve Bank of New York, US million found its way to and through the local Rizal Commercial Banking Corporation and from there, the current scandal arose.The subject involves esoteric financial matters with nuances that are beyond the ken of ordinary mortals like most of you and, of course, moi. Folks, juxtaposed against national experience, this is a hiccup even if it has attracted international attention.