MANILA, Philippines — The Taguig City Police Station seized shabu worth P4,817,800 and arrested a 32-year-old female in a buy-bust operation on Wednesday.
The benchmark PSEi fell by 1.50 percent, or 112.73 points, to close at 7,424.52 while the broader All-Shares index slipped by 1.08 percent, or 44.05 points, to settle at 4,033.36.
Speaking to reporters, ADB country director for the Philippines Pavit Ramachandran said the Manila-based multilateral lender was targeting to green-light the first round of financing under a multi-tranche loan to bankroll the Laguna Lakeshore Road Network project later this year.
According to a report from the Southern Police District (SPD) released on Thursday, the operation occurred at 11:40 p.m. in Barangay South Signal, Taguig City.
Article continues after this advertisementREAD: P1.1-M drugs seized in Taguig drug bust; teenager, 2 others nabbed
ontour slotFEATURED STORIES NEWSINFO Traffic enforcer appeals case, gets stiffer penalty NEWSINFO Duterte ally: Will raise budget ‘blanks’ issue before SC NEWSINFO Claims of blank entries in budget aim to restore VP Sara's funds – solonAuthorities confiscated three knot-tied transparent plastic bags said to contain 708.5 grams of shabu (crystal meth).
The suspect, identified as “Sherhana,” is in the custody of the Taguig City Police Station, awaiting charges of selling and possessing drugs, violations of the Dangerous Drugs Act.
Article continues after this advertisementREAD: 3 arrested, including cop, for illegally selling firearms in Taguig
Article continues after this advertisement“The public is encouraged to actively participate in the government’s anti-drug campaign by reporting suspicious activities in their neighborhoods,” the SPD advised in a statement.
READ: Cebu City drug den: Couple, 3 visitors busted
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