Recently, a shocking news came from the Chinese business community in the Philippines: a well-known steel tycoon and current leader of a Chinese business group was kidnapped while dining at a famous seafood restaurant in the Metro Manila area.
According to insiders, the kidnappers initially demanded a ransom of 120 million pesos. After negotiations, an agreement was reached with a payment of 100 million pesos, and the victim was safely released.
It is noteworthy that on February 26, the Philippine Justice Minister Jesus Crispin Remulla stated that the recent student kidnapping case in the BGC area of Taguig City is related to Philippine offshore gaming operators (POGO), suggesting that these kidnapping cases may be a derivative of POGO-related criminal activities.
Analysts believe that these two kidnapping cases may have been planned and executed by the same criminal gang. The gang operates professionally with clear targets, and has recently been targeting upper-class individuals frequently. The police have not officially confirmed the connection between the two cases, but it has already caused widespread concern and worry among all sectors of society.
Currently, the Philippine police are intensifying their investigation into these kidnapping cases and strengthening the regulation of related fields to prevent similar incidents from happening again. Business people are also calling on the government to take more effective measures to ensure the safety of citizens, especially entrepreneurs.
