MANILA — Former Finance Secretary Jaime Ongpin, among the most controversial and influential Cabinet members until his September removal, was found fatally shot today in what his son said appeared to be suicide.
Ongpin, 49, was found slumped in a chair in his office, a single bullet wound in his temple and a .38-caliber pistol in his hand, police said. Ongpin's eldest son, Rafael, said his father had been unhappy since leaving the Cabinet.
Ongpin was relieved as finance secretary Sept. 16 in a Cabinet shake-up after a bloody Aug. 28 coup attempt, which elicited widespread criticism over lack of coordination between President Corazon Aquino and some of her left-leaning ministers.
Headed Mining Firm
Ongpin graduated from Ateneo de Manila University in 1958 and from Harvard University Business School in 1962. He became president of Benguet Corp., a major mining firm, in 1974.