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LGF GMC 
LOCAL GOVERNMENT PRIVATE FINANCING 
BY 
ABDEL DIMAPUNONG 
SEPTEMBER 16, 2014 
OPEN LETTER 
FOR HEADS OF PHILIPPINE LOCAL GOVERNMENT UNITS 
FROM 
THE GLOBAL CAPITAL COOPERATORS 
SUBJECT: LOCAL GOVERNMENT PRIVATE FINANCING 
CONTENTS: 
1. THE OPEN LETTER 
2. OUR COVER PAGE 
3. SAMPLE OFFERING OF ARABIAN FUNDED PRIVATE LOAN PACKAGE TO LOCAL GOVERNMENTS UNITS 
4. ABOUT GLOBAL CAPITAL COOPERATORS, IN A NUTSHELL 
5. ABOUT THE FINANCING DEVELOPER. IN A NUTSHELL 
6. ANNEX A TITLE IV OF THE LOCAL GOVERNMENT CODE OF 1991 
7. ANNEX B THE RELEVANT REQUIIREMENTS OF THE BANKO SENTRAL NG PILIPINAS 
8. ANNEX C – THE LENDERS’ REQUIRED FINANCIAL PLAN 
9. ANNEX D- THE LENDERS’ REQUIRED BUSINESS PLAN 
LOCAL GOVERNMENT FINANCING BY GLOBAL CAPITAL COOPERATORS
LGF GMC 
SEPTEMBER 16, 2014 
THE HONORABLE HEADS OF LOCAL GOVERNMENTS 
THE LOCAL GOVERNMENT CODE OF1991 IS BEING PLANNED FOR AMENDMENT SOON UNDER THE BILL OF SENATOR KOKO 
PIMENTEL 
IN HIS OPENING STATEMENT IN THE HEARING ON THE MAKATI PARKING BUILDING, PIMENTEL MENTIONED THIS BILL 
CONCERNING THE LOCAL GOVERNMENT UNITS WHERE HE INDICATED THE FORTHCOMING INCREASES OF INTERNAL REVENUE 
ALLOCATIONS TO LOCAL GOVERNMENT UNITS. HE ALSO MENTIONED ABOUT LOCAL GOVERNMENT FINANCING, LOCAL 
GOVERNMENT BUDGETING, LOCAL GOVERNMENT PROCUREMENT, AND LOCAL GOVERNMENT AUDITING 
WE ARE PLEASE TO HEAR THIS DEVELOPMENT BECAUSE WE HAVE SOME LEGISLATIVE SUGGESTIONS RELATING TO NEW CITIES 
AND NEW LOCAL GOVERNMENT UNITS THAT ARE SOON TO BE LARGER THAN THEIR PREVIOUS STATUS THIS IS GOOD NEWS 
FOR LOCAL GOVBRRNMENTS 
CONSEQUENT TO THE EVER INCREASING POPULATION AND THE PLANNED INCREASING REVENUES UNDER THE SOON TO BE 
AMENDED NEW LOCAL GOVERNMENT LAWS AND CONSIDERING SOME CHANGES IN WORLD ENVIRONMENTAL CONDITIONS AS 
WELL AS ADVANCES IN NEW TECHNOLOGIES,WE SHOULD SUGGEST THAT THE EXISTING HIGHLY URBANIZED CITIES WILL NOW 
BE UPDATED TO A HIGHER LEVEL AND NAME THEM METRO CITIES OR MEGA CITIES. 
ALL THE THE HIGHER POPULATED CITIES BE RECLASSIFIED AS : STAR CITIES, METRO CITIES AND MEGA CITIES – INSTEAD OF 
BEING CLASSIFIED IN ALPHABETICAL ORDER. THIS IS IN CONSIDERATION OF FOREIGN INVESTORS THAT REGULARLY GIVE 
CREDIT RANKINGS TO CITIES AS BASIS FOR THE AMOUNT OF THEIR INVESTMENTS AND AS BASIS OF THE TERMS AND 
CONDITIONS INCLUDING THE AMOUNT OF PHILANTROPIST ENDOWMENTS THAT FOREIGN LOANS AND INVESTMENTS MAY 
CONTAIN. 
THE NEW RECLASSIFIED CITIES SHOULD BE DEFINED IN THE AMENDED LAW AS A METROPOLIS THAT BEAR HISTORICAL AND 
ECONOMIC SIGNIFICANCE. 
FOR EXAMPLE, FROM BEING HIGHLY URBANIZED CITIES T HE NEW METROCITIES WOULD BE QUEZON METROCITY, MANILA 
METROCITY, MAKATI METRO CITY, CEBU METRO CITY, TACLOBAN METRO CITY AND DAVAO METRO CITY 
ANOTHER EXAMPLE WOULD BE: STA ROSA STARCITY, STA. BARBARA STAR CITY, ETC… 
WE ARE ALSO PLEASE TO INFORM THAT WE HAD EARLIER FORMULATED A CONFIGURATION OF OUR VERSION OF LOCAL 
GOVERNMENT FINANCING. THIS VERSION IS PRIVATE AND ARABIAN FUNDED LOCAL GOVERNMENT FINANCING BASED ON THE 
EXISTING PROVISIONS OF THE LOCAL GOVERNMENT CODE, PARTICULAYLY ON CREDIT FINANCING UNDER TITLE IV THEREOF 
[ANNEX A]. OUR VERSION ALSO CONSIDERED THE PROVISIONS OF THE BSP RULES AND REGULATIONS ON FOREIGN EXCHANGE 
AS THEY APPLY TO LOCAL GOVERNMENT UNITS, PARTICULARLY SECTIONS 23 and 25 THEREOF [ ANNEX B ]. AND THE LENDERS 
REQUIRED FINANCIAL PLAN [ANNEX C] SHOWING PROJECTED PROFORMA INCOME STATEMENTS , PROJECTED PROFORMA 
BALANCE SHEETS, AND EXPECTED RETURN ON INVESTMENTS IN ACCEPTABLE ROI RATES. 
LOCAL GOVERNMENT FINANCING BY GLOBAL CAPITAL COOPERATORS
LGF GMC 
FOR THE MOMENT,WE ARE ALSO FORMULATING OUR VERSION OF LOCAL GOVERNMENT BUDGETING AND LOCAL 
GOVERNMENT AUDITING AS THEY RELATE TO OUR LOCAL GOVERNMENT FINANCING. 
FOR WHATEVER IT IS WORTH, WE ARE SENDING YOUR HONOR A COPY OF OUR VERSION OF PRIVATE AND ARABIAN FUNDED 
LOCAL GOVERNMENT FINANCING. YOU WILL FIND BELOW A SAMPLE OF OUR PACKAGED DEAL OFFER TO HIGHLY URBANIZED 
CLASS A CITIES. THIS PACKAGED DEAL IS BEING DISTRIBUTED TO SELECTED HIGHLY URBANIZED CITIES BY OUR LIAISON 
COORDINATORS. HOWEVER WE NOW SUSPEND THIS DISTRIBUTION FOR THE TIME BEING WHILE AWAITING FOR THE PIMENTEL 
BILL UNTIL IT IS PASSED INTO LAW. WHEN THE PIMENTEL BILL BECOMES A LAW, WE SHALL MAKE ADJUSTMENTS IN OUR 
VERSION OF LOCAL GOVERNMENT FINANCING IN ORDER TO REALIGN OUR PARAMETERS TO THAT A NEW AMEDNDED LOCAL 
GOVERNMENT CODE. 
FYI, FOR YOUR INFORMASTION 
THANK YOU AND VERY TRULY YOURS 
ABDEL DIMAPUNONG 
MANAGING DIRECTOR 
GLOBAL MUSLIM CAPITAL 
abdelparamex@yahoo.com 
abdelglobalcapital@gmail.com 
0928-5525-036 
0947-4988-151 
LOCAL GOVERNMENT FINANCING BY GLOBAL CAPITAL COOPERATORS
LGF GMC 
OUR COVER 
OUR COVER SHOWS THE ARABIAN REGION, ALSO KNOWN AS THE PERSIAN GULF 
IT IS WITHIN THE ARABIAN REGION THAT WE, THE GLOBAL CAPITAL COOPERATORS, SOURCE OUR CAPITAL FUNDING. 
AS CAN BE SEEN FROM THE REGIONAL MAP OUR SOURCES OF FUNDS INCLUDE THE KINGDOM OF SAUDI ARABIA. DUBAI AND 
ABU DHABI OF THE UNITED ARAB EMIRATES, KUWAIT, BAHRAIN AND THE SULTANATE OF OMAN. IT IS SIGNIFICANT TO NOTE 
THAT ALL OF THESE ARABIAN COUNTRIES ARE ALL MAJOR OIL PRODUCING COUNTRIES, MEMBERS OF THE ORGANIZATION OF 
PETROLEUM EXPORTING COUNTIES [OPEC], MEMBERS OF THE INTERNATIONAL MONETARY FUND[IMF] AND MEMBERS OF THE 
UNITED NATIONS 
LOCAL GOVERNMENT FINANCING BY GLOBAL CAPITAL COOPERATORS
LGF GMC 
DOLLAR 80 MILLION LOAN PACKAGE DEAL 
FOR CLASS A LOCAL GOVERNMENT UNITS OR METROCITIES 
US DOLLAR 80M LOAN CONFIGURATION PACKAGE DEAL 
APPLICATION FOR CLASS A CITIES 
IN THE PHILIPPINES 
TERM OF LOAN 1O UP TO 20 YEARS 
LOAN AMOUNT USD 80 MILLION 
TOTAL INTEREST RATES 7 PERCENT SIMPLE INTEREST RATE PER ANNUM 
THE 80 MILLION USD SHALL BE KNOWN AS THE TRUST FUND TO BE COMPRISED OF TWO GENERAL APPROPRIATION ACCOUNTS 
THE TWO GENERAL APPROPRIATION ACCOUNTS ARE AS FOLLOWS: 
THE CITY GENERAL FUND USD 20 MILLION 
FOR THE RELENDING FUND USD 60 MILLION 
TOTAL PACKAGE FUND USD 80 MILLION 
THE RELENDING APPROPRIATION ACCOUNTS ARE AS FOLLOWS: 
FOR RELENDING TO OTHER LGUS USD 20 MILLION 
FOR HOUSING LOANS USD 20 MILLION 
FOR CITY EMPLOYEES BENEFITS USD 20 MILLION 
TOTAL RELENDING APPROPRIATION USD 60 MILLION 
FOR RELENDING APPROPRIATIONS USD 60 MILLION RELENDING AT 14 PERCENT INTEREST 
RATE 
RELENDING PAYMENTS SHALL DIRECTLY ACCRUE TO THE CITY FRANCISEE 
LOCAL GOVERNMENT FINANCING BY GLOBAL CAPITAL COOPERATORS
LGF GMC 
LOAN PACKAGE DEAL 
US DOLLAR 80M LOAN CONFIGURATION PACKAGE DEAL 
APPLICATION FOR CLASS A LOCAL GOVERNMENT 
LOAN TERM 10 OR UP TO 20 YEARS 
LOAN AMOUNT USD 80 MILLION 
TOTAL INTEREST RATES 6 PERCENT SIMPLE INTEREST RATE PER ANNUM 
FOR RELENDING USD 60 MILLION 
RELENDING INTEREST RATES 13 PERCENT INTEREST RATE PER ANNUM 
GENERAL APPROPRIATION ACCOUNTS 
FOR CLASS A CITY/PROVINCE USE USD 20 MILLION 
FOR BARANGAYSAND MUNICIPALITIES USD 20 MILLION 
FOR HOUSING LOANS TO CITY/PROVINCE RESIDENTS USD 20 MILLION 
FOR EMPLOYEES LOAN ASSISTANCE BENIFITS USD 20 MILLION 
TOTAL LOAN/INVESTMENTS USD 80 MILLION 
FOR CITY/PROVINCIALGOVERNMENT USE, ALLOWABLE APPLICATION OF FUNDS SHALL BE AS ALLOWED BY THE LOCAL 
GOVERNMENT CODE AND THE BSP RULES AND REGULATIONS ON FOREIGN EXCHANGE: 
LOCAL GOVERNMENT FINANCING BY GLOBAL CAPITAL COOPERATORS
LGF GMC 
GMC HUMANITARIAN PHILANTROPIST ENDOWMENTS 
TO BE TAKEN FROM THE INTEREST INCOME OF GLOBAL CAPITAL COOPERATORS 
AS A DEDUCTIION FROM THEIR INTEREST CHARGES 
SCHOLARSHIP ENDOWMENT FUND USD 800,000 OR PESOS 4 MILLION 
SENIOR CITTIZEN BENEFIT FUND USD800,000 ORPESOS 4 MILLION 
TOTAL GLOBAL CAPITAL PHILANTHROPY USD 1,600,000OR PESOS 8 MILLION 
ALL OF THE FOREGOING BENEFITS WILL BE SPELLED OUT IN THE FINAL DEFINITIVE AGREEMENT 
AND ALL SHALL BE IN ACCORDANCE WITH THE MANDATED POWER OF THE LOCAL GOVERNMENT CODE OF 1991 AND 
YOUR PROVINCIAL OR CITY CHARTER. 
THIS PROJECT HAS BEEN DESIGNED FOR YOUR POLITICAL ENDURANCE, SUSTAINABILITY, EVER-READINESS IN RISK 
REDUCTION, STRENGTH IN THE FACE OF PORKY CONTROVERSY, STAYING POWER, AND FOR YOUR LEGACY AS AN 
OUTSTANDING NOBLE POLITICAL LEADER 
JOIN US NOW 
WE HAVE CELLPHONES, IPOD 
FAXES AND PLDT DIRECT LINES 
BUT PLEASE CONTACT US BY EMAIL ONLY 
abdelparamex@yahoo.com 
IT PAYS TO BE ON RECORD ONLINE 
THAT IS ACCESSIBLE ANYWHERE 
LOCAL GOVERNMENT FINANCING BY GLOBAL CAPITAL COOPERATORS
LGF GMC 
FOR MORE INFORMATION 
YOU MAY REQUEST BY EMAILA COPY OF MORE INFORMATION: 
1. ABOUT WHAT IS THE LOAN PACKAGE DEAL 
2. ABOUT THE COMPLETE PROFILE OF THE DEVELOPER 
3. ABOUT WHAT IS GLOBAL CAPITAL COOPERATORS? 
4. ABOUT WHAT IS LOCAL GOVERNMENT FINANCING? 
5. ABOUT WHAT IS FINANCING FRANCHISE? 
6. ABOUT THE MUSLIM WORLD AND THE ARABIAN OIL PRODUCING CAPITALISTS REGION? 
7. ABOUT THE LENDERS’FORMAT OF THE REQUIRED FINANCIAL PLAN 
8. ABOUT THE LENDERS’ FORMAT OF THE REQUIRED BUSINESS PLAN 
JUST CONTACT US BY EMAIL WITH A REQUEST OF THE FOREGOING AND WE SHALL REPLY BY SENDING YOU COPIES OF YOUR 
REQUESTS. 
THANK YOU AND VERY TRULY YOURS 
ABDEL DIMAPUNONG 
GLOBAL MUSLIM CAPITAL 
MANAGING DIRECTOR 
abdelparamex@yahoo.com 
0947-4988-151 
LOCAL GOVERNMENT FINANCING BY GLOBAL CAPITAL COOPERATORS
LGF GMC 
ANNEX A 
THE LOCAL GOVERNMENT CODE 
REPUBLIC ACT 7160 
TITLE IV 
CREDIT FINANCING TO LOCAL GOVERNMENT UNITS 
SECTIONS 295 TO SECTIONS 303 OF RA 7160 
SECTION 295. SCOPE. – 
THIS TITLE SHALL GOVERN THE POWER OF LOCAL GOVERNMENT UNITS TO CREATE INDEBTEDNESS AND TO ENTER INTO CREDIT 
AND OTHER FINANCIAL TRANSACTIONS. 
SECTION 296. GENERAL POLICY. – 
(A) IT SHALL BE THE BASIC POLICY THAT ANY LOCAL GOVERNMENT UNIT MAY CREATE INDEBTEDNESS, AND AVAIL OF CREDIT 
FACILITIES TO FINANCE LOCAL INFRASTRUCTURE AND OTHER SOCIO-ECONOMIC DEVELOPMENT PROJECTS IN ACCORDANCE 
WITH THE APPROVED LOCAL DEVELOPMENT PLAN AND PUBLIC INVESTMENT PROGRAM. 
(B) A LOCAL GOVERNMENT UNIT MAY AVAIL OF CREDIT LINES FROM GOVERNMENT OR PRIVATE BANKS AND LENDING 
INSTITUTIONS FOR THE PURPOSE OF STABILIZING LOCAL FINANCES. 
SECTION 297. LOANS, CREDITS, AND OTHER FORMS OF INDEBTEDNESS OF LOCAL GOVERNMENT UNITS. – 
(A) A LOCAL GOVERNMENT UNIT MAY CONTRACT LOANS, CREDITS, AND OTHER FORMS OF INDEBTEDNESS WITH ANY 
GOVERNMENT OR DOMESTIC PRIVATE BANK AND OTHER LENDING INSTITUTIONS TO FINANCE THE CONSTRUCTION, 
INSTALLATION,IMPROVEMENT, EXPANSION, OPERATION, OR MAINTENANCE OF PUBLIC FACILITIES, INFRASTRUCTURE 
FACILITIES, HOUSING PROJECTS, THE ACQUISITION OF REAL PROPERTY, AND THE IMPLEMENTATION OF OTHER 
CAPITAL INVESTMENT PROJECTS, SUBJECT TO SUCH TERMS AND CONDITIONS AS MAY BE AGREED UPON BY THE 
LOCAL GOVERNMENT UNIT AND THE LENDER.THE PROCEEDS FROM SUCH TRANSACTIONS 
OTHER RELATED SECTIONS 
SECTIONS 298,299, 300,301,302 AND 303 
LOCAL GOVERNMENT FINANCING BY GLOBAL CAPITAL COOPERATORS
LGF GMC 
SECTION 298. DEFERRED-PAYMENT AND OTHER FINANCIAL SCHEMES. – 
SECTION 299. BONDS AND OTHER LONG-TERM SECURITIES. – 
SECTION 300. INTER-LOCAL GOVERNMENT LOANS, GRANTS, AND SUBSIDIES 
SECTION 301 
SECTION 302. FINANCING, CONSTRUCTION, MAINTENANCE, OPERATION, AND MANAGEMENT OF INFRASTRUCTURE PROJECTS 
BY THE PRIVATE SECTOR. 
SECTION 303. REMEDIES AND SANCTIONS. – 
LOCAL GOVERNMENT FINANCING BY GLOBAL CAPITAL COOPERATORS
LGF GMC 
ANNEX B 
THE RELEVANT REQUIIREMENTS OF THE BANKO SENTRAL NG PILIPINAS 
FROM THE BSP MANUAL OF REGULATIONS ON FOREIGN EXCHANGE TRANSACTIONS 
THE FOLLOWING SECTONS ARE COPIED FOR GLOBAL MUSLIM CAPITAL COOPERATORS AND ITS PROSPECTIVE BORROWERS TO 
OBSERVE AND FOLLOW IN THE IMPLEMENTATION 
OF THE LOCAL GOVERNMENT CREDIT FINANCING 
SECTION 22 GENERAL POLICY 
SECTION 23 LOANS REQUIRING BSP PRIOR APPROVAL 
SECTION 25 PROJECTS ELIGIBLE FOR FOREIGN FINANCING 
SECTION 26 TERMS OF LOANS 
SECTION 27 DRAWDOWNS/AVAILMENTS 
SECTION 28 REGISTRATION OF FOREIGN LOANS 
SECTION 29 SERVICING OF FOREIGN LOANS 
SECTION 30 APPROVAL/REGISTRATION AND SERVICING OF GURANTEES 
_____________________________________________________________________________ 
ANNEX C 
THE LENDERS’ REQUIRED FINANCIAL PLAN 
SIGNIFICANCE 
THE LENDERS’ FINANCIAL PLAN IS KEY WHEN THE LGU DECIDES TO SOURCE FUNDS FROM THE LENDERS. LIKE OTHER SECTIONS 
OF THE BUSINESS PLAN, THE FINANCIAL PLAN PROVES THAT THE FUND USER HAS GIVEN SERIOUS THOUGHT TO THE PROPOSED 
CREDIT FINANCING PROJECT--IN THIS CASE, HOW MUCH MONEY IS NEEDED TO START AND GROW THE BUSINESS, WHERE THE 
MONEY IS GOING TO COME FROM AND HOW THE BUSINESS IS GOING TO GET IT. THE FINANCIAL PLAN ALSO OUTLINES FOR 
LENDERS THE TIME IT WILL TAKE FOR THE CREDIT FINANCING BUSINESS TO BECOME PROFITABLE, AND EXACTLY HOW MUCH 
DEBT WILL BE ACCUMULATED ALONG THE WAY. 
ELEMENTS OF THE FINANCIAL PLAN 
A THE ARABIAN LENDERS’FINANCIAL PLAN FORMAT PRESENTS AN ITEMIZED LIST OF START-UP AND OPERATIONAL YEAR TO 
YEAR EXPENSES, AND DISCUSSES HOW MUCH OF THE BUSINESS'S EXPENSES WILL BE FINANCED WITH DEBT AS OPPOSED TO 
PROJECTED INCOME FROM THE CREDIT FINANCING SCHEME. THE PLAN PREPARES FORWARD-LOOKING FINANCIAL 
STATEMENTS, INCLUDING A PROFORMA BALANCE SHEET AND PROFORMA INCOME STATEMEN FOR AT LEAST FIVE-YEAR 
LOCAL GOVERNMENT FINANCING BY GLOBAL CAPITAL COOPERATORS
LGF GMC 
PERIOD. DESCRIBE ANY AMOUNT OF PROJECTED RELENDING TO OTHER LGUS AND RELENDING TO OTHER PROJECTED 
BORROWERS SUCH AS THOSE FOR HOUSING POJECTS AND FOR EMPLOYEES BENEFICVIAL LOANS. IN THE FINANCIAL PLAN FOR 
A PERIOD WITHIN AT LEAST FIVE YEARS FOR . THE FINANCIAL PLAN ALSO DISCUSSES THE POTENTIAL FUNDING SOURCES. THE 
FINANCIAL PLAN FOR THE LOCAL GOVERRNMENT FINANCING SHOULD FORM PART OF THE CITY LOCAL DEVELOPMENT PLAN IN 
ACCORDANCE WITH THE LOCAL GOVERNMENT CODE AND THE RELATED BSP RULES AND REGULATIONS ON FOREIGN FUNDED 
LOANS. 
WHO PREPARES FOR THE FINANCIAL PLAN TO BE SUBMITTED TO THE ARABIAN LENDERS? 
THE PREPARATION OF THE FINANCIAL PLAN SHOULD BE DONE BY THE CITY COUNCIL AS PART OF ITS CITY DEVELOPMENT PLAN 
OR THE CITY COUNCIL MAY HIRE THE GLOBAL MUSLIM CAPITAL TO DO THIS SAME JOB, OR THE CITY COUNCIL MAY ENGAGE 
THE PROFESSIONALCONSULTING SERRVICES OF PROFESSIONALS. IN THIS CASE, THE GLOBAL MUSLIM CAPITAL IS IN AFFILIATION 
WITH PROFESSIONAL AND WELL KNOWN AUDITING FIRMS WHO ARE ALL FROM SYCIP, GORRES, VELAYO AND COMPANY. 
LOCAL GOVERNMENT FINANCING BY GLOBAL CAPITAL COOPERATORS
LGF GMC 
ABDEL DIMAPUNONG 
ABOUT THE DEVELOPER, ABDEL DIMAPUNONG, IN A NUTSHELL 
email addresses: abdelparamex@yahoo.com 
abdelglobalcapital@gmail.com 
ABDEL DIMAPUNONG IS PROFESSOR EMERITUS AT THE MINDANAO STATE UNIVERSITY MAIN CAMPUS IN MARAWI CITY 
PROFESSOR DIMAPUNONG IS ALSO COFOUNDER OF THE INSTITUTE OF ISLAMIC,ASIAN AND ARABIC STUDIES OF THE 
UNIVERSITY. DIMAPUNONG ALSO SERVED THE UNIVERSITY AS UNIVERSITY CONSULTANT AND LATER DIRECTOR OF FINANCE. 
UNDER THE UNIVERSITY FACULTY DEVELOPMENT PROGRAM, DIMAPUNONG PUSHED THROUGH EXECUTIVE 
DEVELOPMENTCOURSE ON UNIVERSITY ADMINISTRATION AND MASTER IN BUSINESS MANAGEMENT AT THE ASIAN INSTITUTE 
OF MANAGEMENT DIMAPUNONG ALSO SERVED THE NATIONAL GOVERNMENT AS VICE PRESIDENT OF THE PHILIPPINE 
VETERANS INVESTMENTS DEVELOPMENT CORPORATION AND LATER AS CHAIRMAN AND CEO OF THE AMANAH ISLAMIC BANK 
DIMAPUNONG IS PRESENTLY CONSULTING ADVISOR TO A 500 BILLION US DOLLAR CASH AND GOLD DEPOSITOR IN RABOBANK 
SINGAPORE, AND A CONSULTING ADVISOR TO SEVERAL HIGH NETWORTH ARABIAN BILLIONAIRES 
CURRENT WORK RESUME’: INTERNATIONAL FUND TRADER 
MERCHANT BANKER 
INVESTMENT BANKER 
MANAGING DIRECTOR,GLOBAL CAPITAL COOPERATORS 
PREVIOUS WORK RESUME 
CHAIRMAN, UNITED CAPITAL FUNDERS 
FORMER DIRECTOR, ERA INVESTMENTS LIMITED, HONG, KONG; 
FORMER DIRECTOR, CTU INVESTMENTS LIMITED, HONG KONG 
FORMER CAPITAL ADVISOR, ARAMEX INVESTMENTS LIMITED, BVI 
COMPLETE PROFILE OF ABDEL DIMAPUNONG IS AVAILABLE UPON REQUEST BY EMAIL 
LOCAL GOVERNMENT FINANCING BY GLOBAL CAPITAL COOPERATORS

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13 p open letter toocal governments

  • 1. LGF GMC LOCAL GOVERNMENT PRIVATE FINANCING BY ABDEL DIMAPUNONG SEPTEMBER 16, 2014 OPEN LETTER FOR HEADS OF PHILIPPINE LOCAL GOVERNMENT UNITS FROM THE GLOBAL CAPITAL COOPERATORS SUBJECT: LOCAL GOVERNMENT PRIVATE FINANCING CONTENTS: 1. THE OPEN LETTER 2. OUR COVER PAGE 3. SAMPLE OFFERING OF ARABIAN FUNDED PRIVATE LOAN PACKAGE TO LOCAL GOVERNMENTS UNITS 4. ABOUT GLOBAL CAPITAL COOPERATORS, IN A NUTSHELL 5. ABOUT THE FINANCING DEVELOPER. IN A NUTSHELL 6. ANNEX A TITLE IV OF THE LOCAL GOVERNMENT CODE OF 1991 7. ANNEX B THE RELEVANT REQUIIREMENTS OF THE BANKO SENTRAL NG PILIPINAS 8. ANNEX C – THE LENDERS’ REQUIRED FINANCIAL PLAN 9. ANNEX D- THE LENDERS’ REQUIRED BUSINESS PLAN LOCAL GOVERNMENT FINANCING BY GLOBAL CAPITAL COOPERATORS
  • 2. LGF GMC SEPTEMBER 16, 2014 THE HONORABLE HEADS OF LOCAL GOVERNMENTS THE LOCAL GOVERNMENT CODE OF1991 IS BEING PLANNED FOR AMENDMENT SOON UNDER THE BILL OF SENATOR KOKO PIMENTEL IN HIS OPENING STATEMENT IN THE HEARING ON THE MAKATI PARKING BUILDING, PIMENTEL MENTIONED THIS BILL CONCERNING THE LOCAL GOVERNMENT UNITS WHERE HE INDICATED THE FORTHCOMING INCREASES OF INTERNAL REVENUE ALLOCATIONS TO LOCAL GOVERNMENT UNITS. HE ALSO MENTIONED ABOUT LOCAL GOVERNMENT FINANCING, LOCAL GOVERNMENT BUDGETING, LOCAL GOVERNMENT PROCUREMENT, AND LOCAL GOVERNMENT AUDITING WE ARE PLEASE TO HEAR THIS DEVELOPMENT BECAUSE WE HAVE SOME LEGISLATIVE SUGGESTIONS RELATING TO NEW CITIES AND NEW LOCAL GOVERNMENT UNITS THAT ARE SOON TO BE LARGER THAN THEIR PREVIOUS STATUS THIS IS GOOD NEWS FOR LOCAL GOVBRRNMENTS CONSEQUENT TO THE EVER INCREASING POPULATION AND THE PLANNED INCREASING REVENUES UNDER THE SOON TO BE AMENDED NEW LOCAL GOVERNMENT LAWS AND CONSIDERING SOME CHANGES IN WORLD ENVIRONMENTAL CONDITIONS AS WELL AS ADVANCES IN NEW TECHNOLOGIES,WE SHOULD SUGGEST THAT THE EXISTING HIGHLY URBANIZED CITIES WILL NOW BE UPDATED TO A HIGHER LEVEL AND NAME THEM METRO CITIES OR MEGA CITIES. ALL THE THE HIGHER POPULATED CITIES BE RECLASSIFIED AS : STAR CITIES, METRO CITIES AND MEGA CITIES – INSTEAD OF BEING CLASSIFIED IN ALPHABETICAL ORDER. THIS IS IN CONSIDERATION OF FOREIGN INVESTORS THAT REGULARLY GIVE CREDIT RANKINGS TO CITIES AS BASIS FOR THE AMOUNT OF THEIR INVESTMENTS AND AS BASIS OF THE TERMS AND CONDITIONS INCLUDING THE AMOUNT OF PHILANTROPIST ENDOWMENTS THAT FOREIGN LOANS AND INVESTMENTS MAY CONTAIN. THE NEW RECLASSIFIED CITIES SHOULD BE DEFINED IN THE AMENDED LAW AS A METROPOLIS THAT BEAR HISTORICAL AND ECONOMIC SIGNIFICANCE. FOR EXAMPLE, FROM BEING HIGHLY URBANIZED CITIES T HE NEW METROCITIES WOULD BE QUEZON METROCITY, MANILA METROCITY, MAKATI METRO CITY, CEBU METRO CITY, TACLOBAN METRO CITY AND DAVAO METRO CITY ANOTHER EXAMPLE WOULD BE: STA ROSA STARCITY, STA. BARBARA STAR CITY, ETC… WE ARE ALSO PLEASE TO INFORM THAT WE HAD EARLIER FORMULATED A CONFIGURATION OF OUR VERSION OF LOCAL GOVERNMENT FINANCING. THIS VERSION IS PRIVATE AND ARABIAN FUNDED LOCAL GOVERNMENT FINANCING BASED ON THE EXISTING PROVISIONS OF THE LOCAL GOVERNMENT CODE, PARTICULAYLY ON CREDIT FINANCING UNDER TITLE IV THEREOF [ANNEX A]. OUR VERSION ALSO CONSIDERED THE PROVISIONS OF THE BSP RULES AND REGULATIONS ON FOREIGN EXCHANGE AS THEY APPLY TO LOCAL GOVERNMENT UNITS, PARTICULARLY SECTIONS 23 and 25 THEREOF [ ANNEX B ]. AND THE LENDERS REQUIRED FINANCIAL PLAN [ANNEX C] SHOWING PROJECTED PROFORMA INCOME STATEMENTS , PROJECTED PROFORMA BALANCE SHEETS, AND EXPECTED RETURN ON INVESTMENTS IN ACCEPTABLE ROI RATES. LOCAL GOVERNMENT FINANCING BY GLOBAL CAPITAL COOPERATORS
  • 3. LGF GMC FOR THE MOMENT,WE ARE ALSO FORMULATING OUR VERSION OF LOCAL GOVERNMENT BUDGETING AND LOCAL GOVERNMENT AUDITING AS THEY RELATE TO OUR LOCAL GOVERNMENT FINANCING. FOR WHATEVER IT IS WORTH, WE ARE SENDING YOUR HONOR A COPY OF OUR VERSION OF PRIVATE AND ARABIAN FUNDED LOCAL GOVERNMENT FINANCING. YOU WILL FIND BELOW A SAMPLE OF OUR PACKAGED DEAL OFFER TO HIGHLY URBANIZED CLASS A CITIES. THIS PACKAGED DEAL IS BEING DISTRIBUTED TO SELECTED HIGHLY URBANIZED CITIES BY OUR LIAISON COORDINATORS. HOWEVER WE NOW SUSPEND THIS DISTRIBUTION FOR THE TIME BEING WHILE AWAITING FOR THE PIMENTEL BILL UNTIL IT IS PASSED INTO LAW. WHEN THE PIMENTEL BILL BECOMES A LAW, WE SHALL MAKE ADJUSTMENTS IN OUR VERSION OF LOCAL GOVERNMENT FINANCING IN ORDER TO REALIGN OUR PARAMETERS TO THAT A NEW AMEDNDED LOCAL GOVERNMENT CODE. FYI, FOR YOUR INFORMASTION THANK YOU AND VERY TRULY YOURS ABDEL DIMAPUNONG MANAGING DIRECTOR GLOBAL MUSLIM CAPITAL abdelparamex@yahoo.com abdelglobalcapital@gmail.com 0928-5525-036 0947-4988-151 LOCAL GOVERNMENT FINANCING BY GLOBAL CAPITAL COOPERATORS
  • 4. LGF GMC OUR COVER OUR COVER SHOWS THE ARABIAN REGION, ALSO KNOWN AS THE PERSIAN GULF IT IS WITHIN THE ARABIAN REGION THAT WE, THE GLOBAL CAPITAL COOPERATORS, SOURCE OUR CAPITAL FUNDING. AS CAN BE SEEN FROM THE REGIONAL MAP OUR SOURCES OF FUNDS INCLUDE THE KINGDOM OF SAUDI ARABIA. DUBAI AND ABU DHABI OF THE UNITED ARAB EMIRATES, KUWAIT, BAHRAIN AND THE SULTANATE OF OMAN. IT IS SIGNIFICANT TO NOTE THAT ALL OF THESE ARABIAN COUNTRIES ARE ALL MAJOR OIL PRODUCING COUNTRIES, MEMBERS OF THE ORGANIZATION OF PETROLEUM EXPORTING COUNTIES [OPEC], MEMBERS OF THE INTERNATIONAL MONETARY FUND[IMF] AND MEMBERS OF THE UNITED NATIONS LOCAL GOVERNMENT FINANCING BY GLOBAL CAPITAL COOPERATORS
  • 5. LGF GMC DOLLAR 80 MILLION LOAN PACKAGE DEAL FOR CLASS A LOCAL GOVERNMENT UNITS OR METROCITIES US DOLLAR 80M LOAN CONFIGURATION PACKAGE DEAL APPLICATION FOR CLASS A CITIES IN THE PHILIPPINES TERM OF LOAN 1O UP TO 20 YEARS LOAN AMOUNT USD 80 MILLION TOTAL INTEREST RATES 7 PERCENT SIMPLE INTEREST RATE PER ANNUM THE 80 MILLION USD SHALL BE KNOWN AS THE TRUST FUND TO BE COMPRISED OF TWO GENERAL APPROPRIATION ACCOUNTS THE TWO GENERAL APPROPRIATION ACCOUNTS ARE AS FOLLOWS: THE CITY GENERAL FUND USD 20 MILLION FOR THE RELENDING FUND USD 60 MILLION TOTAL PACKAGE FUND USD 80 MILLION THE RELENDING APPROPRIATION ACCOUNTS ARE AS FOLLOWS: FOR RELENDING TO OTHER LGUS USD 20 MILLION FOR HOUSING LOANS USD 20 MILLION FOR CITY EMPLOYEES BENEFITS USD 20 MILLION TOTAL RELENDING APPROPRIATION USD 60 MILLION FOR RELENDING APPROPRIATIONS USD 60 MILLION RELENDING AT 14 PERCENT INTEREST RATE RELENDING PAYMENTS SHALL DIRECTLY ACCRUE TO THE CITY FRANCISEE LOCAL GOVERNMENT FINANCING BY GLOBAL CAPITAL COOPERATORS
  • 6. LGF GMC LOAN PACKAGE DEAL US DOLLAR 80M LOAN CONFIGURATION PACKAGE DEAL APPLICATION FOR CLASS A LOCAL GOVERNMENT LOAN TERM 10 OR UP TO 20 YEARS LOAN AMOUNT USD 80 MILLION TOTAL INTEREST RATES 6 PERCENT SIMPLE INTEREST RATE PER ANNUM FOR RELENDING USD 60 MILLION RELENDING INTEREST RATES 13 PERCENT INTEREST RATE PER ANNUM GENERAL APPROPRIATION ACCOUNTS FOR CLASS A CITY/PROVINCE USE USD 20 MILLION FOR BARANGAYSAND MUNICIPALITIES USD 20 MILLION FOR HOUSING LOANS TO CITY/PROVINCE RESIDENTS USD 20 MILLION FOR EMPLOYEES LOAN ASSISTANCE BENIFITS USD 20 MILLION TOTAL LOAN/INVESTMENTS USD 80 MILLION FOR CITY/PROVINCIALGOVERNMENT USE, ALLOWABLE APPLICATION OF FUNDS SHALL BE AS ALLOWED BY THE LOCAL GOVERNMENT CODE AND THE BSP RULES AND REGULATIONS ON FOREIGN EXCHANGE: LOCAL GOVERNMENT FINANCING BY GLOBAL CAPITAL COOPERATORS
  • 7. LGF GMC GMC HUMANITARIAN PHILANTROPIST ENDOWMENTS TO BE TAKEN FROM THE INTEREST INCOME OF GLOBAL CAPITAL COOPERATORS AS A DEDUCTIION FROM THEIR INTEREST CHARGES SCHOLARSHIP ENDOWMENT FUND USD 800,000 OR PESOS 4 MILLION SENIOR CITTIZEN BENEFIT FUND USD800,000 ORPESOS 4 MILLION TOTAL GLOBAL CAPITAL PHILANTHROPY USD 1,600,000OR PESOS 8 MILLION ALL OF THE FOREGOING BENEFITS WILL BE SPELLED OUT IN THE FINAL DEFINITIVE AGREEMENT AND ALL SHALL BE IN ACCORDANCE WITH THE MANDATED POWER OF THE LOCAL GOVERNMENT CODE OF 1991 AND YOUR PROVINCIAL OR CITY CHARTER. THIS PROJECT HAS BEEN DESIGNED FOR YOUR POLITICAL ENDURANCE, SUSTAINABILITY, EVER-READINESS IN RISK REDUCTION, STRENGTH IN THE FACE OF PORKY CONTROVERSY, STAYING POWER, AND FOR YOUR LEGACY AS AN OUTSTANDING NOBLE POLITICAL LEADER JOIN US NOW WE HAVE CELLPHONES, IPOD FAXES AND PLDT DIRECT LINES BUT PLEASE CONTACT US BY EMAIL ONLY abdelparamex@yahoo.com IT PAYS TO BE ON RECORD ONLINE THAT IS ACCESSIBLE ANYWHERE LOCAL GOVERNMENT FINANCING BY GLOBAL CAPITAL COOPERATORS
  • 8. LGF GMC FOR MORE INFORMATION YOU MAY REQUEST BY EMAILA COPY OF MORE INFORMATION: 1. ABOUT WHAT IS THE LOAN PACKAGE DEAL 2. ABOUT THE COMPLETE PROFILE OF THE DEVELOPER 3. ABOUT WHAT IS GLOBAL CAPITAL COOPERATORS? 4. ABOUT WHAT IS LOCAL GOVERNMENT FINANCING? 5. ABOUT WHAT IS FINANCING FRANCHISE? 6. ABOUT THE MUSLIM WORLD AND THE ARABIAN OIL PRODUCING CAPITALISTS REGION? 7. ABOUT THE LENDERS’FORMAT OF THE REQUIRED FINANCIAL PLAN 8. ABOUT THE LENDERS’ FORMAT OF THE REQUIRED BUSINESS PLAN JUST CONTACT US BY EMAIL WITH A REQUEST OF THE FOREGOING AND WE SHALL REPLY BY SENDING YOU COPIES OF YOUR REQUESTS. THANK YOU AND VERY TRULY YOURS ABDEL DIMAPUNONG GLOBAL MUSLIM CAPITAL MANAGING DIRECTOR abdelparamex@yahoo.com 0947-4988-151 LOCAL GOVERNMENT FINANCING BY GLOBAL CAPITAL COOPERATORS
  • 9. LGF GMC ANNEX A THE LOCAL GOVERNMENT CODE REPUBLIC ACT 7160 TITLE IV CREDIT FINANCING TO LOCAL GOVERNMENT UNITS SECTIONS 295 TO SECTIONS 303 OF RA 7160 SECTION 295. SCOPE. – THIS TITLE SHALL GOVERN THE POWER OF LOCAL GOVERNMENT UNITS TO CREATE INDEBTEDNESS AND TO ENTER INTO CREDIT AND OTHER FINANCIAL TRANSACTIONS. SECTION 296. GENERAL POLICY. – (A) IT SHALL BE THE BASIC POLICY THAT ANY LOCAL GOVERNMENT UNIT MAY CREATE INDEBTEDNESS, AND AVAIL OF CREDIT FACILITIES TO FINANCE LOCAL INFRASTRUCTURE AND OTHER SOCIO-ECONOMIC DEVELOPMENT PROJECTS IN ACCORDANCE WITH THE APPROVED LOCAL DEVELOPMENT PLAN AND PUBLIC INVESTMENT PROGRAM. (B) A LOCAL GOVERNMENT UNIT MAY AVAIL OF CREDIT LINES FROM GOVERNMENT OR PRIVATE BANKS AND LENDING INSTITUTIONS FOR THE PURPOSE OF STABILIZING LOCAL FINANCES. SECTION 297. LOANS, CREDITS, AND OTHER FORMS OF INDEBTEDNESS OF LOCAL GOVERNMENT UNITS. – (A) A LOCAL GOVERNMENT UNIT MAY CONTRACT LOANS, CREDITS, AND OTHER FORMS OF INDEBTEDNESS WITH ANY GOVERNMENT OR DOMESTIC PRIVATE BANK AND OTHER LENDING INSTITUTIONS TO FINANCE THE CONSTRUCTION, INSTALLATION,IMPROVEMENT, EXPANSION, OPERATION, OR MAINTENANCE OF PUBLIC FACILITIES, INFRASTRUCTURE FACILITIES, HOUSING PROJECTS, THE ACQUISITION OF REAL PROPERTY, AND THE IMPLEMENTATION OF OTHER CAPITAL INVESTMENT PROJECTS, SUBJECT TO SUCH TERMS AND CONDITIONS AS MAY BE AGREED UPON BY THE LOCAL GOVERNMENT UNIT AND THE LENDER.THE PROCEEDS FROM SUCH TRANSACTIONS OTHER RELATED SECTIONS SECTIONS 298,299, 300,301,302 AND 303 LOCAL GOVERNMENT FINANCING BY GLOBAL CAPITAL COOPERATORS
  • 10. LGF GMC SECTION 298. DEFERRED-PAYMENT AND OTHER FINANCIAL SCHEMES. – SECTION 299. BONDS AND OTHER LONG-TERM SECURITIES. – SECTION 300. INTER-LOCAL GOVERNMENT LOANS, GRANTS, AND SUBSIDIES SECTION 301 SECTION 302. FINANCING, CONSTRUCTION, MAINTENANCE, OPERATION, AND MANAGEMENT OF INFRASTRUCTURE PROJECTS BY THE PRIVATE SECTOR. SECTION 303. REMEDIES AND SANCTIONS. – LOCAL GOVERNMENT FINANCING BY GLOBAL CAPITAL COOPERATORS
  • 11. LGF GMC ANNEX B THE RELEVANT REQUIIREMENTS OF THE BANKO SENTRAL NG PILIPINAS FROM THE BSP MANUAL OF REGULATIONS ON FOREIGN EXCHANGE TRANSACTIONS THE FOLLOWING SECTONS ARE COPIED FOR GLOBAL MUSLIM CAPITAL COOPERATORS AND ITS PROSPECTIVE BORROWERS TO OBSERVE AND FOLLOW IN THE IMPLEMENTATION OF THE LOCAL GOVERNMENT CREDIT FINANCING SECTION 22 GENERAL POLICY SECTION 23 LOANS REQUIRING BSP PRIOR APPROVAL SECTION 25 PROJECTS ELIGIBLE FOR FOREIGN FINANCING SECTION 26 TERMS OF LOANS SECTION 27 DRAWDOWNS/AVAILMENTS SECTION 28 REGISTRATION OF FOREIGN LOANS SECTION 29 SERVICING OF FOREIGN LOANS SECTION 30 APPROVAL/REGISTRATION AND SERVICING OF GURANTEES _____________________________________________________________________________ ANNEX C THE LENDERS’ REQUIRED FINANCIAL PLAN SIGNIFICANCE THE LENDERS’ FINANCIAL PLAN IS KEY WHEN THE LGU DECIDES TO SOURCE FUNDS FROM THE LENDERS. LIKE OTHER SECTIONS OF THE BUSINESS PLAN, THE FINANCIAL PLAN PROVES THAT THE FUND USER HAS GIVEN SERIOUS THOUGHT TO THE PROPOSED CREDIT FINANCING PROJECT--IN THIS CASE, HOW MUCH MONEY IS NEEDED TO START AND GROW THE BUSINESS, WHERE THE MONEY IS GOING TO COME FROM AND HOW THE BUSINESS IS GOING TO GET IT. THE FINANCIAL PLAN ALSO OUTLINES FOR LENDERS THE TIME IT WILL TAKE FOR THE CREDIT FINANCING BUSINESS TO BECOME PROFITABLE, AND EXACTLY HOW MUCH DEBT WILL BE ACCUMULATED ALONG THE WAY. ELEMENTS OF THE FINANCIAL PLAN A THE ARABIAN LENDERS’FINANCIAL PLAN FORMAT PRESENTS AN ITEMIZED LIST OF START-UP AND OPERATIONAL YEAR TO YEAR EXPENSES, AND DISCUSSES HOW MUCH OF THE BUSINESS'S EXPENSES WILL BE FINANCED WITH DEBT AS OPPOSED TO PROJECTED INCOME FROM THE CREDIT FINANCING SCHEME. THE PLAN PREPARES FORWARD-LOOKING FINANCIAL STATEMENTS, INCLUDING A PROFORMA BALANCE SHEET AND PROFORMA INCOME STATEMEN FOR AT LEAST FIVE-YEAR LOCAL GOVERNMENT FINANCING BY GLOBAL CAPITAL COOPERATORS
  • 12. LGF GMC PERIOD. DESCRIBE ANY AMOUNT OF PROJECTED RELENDING TO OTHER LGUS AND RELENDING TO OTHER PROJECTED BORROWERS SUCH AS THOSE FOR HOUSING POJECTS AND FOR EMPLOYEES BENEFICVIAL LOANS. IN THE FINANCIAL PLAN FOR A PERIOD WITHIN AT LEAST FIVE YEARS FOR . THE FINANCIAL PLAN ALSO DISCUSSES THE POTENTIAL FUNDING SOURCES. THE FINANCIAL PLAN FOR THE LOCAL GOVERRNMENT FINANCING SHOULD FORM PART OF THE CITY LOCAL DEVELOPMENT PLAN IN ACCORDANCE WITH THE LOCAL GOVERNMENT CODE AND THE RELATED BSP RULES AND REGULATIONS ON FOREIGN FUNDED LOANS. WHO PREPARES FOR THE FINANCIAL PLAN TO BE SUBMITTED TO THE ARABIAN LENDERS? THE PREPARATION OF THE FINANCIAL PLAN SHOULD BE DONE BY THE CITY COUNCIL AS PART OF ITS CITY DEVELOPMENT PLAN OR THE CITY COUNCIL MAY HIRE THE GLOBAL MUSLIM CAPITAL TO DO THIS SAME JOB, OR THE CITY COUNCIL MAY ENGAGE THE PROFESSIONALCONSULTING SERRVICES OF PROFESSIONALS. IN THIS CASE, THE GLOBAL MUSLIM CAPITAL IS IN AFFILIATION WITH PROFESSIONAL AND WELL KNOWN AUDITING FIRMS WHO ARE ALL FROM SYCIP, GORRES, VELAYO AND COMPANY. LOCAL GOVERNMENT FINANCING BY GLOBAL CAPITAL COOPERATORS
  • 13. LGF GMC ABDEL DIMAPUNONG ABOUT THE DEVELOPER, ABDEL DIMAPUNONG, IN A NUTSHELL email addresses: abdelparamex@yahoo.com abdelglobalcapital@gmail.com ABDEL DIMAPUNONG IS PROFESSOR EMERITUS AT THE MINDANAO STATE UNIVERSITY MAIN CAMPUS IN MARAWI CITY PROFESSOR DIMAPUNONG IS ALSO COFOUNDER OF THE INSTITUTE OF ISLAMIC,ASIAN AND ARABIC STUDIES OF THE UNIVERSITY. DIMAPUNONG ALSO SERVED THE UNIVERSITY AS UNIVERSITY CONSULTANT AND LATER DIRECTOR OF FINANCE. UNDER THE UNIVERSITY FACULTY DEVELOPMENT PROGRAM, DIMAPUNONG PUSHED THROUGH EXECUTIVE DEVELOPMENTCOURSE ON UNIVERSITY ADMINISTRATION AND MASTER IN BUSINESS MANAGEMENT AT THE ASIAN INSTITUTE OF MANAGEMENT DIMAPUNONG ALSO SERVED THE NATIONAL GOVERNMENT AS VICE PRESIDENT OF THE PHILIPPINE VETERANS INVESTMENTS DEVELOPMENT CORPORATION AND LATER AS CHAIRMAN AND CEO OF THE AMANAH ISLAMIC BANK DIMAPUNONG IS PRESENTLY CONSULTING ADVISOR TO A 500 BILLION US DOLLAR CASH AND GOLD DEPOSITOR IN RABOBANK SINGAPORE, AND A CONSULTING ADVISOR TO SEVERAL HIGH NETWORTH ARABIAN BILLIONAIRES CURRENT WORK RESUME’: INTERNATIONAL FUND TRADER MERCHANT BANKER INVESTMENT BANKER MANAGING DIRECTOR,GLOBAL CAPITAL COOPERATORS PREVIOUS WORK RESUME CHAIRMAN, UNITED CAPITAL FUNDERS FORMER DIRECTOR, ERA INVESTMENTS LIMITED, HONG, KONG; FORMER DIRECTOR, CTU INVESTMENTS LIMITED, HONG KONG FORMER CAPITAL ADVISOR, ARAMEX INVESTMENTS LIMITED, BVI COMPLETE PROFILE OF ABDEL DIMAPUNONG IS AVAILABLE UPON REQUEST BY EMAIL LOCAL GOVERNMENT FINANCING BY GLOBAL CAPITAL COOPERATORS