(Eagle News)—The former RCBC bank manager who was found guilty of money laundering in connection with the $81-million cyberheist on Bangladesh’s central bank three years ago will appeal the decision of the Makati court.
In an interview with reporters, Demetriou Custodio, Maia Deguito’s lawyer, said his client would avail of all legal remedies.
“Right now, we are going to file a motion for reconsideration,” he said.
According to Demetriou, until the case “reaches the Supreme Court, we will continue to enjoy provisional liberty.”
He said the court also ruled the prosecution was unable to prove the missing money ended up in Deguito’s account which prompted the judge to rule she should not be made to pay the amount.
The Makati Regional Trial Court Branch 150 sentenced to four to seven years in prison for each of the eight counts of money laundering she was convicted of.
In convicting Deguito, Judge Caesar Untalan concluded “with certainty” that she “not only facilitated these subject illegal bank transactions,” but also “coordinated and corroborated to the execution and implementation of these illegal bank transactions for an easy and prompt execution for credit and transfer to the account of Mr William Go, disregarding and putting aside any obstacles and distraction including that stop payment instruction.”
