Tag: Anti-Money Laundering Council

President Duterte signs law strengthening Anti-Money Laundering Act

(Eagle News)–President Rodrigo Duterte has signed a law  giving the authorities more power to run after suspected money launderers, thereby strengthening the Anti-Money Laundering Act, With the signing of Republic Act No. 11521, the Anti-Money Laundering Council is empowered to issue subpoenas and probe “suspicious transactions” and to “preserve, manage, or dispose assets pursuant to a freeze order, preservation order, or judgment of forfeiture.” The list of covered persons was also expanded to include real […]

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SC upholds Sandiganbayan decision to include AMLC report in Jinggoy Estrada plunder case

(Eagle News)–The Supreme Court has upheld the Sandiganbayan’s decision to allow the use of the Anti-Money Laundering Council inquiry report on alleged pork barrel scam  transactions in the plunder case against   former Senator Jinggoy Estrada. In an 11-page resolution penned by Justice Lucas Bersamin, the High Court junked Estrada’s petition for certiorari, prohibition, and mandamus assailing the denial of the Sandiganbayan of his motion to suppress/exclude the report, calling the same moot and academic. In doing so, […]

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Bank accounts ni CJ Sereno, ipapabusisi ng Kamara

MANILA, Philippines (Eagle News) — Ipabubusisi umano ng Kamara ang mga bank account ni Supreme Court Chief Justice Maria Lourdes Sereno. Yan ay sakaling umabot na sa Senado ang impeachment laban kay Sereno na inaakusahang hindi umano nagdeklara sa kaniyang Statement of Assets Liabilities at Net worth (SALN) ng tunay na yaman at mga ari-arian nito. Ayon kay Ako-Bicol Partylist Representative Alfredo Garbin, isa sa ikinukunsiderang maging miyembro ng panel of prosecutors. Hihilingin nila sa […]

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Escudero: President Duterte may not be summoned if hearing on his “bank accounts” pushes through

Davao City Mayor Sara Duterte-Carpio, however, may be asked to attend, Escudero says (Eagle News) — President Rodrigo Duterte may not be asked to attend  a hearing on his “bank accounts” if that pushes through, Senator Francis Escudero said on Monday. Escudero, chair of the the Senate committee on banks, financial Institutions and currencies, said this was because compelling a President to do the same could result in a “constitutional crisis.” According to Escudero, the president’s […]

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Palace charges Deputy Ombudsman Carandang for “grave misconduct” and dishonesty, suspends him for 90 days

(Eagle News) – Overall Deputy Ombudsman Melchor Carandang has been formally charged with grave misconduct and grave dishonesty, and has been placed under a 90-day preventive suspension for leaking alleged bank documents that had been denied by the Anti-Money Laundering Council (AMLC) Presidential spokesperson Harry Roque announced this in a press conference on Monday, January 29, in connection to his action of releasing alleged bank documents concerning supposed accounts of President Rodrigo Duterte. These allegedly […]

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Duterte denies knowing Daniel “Snooky” Cruz; says the Snooky he knows are the actress, the “one in comics”

(Eagle News) —President Rodrigo Duterte on Wednesday denied knowing the person Senator Antonio Trillanes claimed to be the chief executive’s source of the senator’s “fake” bank accounts. “Ang kilala kong si Snooky ay yung artista at sa comics,” Duterte said in a media briefing when asked if he knew Daniel “Snooky” Cruz. Trillanes had claimed Cruz had sold the “fake” information to Malacanang, which paid P10 million for it. The senator said the P3 million […]

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Duterte names alleged source of supposed bank documents attached to Trillanes’ complaint vs him

(Eagle News) — President Rodrigo Duterte on Wednesday named the source of the supposed bank documents attached to Senator Antonio Trillanes’ complaint against him. Duterte said it was “Abad” of the Anti-Money Laundering Council who gave the documents to the senator, who then gave the same to Deputy Ombudsman for Mindanao Rodolfo Elman. Elman, Duterte said, then gave the same to Overall Deputy Ombudsman Arthur Carandang. Carandang, who said he has been given the go-signal […]

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SolGen Calida: “Black ops” ongoing vs President Duterte

(Eagle News) — The Office of the Solicitor General on Wednesday said there were ongoing “black operations” against President Rodrigo Duterte. In a press conference, Solicitor General Jose Calida said the operations “began as color yellow,” and were now “white” and even “red.” “One, the political losers can’t accept they lost. It’s a matter of political lust. They want to regain again their power,” he said, without naming names. He said those behind the “black […]

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Duterte accuses Deputy Ombudsman of “lying to his teeth” amid AMLC denial it gave Duterte family bank records to the anti-graft body

President Rodrigo Duterte on Saturday night accused Deputy Ombudsman Melchor Arthur Carandang of “lying to his teeth” and “waving fabricated evidence.” President Duterte made the accusation after the Anti-Money Laundering Council itself denied it had provided the Ombudsman with a report on the Duterte family’s bank transactions, as claimed by Carandang. Carandang said in an interview that the report was used as a basis to launch a probe on the President’s family wealth. “Waving fabricated evidence, […]

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President Duterte: Trillanes closed bank accounts containing money “possibly used to destabilize gov’t” before signing waiver

(Eagle News) — President Rodrigo Duterte on Friday said Senator Antonio Trillanes IV closed his bank accounts and transferred the money–which he said was “possibly” used to “destabilize” the government— to other individuals before signing a waiver and going to Singapore to supposedly check those accounts. In an interview over state-run television, Duterte said Trillanes was able to close the accounts online at 10 p.m., on  September 8. Although the President did not say what these […]

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Panelo tells Ombudsman to follow rules on disclosure regarding ongoing probe on alleged Duterte accounts

QUEZON City, Philippines (Eagle News) — Chief Presidential Legal Counsel Salvador Panelo reminded Over-All Deputy Ombudsman Arthur Carandang to follow the Office of the Ombudsman’s own rules regarding premature disclosures of ongoing investigations of the Ombudsman, particularly the probe on the alleged bank account of President Rodrigo Duterte. Chief Presidential Legal Counsel Salvador Panelo said that Carandang forgot that the Ombudsman’s own regulation prohibited premature disclosure of its investigations. Panelo explained that this will not […]

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AMLC denies giving report on Duterte family bank records to Ombudsman;Adds Trillanes complaint vs Duterte has “wrong, misleading” figures

(Eagle News) — The Anti-Money Laundering Council denied on Thursday that it had provided the Ombudsman with a report detailing the transactions of bank accounts President Rodrigo Duterte allegedly jointly owned with his children from 2006 to 2016. In making the denial, the AMLC effectively belied what  Deputy Ombudsman Melchor Carandang was reported as saying—that the anti-graft body received the report that was used for a fact-finding probe into the President’s family wealth from the […]

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