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(Eagle News) – Macau-based tycoon Jack Lam has “payables” to the Philippine Amusement and Gaming Corporation (PAGCOR) amounting to P13.9 billion. This was according to PACGOR assistant vice-president, actor Arnell Ignacio. Ignacio said that Lam has a “lifetime” contract with PAGCOR where he was only required to remit one percent of his earnings, but lately they were requiring him to pay 10 percent of his profits. He said that Lam and PAGCOR were already […]
QUEZON City, Philippines – The group Volunteers Against Crime and Corruption filed criminal charges against online gambling tycoon Jack Lam at the Department of Justice. The VACC accused Lam of violating the 40% foreign ownership requirement in corporations in connection with Lam’s alleged ownership of Fort Ilocandia in Laoag, Ilocos Norte. https://youtu.be/1o4YLAngcj4
QUEZON City, Philippines – In his speech during the anniversary of the National Bureau of Investigation, President Rodrigo Duterte ordered that all online gambling activities and firms to be closed and shut down as such activities do not benefit the country. Duterte also reiterated his order of arresting online gambling tycoon Jack Lam due to tax evasion.
(Eagle News) — Retired police official Wally Sombero filed a graft complaint before the Office of the Ombudsman against two deputy commissioners of the Bureau of Immigration for allegedly extorting money from Chinese gambling tycoon Jack Lam. Sombero filed the graft complaint against immigration commissioners Al Argosino and Michael Robles for bad faith, manifest partiality and gross inexcusable negligence for causing undue injury to government, punishable under Section 3(e) of the Ant-Graft and Corrupt […]
(Eagle News) — Justice Secretary Vitaliano Aguirre on Wednesday (December 14) sacked the acting chief of the Bureau of Immigration’s Intelligence Division chief Charles Calima Jr. Aguirre removed Calima after two Immigration deputy commissioners had claimed that Calima also got money from Chinese businessman and online gaming operator Jack Lam. The Department of Justice chief also said he would not change his recommendation to immediately remove from government service the two BI deputy commissioners […]
(Eagle News) — Two deputy commissioners of the Bureau of Immigration officials went on a 30-day leave of absence to give way to the probe of the National Bureau of Investigation on their alleged extortion attempt on Chinese gambling operator Jack Lam. Immigration associate commissioners Al Argosino and Michael B. Robles allegedly tried to extort P50 million from Jack Lam in exchange for the release of 600 of the more than a thousand arrested Chinese […]
(Reuters) — Philippine President Rodrigo Duterte said on Thursday (December 8) he would allow Jack Lam, one of Asia’s top casino kingpins, to do business in the country after he had ordered his arrest on charges of economic sabotage and bribery. Duterte said he would allow the casino boss to come back to the Philippines if he settles his liabilities, pays his taxes and apologises for allegedly bribing an official. Lam, from the Chinese […]
