Tag: money-laundering

Haiti, Malta, Philippines, South Sudan put on money laundering watch list

  Haiti, Malta, Philippines and South Sudan were placed Friday on a “grey list” of countries under increased monitoring to counter money laundering and terrorist financing. The Financial Action Task Force, an international organisation that coordinates global efforts to crack down on money laundering and terrorism financing, said nations on the list are working with it to correct deficiencies in their financial systems. The additions bring to 22 the number of countries currently under increased […]

Continue Reading →

AFP, tiniyak na walang aktibong military personnel na sangkot sa pagpasok sa PHL ng ‘dirty money’

https://www.youtube.com/watch?v=-OxTMfU1E9k     Ni Moira Encina Eagle News Service (Eagle News)- Itinanggi ng Armed Forces of the Philippines (AFP) ang mga ulat na mayroon itong mga aktibong tauhan na umaakto bilang escort para makapasok sa bansa ang “dirty money” na nagkakahalaga ng bilyun-bilyong piso. Sa isang forum sa Maynila, sinabi ni AFP Spokesperson Brigadier General Edgard Arevalo na nakipag-ugnayan na sila sa Department of Finance (DOF) at Bureau of Customs (BOC) para linawin ang isyu. […]

Continue Reading →

Lacson: PHL laws vs money laundering should be updated

(Eagle News) — Philippine laws covering money laundering should be updated, Senator Panfilo Lacson said on Thursday, March 5. Lacson issued the statement in light of what Senator Richard Gordon said was the bringing in of $447 million or P22.69 billion in cash by only 46 individuals in five months. “The bringing of huge sums of money in and out of the country in past months with seeming impunity indicates the urgent need for action […]

Continue Reading →

Pres. Duterte asks DOF to probe alleged money laundering activities of Chinese nat’ls and the gov’t officials aiding them

  (Eagle News) — President Rodrigo Duterte has asked the Department of Finance to investigate the alleged money laundering of some Chinese nationals in the country, and to go after government officials who are involved in these illegal activities. Presidential Spokeperson Salvador Panelo said that the President has already tasked Finance Secretary Carlos Dominguez to probe this, after Senator Richard Gordon’s expose that at least US$447 million, equivalent to P22.69 billion, in dirty money are […]

Continue Reading →

President Duterte orders probe into allegations of money laundering vs some Chinese nationals

(Eagle News)–President Rodrigo Duterte has ordered a probe into what Senator Richard Gordon said were huge amounts of cash being brought in by Chinese nationals. Presidential Spokesperson Salvador Panelo said the probe, which takes place amid speculations the money was under an money laundering scheme , would likely be headed by the Department of Finance. Panelo also made the announcement as he revealed Bangko Sentral ng Pilipinas Governor and Anti-Money Laundering Council chair Benjamin Diokno […]

Continue Reading →

Bangladesh to sue Philippine bank over $81 million cyber heist

DHAKA, Bangladesh (AFP) — Bangladesh will Wednesday file a lawsuit in New York against a Philippine bank over its involvement in one of the biggest-ever cyber heists, the country’s central bank governor said. Unidentified hackers stole $81 million from the Bangladesh central bank’s account with the US Federal Reserve in New York in February 2016. The money was then transferred to a Manila branch of the Rizal Commercial Banking Corp (RCBC), swiftly withdrawn and laundered […]

Continue Reading →

Dating RCBC branch manager Maia Deguito, hinatulang guilty sa kasong money laundering

Ni Moira Encina Eagle News Service (Eagle News) — Hinatulang guilty ng Makati RTC Branch 149 sa kasong money laundering si dating Rizal Commercial Banking Corporation (RCBC) Jupiter Branch, Makati City Manager Maia Santos-Deguito. Ito ay may kinalaman sa 81 million dollars na nakaw na salapi mula sa bangladesh bank na idinaan sa RCBC Jupiter branch partikular ang over the counter withdrawal ng  14.3 million dollars na bahagi ng $81 million na laundered fund. Sa […]

Continue Reading →

Wife of ex-Malaysian leader charged with money laundering

KUALA LUMPUR, Malaysia (AFP) — Rosmah Mansor, the luxury-loving wife of Malaysia’s former prime minister, was Thursday charged with money laundering linked to a multi-billion-dollar scandal that helped bring down his government. The 66-year-old pleaded not guilty to 17 charges of money laundering at a court complex where her husband Najib Razak was also making a separate appearance in connection with the alleged plunder of state funds. Prosecutors sought a 10 million ringgit ($2.4 million) bail […]

Continue Reading →

Guevarra: Napoles’ daughter Jeane left PHL prior to her US indictment

(Eagle News) — Four of the five members of the family of Janet Lim Napoles who were indicted by a United States federal jury for money laundering are still in the Philippines, Justice Secretary Menardo Guevarra on Friday, Aug. 3, said. According to Guevarra, Napoles’ children Jo Christine and James Christopher, her brother Reynald Lim and his wife Ana Marie are still in the Philippines, based on Bureau of Immigration records. Napoles’ other daughter Jeane […]

Continue Reading →

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 […]

Continue Reading →

Authorities put big casinos on money-laundering watch

Agence France Presse — Authorities have said they would monitor large transactions at casinos to curb money-laundering, after proceeds from an $81 million theft were funnelled through several gambling establishments last year. President Rodrigo Duterte signed a law this week adding the gaming sector to monitored institutions. Casinos must now report to the central bank’s Anti-Money Laundering Council all transactions exceeding five million pesos (around $99,000). The law authorizes the council to obtain court orders […]

Continue Reading →

Guatemala to extradite fugitive ex-governor to Mexico

GUATEMALA CITY, Guatemala (AFP) – Guatemala will extradite Mexican ex-governor Javier Duarte for him to face racketeering and money-laundering charges after he told a court Tuesday he wanted to return home to clear his name. Duarte is known for presiding over an explosion of violence and human rights abuses in the eastern state of Veracruz from 2010 to 2016, when he abruptly resigned and went into hiding. Arrested at a lakeside resort in Guatemala in […]

Continue Reading →
1 2 3