spot_img
29.2 C
Philippines
Friday, May 10, 2024

Justice to consolidate three laundering cases

- Advertisement -
- Advertisement -

All three complaints filed by the Anti-Money Laundering Council arising from the $80.9 million stolen by hackers from the Bangladesh Bank and laundered to the country will be consolidated, a Justice official said on Wednesday.

Prosecutor General Claro Arellano, head of the Department of Justice’s National Prosecution Service, stressed that the latest charges of money laundering against PhilRem Service Corp. would be consolidated with the first two similar charges filed by AMLC against former RCBC branch manager Maia Santos-Deguito and businessmen Kam Sin Wong  alias Kim Wong and Weikang Xu.   

“Yes, the latest AMLC complaint will also undergo preliminary investigation and will be consolidated to the first two related cases [against Deguito and Wong],” Arellano said   in a text message   to reporters. 

The Justice official said the complaint against PhilRem president Salud Bautista, chairman of the board and treasurer Michael “Concon” Bautista and anti-money laundering compliance officer Anthony Pelejo filed last month would be referred to Asst. State Prosecutor Gilmarie Fe Pacamarra for hearing and resolution.   

Arellano said a separate subpoena would be issued in the next few days  requiring the PhilRem officers to appear before the prosecutor and   answer the charges of money laundering under Section 4 of the   Anti-Money Laundering Act.   

- Advertisement -

In its 17-page complaint filed last April 27, the AMLC alleged that  PhilRem officers were part of the conspiracy to launder the stolen   money after investigation showed that  $61 million was eventually converted and transferred to PhilRem’s peso account at the   RCBC-Unimart Greenhills branch.   

Pacamarra is already hearing the earlier complaints against Deguito   and Wong filed last March and has set the next hearing on   June 7.   

Deguito denied the charges and filed with the   prosecutor her counter-affidavit last May 3. She asked the DoJ to   dismiss the charges for lack of probable cause.   

She denied the allegation that she facilitated the laundering of the   stolen money, insisting that it was former RCBC president Lorenzo Tan   who ordered her to open the four fictitious accounts where the $80,884,641.63 stolen by hackers from the Bangladesh Bank went.   

The former manager of the bank’s branch in Jupiter Street in Makati   City stressed all the transactions in her branch had the approval of Tan, claiming that she is only being used as scapegoat by the bank officials to avoid criminal liabilities.   

Wong, for his part, has yet to answer the AMLC complaint, which   alleged that $21.6 million of the laundered money went to him. The   businessman has already returned the money to the government.   

Xu, on the other hand, has not appeared in the DoJ hearing, nor did he   send a lawyer. A total of $59.2 million from the laundered money allegedly went to him. 

 

- Advertisement -

LATEST NEWS

Popular Articles