Senator Sherwin Gatchalian on Friday, July 12 disclosed that billions of alleged “unjustified” money went into the bank accounts of suspended Bamban, Tarlac Mayor Alice Guo sometime in 2019 to 2022. Gatchalian made the revelation a day after the Anti-Money Laundering Council (AMLC)...
Senator Jinggoy Estrada, Bamban Mayor Alice Guo (Facebook) Senate President Pro Tempore Jinggoy Estrada wants to get to the bottom of the money-laundering claims against controversial Bamban, Tarlac Mayor Alice Guo. In a statement Monday, June 24,...
The Securities and Exchange Commission (SEC) has filed its second money laundering case against Silverlion Livestock Trading Corp. for its allegedly illegal solicitation of investments from the public. A joint complaint was filed last June 4 by the SEC and the Anti-Money Laundering Council (AMLC)...
TACLOBAN CITY – The disbursing officer of the local government unit of Lope de Vega in Northern Samar was robbed of P1 million for the salaries of job-order employees on Wednesday afternoon, May 8, in Catarman, Northern Samar. MAP of Northern Samar with the town of Lope de Vega highlighted....
Foreign portfolio investments, often referred to as “hot money”, yielded net inflows of $377 million in the first quarter this year, a turnaround from the $328 million net outflows transacted in the same period last year, according to the Bangko Sentral ng Pilipinas. For March alone, the ...
photo: PNP The Philippine National Police (PNP) has turned over around P420,000 to a confidential informant whose...
Mandaluyong City lone district Rep. Neptali Gonzales II (Ellson Quismorio/ MANILA BULLETIN) Just scare tactics. That's House Deputy Majority Leader Mandaluyong City Rep. Neptali “Boyet” Gonzales II's counter-argument to a resource...
CABANATUAN CITY, Nueva Ecija – San Antonio, Nueva Ecija Mayor Arvin C. Salonga has offered a P500,000 reward for information that would lead to the arrest of the killers of municipal Councilor Roberto “Amang” Carpio on Thursday, February 8. SAN Antonio, Nueva Ecija welcome arch (Wikipedia)...
Sen. Mark Villar reiterated the need for the passage of the Anti-Financial Account Scamming Act (AFASA) that would, not only provide for a penalty after the fact, but one that effectively responds to or even prevent criminals from facilitating various forms of financial scams. Sen. Mark Villar...
President Marcos has set October 2024 as his administration’s target deadline to exit the gray list of the Financial Action Task Force (FATF), which leads global action in tackling money laundering, terrorist, and proliferation financing and categorizes countries according to their measures to...
The Philippines maintains its high-level political commitment in addressing the deficiencies to finally exit from the Financial Action Task Force (FATF) gray list, President Marcos said. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of PPA/ Yummie Dingding) Marcos made the statement as...
LOPEZ, Quezon – Police arrested a woman from Cavite for paying fake currency for goods she purchased in a store in the public market here on Saturday morning, December 23. The victim, Angeles Ballesteros, 70, businesswoman, sought police assistance after she was paid fake P1,000 by the...
