Let us remember that the Executive Director of AMLC
was appointed by Duterte and has since been proactively protecting his political master,' he also said.
Accountant-lawyer Mel Georgie Racela was tasked to be the officer-in-charge of the AMLC
in February last year.
Nagsalita po ang AMLC
hindi galing sa kanila iyan at sila po ang nagsabi na mali at misleading po ang mga pigura [Senator Trillanes and Carandang said the documents came from the AMLC
Subsequently, the BOC informed the AMLC
on the possibility that CCOPC may be involved in money-laundering activities, considering that its paid-up capital was only P3.
The court's special second division gave the AMLC
five months to examine the deposits and submit its findings.
Harry Roque, counsel for the kin of journalists who died in the massacre, said "it's about time" AMLC
froze the funds and suggested it may have acted too late.
has the ability to seize terrorist assets involved in money laundering on behalf of the Republic of the Philippines after a money laundering offense has been proven beyond a reasonable doubt.
But the opposition senator questioned their denial as he pointed out the suspension of Overall Deputy Ombudsman Melchor Carandang for supposedly releasing Duterte's bank documents from AMLC
However, the AMLC
, only days later, denies that they were the ones who provided Carandang with the bank documents, nor Senator Antonio Trillanes IV who claim to have the same documents.
had long wanted a revamp of the system and rules on registration and reporting due to the surge in the number of covered persons, and thus, of their transactions," he said.
Last year, the AMLC
rejected Trillanes' request to release the President's alleged 'flagged or reported' bank transactions as this would violate the Bank Secrecy Law.
On the other hand, the AMLC
was created under RA No.