In a statement, the AMLC said the Court of Appeals has approved the council's petition for the issuance of the order effectively freezing the assets of the persons and entities allegedly involved in human trafficking, money laundering and illicit POGO activities.
Those identified in the AMLC's petition are Guo, Zhiyang Huang and Baoying Lin.
"These individuals are suspected of orchestrating human trafficking and fraudulent activities through entities such as Zun Yuan Technology Inc., BAOFU Land Development Inc. and Hongsheng Gaming Technology Inc.," the AMLC said.
The freeze order covers a wide range of assets, including 90 bank accounts across 14 financial institutions, several real properties and high-value personal properties, including as luxury vehicles and a helicopter.
"This decisive action aims to prevent the dissipation of assets while the investigation and legal proceedings continue," AMLC said.
No plan to seek reelection
Meanwhile, Guo's camp yesterday said she has no plan of seeking reelection in the 2025 polls after she was removed from the Nationalist People's Coalition (NPC)'s roster amid her alleged links to POGOS.
Diese Geschichte stammt aus der July 12, 2024-Ausgabe von The Philippine Star.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der July 12, 2024-Ausgabe von The Philippine Star.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
ALI ind'l unit heating up cold storage business
The industrial real estate unit of property giant Ayala Land Inc is heating up its cold storage business as it looks to become a major player in the segment over the next five years.
Financial resources grow 10% as of July
The total resources of the country's financial system breached the P32-trillion level, posting a double-digit growth in the first seven months of the year, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.
Gov't urged to assist online sellers in BIR registration
Online entrepreneurs should be given proper assistance to comply with Bureau of Internal Revenue (BIR) registration requirements as the tax agency starts a crackdown on unregistered entities, an advocacy group said.
FLI diversifies into condotels
Filinvest Land Inc.(FLI) is adding the condotel business in its diverse project portfolio with the acquisition of outstanding shares in Fora Services Inc. (FOSI).
Maya, Grab team up for instant credit
Digital lender Maya Bank has partnered with Grab Philippines to offer instant credit services among eligible users, boosting Filipinos' access to financial solutions while integrating more convenience into their daily lives.
SMIC sees better H2 performance
Analysts see a stronger second half performance for the investment holding company of the Sy family.
SM Hotels taps TUV Rheinland for food safety, hygiene policies
SM Hotels and Conventions Corp.(SMHCC) has tapped testing service provider TUV Rheinland to ensure the highest standards of safety and quality for dining experiences.
Expanded regulatory power of GCG pushed
The Governance Commission on GOCCS (GCG) is expected to expand its regulatory powers once the 13-year-old law surrounding its mandate is amended.
Compliance woes stall Pag-IBIG home loan releases
The Home Development Mutual Fund, commonly known as Pag-IBIG Fund, is facing challenges in the release of its housing loans, with only a little over 50 percent of the target reached as of August.
Phl bond market slows in Q2
Philippine bond market growth moderated in the second quarter from the previous quarter due to lower government and corporate issuances, the Asian Development Bank (ADB) said.
