The AMLC ordered financial institutions and government agencies to freeze the bank accounts and assets of Guo and two other persons linked to illegal Philippine offshore gaming operator (POGO) firms.
In a radio interview, Guo’s legal counsel Stephen David said he will question the move of AMLC before the Court of Appeals after the CA 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 AMLC’s petition are Guo, Zhiyang Huang and Baoying Lin. “We will no longer question it (in the SC) since it is in the court already. What we want is due process where the Court of Appeals will allow us to explain,” David said.
He added that Guo has yet to receive a copy of the freeze order.
“We will ask for a copy as we are covered by the Data Privacy (Act). AMLC should not divulge to the public (Guo’s assets and bank accounts) even if she is a public official. There are limitations and guidelines for that,” David 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 luxury vehicles and a helicopter.
“These are all general allegations. Right now, we are evaluating why the Court of Appeals approved (the petition) to freeze (the assets and bank accounts of Guo),” David added.
At the same time, David expressed confidence that the SC will act on the petition after Guo asked the high tribunal to stop the Senate from summoning her as a resource person in the hearing investigating the illegal offshore gaming hub in her town that was recently raided by authorities.
Diese Geschichte stammt aus der July 13, 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 13, 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
Inflation forecasts cut for next 2 years
Private sector economists expect the prices of basic goods and services to grow at a slower pace this year before easing further in 2025 and 2026, according to the Bangko Sentral ng Pilipinas (BSP).
DOTr endorses terminal shakeup at NAIA
The Department of Transportation (DOTr) backs the proposal to reshuffle airline assignments at the Ninoy Aquino International Airport (NAIA), even dangling the idea of designating Terminal 3 as the new home for international flights.
Robinsons targets new segments as it ramps up acquisition mode
Robinsons Retail Holdings Inc. (RRHI) is looking to diversify into new market segments with a number of brands currently on its add-to-cart list of potential acquisitions.
Singapore-based fund to invest up to $10 M in Phl solar company
Solar firm Upgrade Energy Philippines is seeing brighter growth prospects after securing a substantial investment from Singapore-based Clime Capital Management Pte. Ltd.
PLDT Group, First Gen expand RE partnership
The leading telco and the top renewable energy (RE) producer in the Philippines have joined forces anew to energize six network facilities across Mindanao with green power.
Upward bias seen as market targets 7,000
The local market is expected to make another push toward the 7,000 level this week, fueled by the momentum gained from a slower August inflation reading.
Dollar reserves climb to $106.9 B in August
The country's foreign exchange buffer increased slightly in August, rising to its highest level in more than two years, mainly due to income generated from the Bangko Sentral ng Pilipinas (BSP)'s investments abroad.
Arvin triple-double fuels B-Pier past Dyip
Ten days removed from firing a career-high score of 51 points, NorthPort's Arvin Tolentino carved another personal milestone by netting his first triple-double in the PBA.
AMIT WORLD CHAMPION ONCE AGAIN
There are so many reasons why the Philippines is considered the billiards epicenter of the planet.
7 hurt in Kentucky shooting; manhunt underway
A manhunt was underway early yesterday as police searched for a gunman in a rural area of southeastern Kentucky near Interstate 75, according to authorities who said seven people were hurt in the shooting and a vehicle accident that accompanied the violence.