Duterte Reveals That A Man and His Family Laundered a Total of 5.1 Billion and Is Now Being Investigated!

Duterte didn't resort to name shaming this time in his speech earlier today at the National Bureau Investigation Anniversary, as he concealed the name of a 'guy' who is believed to have laundered a total of 5.1B of drug money. This had been under the radar of Bangko Sentral ng Pilipinas (BSP) and the Anti-Money Laundering Council (AMLC). 

“Just recently, we’re digging into the records of the case and he has (formed) not really a fake corporation, but a set-up just to launder (drug) money. To date, we have the accounting of P5.1 billion (of) one family.”

He also criticized the BSP and AMLC for being uncooperative with the Department of Justice in investigating such financial transactions of suspected drug lords. This was after DOJ secretary Vitaliano Aguirre told him that both BSP and AMLC were "hard to deal with."

“I’d like to address myself to the (BSP) and the AMLC. I’d like to warn you to avoid a confrontation between us,” he said sternly.

“Don’t give me a reason to have a confrontation (with you). Make public what’s wrong there. There are millions (of pesos) stashed there in the bank which are being washed and kept there in the meantime,” he added.


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