Author Topic: Pagadian City Mayor Samuel Co Linked to Aman Scam  (Read 535 times)

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Pagadian City Mayor Samuel Co Linked to Aman Scam
« on: November 29, 2012, 08:39:22 PM »
By Lilybeth G.Ison

Malacanang Thursday said there will be no special treatment given to any personality regardless of party affiliation.

Reports said Pagadian City Mayor Samuel Co, his wife and 10 others have been charged with syndicated estafa for their alleged involvement in the so-called pyramid scam of Aman Futures Group.

The charges were filed before the Dept. of Justice on Wednesday by at least three complainants.

Co is running for Congress in the 2013 mid-term elections under the administration's Liberal Party.

Justice Secretary Leila de Lima earlier said that based on documentary evidence, Co allegedly played a role in the P12-billion pyramid scam.

Maria Dona Coyme, one of the alleged finance managers of Aman Futures group, said Co and wife Pricilla Ann Fernandes had sought investors for the group.

Co, however, insisted he was not part of the scam but a victim.

"We expect the DOJ to perform its job of identifying personalities who may be culpable for the scam," said Lacierda.

He said the charges were based "on the evidence gathered and that is the mandate of the DOJ."

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