Bong Revilla closed 20 bank accounts after ‘pork’ scandal broke out –AMLC
GMA News Online
Kaufman, Karl 9 hrs ago
Sen. Ramon Bong Revilla Jr. closed some 20 bank accounts containing millions of pesos shortly after the pork barrel scam issue hit the headlines last year, a representative of the Anti-Money Laundering Council (AMLC) told the Sandiganbayan First Division Thursday.
“Revilla terminated his investments and bank accounts immediately before and after the PDAF (Priority Development Assistance Fund) scandal circulated in the media,†said AMLC bank investigator Leigh Vhon Santos, presenting a 63-page report on the findings of their investigation on Revilla's bank assets during the senator's bail hearing.
“We identified around 20 bank accounts and investments which were terminated in June to September 2013, which was around the time the scandal spread in the media,†he added.
Revilla, who was charged with graft and plunder in connection with the alleged scam, was accused of siphoning off millions in his PDAF allocations and channelling these to bogus non-government organizations owned by alleged scam mastermind Janet Lim-Napoles.
In his testimony, Santos, citing the AMLC report. also said that their investigation points to the likelihood that Revilla engineered a money laundering scam using kickbacks from Napoles.
“Considering the foregoing, there are indications of money laundering scheme,†the AMLC report said.
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