The Anti-Money Laundering Council (AMLC) on Friday obtained its fourth freeze order from the Court of Appeals (CA), widening the scope of assets covered in the ongoing flood control probe.
The latest directive covers an additional 57 bank accounts, 10 real properties and nine motor vehicles under the AMLC’s watch.
Earlier freeze orders have already immobilized assets valued at over P4 billion, a figure still expected to rise as the investigation proceeds.
The CA has frozen a total of 1,620 bank accounts, 54 insurance policies, 163 motor vehicles, 40 real properties and 12 e-wallet accounts to date, the AMLC said.
These assets include high-value holdings such as a luxury compound in a prime urban district, multiple high-end vehicles, virtual currencies and unit investment trust funds.
“These freezes are real actions that stop corruption,” said AMLC executive director Matthew David.
“Every peso frozen is a peso that cannot be used to sustain corruption,” he said.
 has secured a fourth freeze order from the Court of Appeals (CA), broadening the scope of assets, including P4 billion in value, covered in an ongoing flood control corruption investigation.){kind=link}