The Anti-Money Laundering Council on Thursday announced more asset freeze orders are forthcoming in connection with ongoing investigations on anomalous flood control and other government infrastructure projects.
AMLC executive director Matthew David said the council has so far secured five freeze ordaers from the Court of Appeals (CA) against questionable bank accounts and assets worth P4.4 billion.
The freeze orders covered 1,632 bank accounts, 54 insurance policies, 163 pricey motor vehicles, 40 real properties, and 12 e-wallet accounts.
“Sa ngayon hindi muna pwedeng sabihin yung mga personalities involved dahil pending pa ito sa CA. Rest assured na darating ang panahon na pwedeng nang i-disclose ang mga yan (For the time being, we cannot divulge the personalities involved because the cases are still pending with the CA),” David told DZMM Teleradyo.
But the AMLC is not done yet and is set to issue more freeze orders as it continues its investigation into suspicious accounts, he added.
“Patuloy na nag-iimbestiga ang AMLC para makapag-issue pa ang CA ng freeze order (We are still investigation so that the CA can issue the freeze order),” David said.
“Definitely, there will another round of freeze orders. The fifth freeze order has just been issued. More are coming, though I cannot say if this week or next week,” David said.
The AMLC recently signed an agreement with the Independent Commission for Infrastructure to boost cooperation among agencies in the ongoing probe of anomalous flood control projects.
