This is the scheduled, second part of the Senate of the Philippines’ Blue Ribbon Committee hearing, prying into the alleged recent US $100 million laundering operations in the country.
Obviously, laundering or not, it has a negative effect already on the remittance activities of OFWs who have nothing to do with the alleged crime but will suffer the fallout.
At the center of the investigation is the questioned alleged participation of Rizal Commercial Banking Corporation and its branch in Jupiter (Makati City) with its manager Maia Santos Deguito and other identified names, personalities, and entities.
The alleged million dollar heist put into spotlight either the adequacy or deficiency of the country’s agency on anti-money laundering and the enabling act (law).
Senator Teofisto ‘TJ’ Guingona, presides at the hearing of the committee on accountability of public officers and investigation, and committee on banks.
This live stream event direct from the Senate of the Philippines begins at 1:00 PM, Thursday, March 17, 2016.
Latest posts by Bicol Street Journalist (see all)
- Happy Holidays Happy New Year from us to you all!! - December 28, 2018
- Why Camarines Sur rejected medical equipments solicited by VP Robredo for Calabanga - December 20, 2018
- Camalig town in Bicol wants to build an international convention center - December 14, 2018
Watching live stream of the http://cbanga360.net/2016/03/senate-hearing-alleged-us-100-million-laundering-ph-second-part/
Is she the “fall guy?” Just asking.