AMLC secures 3rd freeze order vs individuals tied to flood control graft

MANILA, Philippines – The Anti-Money Laundering Council (AMLC) has secured a third freeze order against individuals tied to the flood control controversy. This latest directive builds on two earlier orders, collectively resulting in the freezing of 1,563 bank accounts, 54 insurance policies, 154 vehicles, 30 properties, and 12 e-wallets.

The third freeze order, granted by the Court of Appeals on September 30, covers 836 bank accounts. This move is part of ongoing efforts to investigate and curb illicit activities related to the controversy.
https://business.inquirer.net/550006/amlc-secures-3rd-freeze-order-vs-individuals-tied-to-flood-control-graft

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