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Tag: AMLC

The truth is in the numbers

Published by Ellen on January 24, 2018
Sara duterte kisses the hand of her father during the IBP Davao chapter oathtaking on September 30, 2017. Malacañang photo by Robinson Niñal.

Take note that in the statements of Presidential Spokesman Harry Roque and Davao City Mayor Sara Duterte, they were not denying the contents of their bank accounts cited by VERA Files in its special report about the President and his daughter’s undeclared wealth.

They dismissed the story as “hearsay” because they said the bank records, where we based the report, have not been authenticated by the Anti-Money Laundering Council.

Last Sunday, VERA Files, which I am part of, released its analysis of the bank documents which Sen. Antonio Trillanes IV exposed in April 2016 comparing them with the Duterte father and daughter statements of assets, liabilities and net worth.

This is what VERA Files found out:

Continue readingThe truth is in the numbers

Trillanes to Duterte: sign waiver of bank secrecy law addressed to BPI

Published by Ellen on February 19, 2017

Pres. Duterte and Sen. Antonio Trillanes IV
Pres. Duterte and Sen. Antonio Trillanes IV

The public should be more discerning this time with President Duterte’s bluster when confronted with the issue of his BPI bank accounts which have been recipients of deposits amounting to over P2 billion from 2006 to 2015 from several sources.

News reports Friday quoted President Duterte as ordering the Anti-Money Laundering Council to give information about his “net worth.”

The news item was based on what he said at the dinner with Philippine Military Academy class of 1967, where he is an honorary member, at Baguio City Country Club. This is what he exactly said:

“Kaya ang gusto ko lang sabihin sa inyo, because it’s politics again. It’s a rehash of what they… it is pure garbage. But you know I’m President, I’ve ordered AMLC and everybody to give information sa ano ang… what’s my worth in this… in terms of pesos in this planet. So hindi ko kayo hiyain. Walang anak ko o ako mismo, sa totoo lang. I have not signed any voucher even for myself. I only receive a salary and that’s it. I do not accept my allowances – wala po ako. I avoided it. And it will be so until the end of my term.”

Continue readingTrillanes to Duterte: sign waiver of bank secrecy law addressed to BPI

May natira pa ba?

Published by Ellen on May 14, 2015

Vice President Jejomar Binay
Vice President Jejomar Binay
Or are the people, once again, left holding an empty bag?

That is the question of many people reading reports of massive withdrawals from Vice President Jejomar Binay’s alleged 242 bank accounts under his name as well as under the name of his wife former Makati Mayor Elenita Binay and son Junjun, Makati mayor. A number of the accounts are also in the name of his alleged dummies.

The amounts mentioned are mindboggling. In the Inquirer story on the report of the Anti-Money Laundering Council which was the basis for the freeze order by the Court of Appeals of suspected Binay accounts, the total amount mentioned is P11 billion since 2008.

Continue readingMay natira pa ba?