Wednesday, June 20, 2018
  • share this

AMLC denies probe on Corona’s bank records

/ 11:31 AM June 05, 2012

AMLC executive director Vicente Aquino addresses the media after participating in a hearing by the House Committee on Banks and Financial Intermediaries. KAREN BONCOCAN/

MANILA, Philippines – Anti-Money Laundering Council (AMLC) executive director Vicente Aquino maintained on Tuesday that they did not inquire into the bank records of ousted Chief Justice Renato Corona.

Aquino said the records were “electronically transmitted to us. We did not inquire into (his) records.”

“There was no examination,” he stressed, saying that banks automatically send transaction records to the AMLC.


“There is no need to authenticate, these are public records,” Aquino added, referring to a 17-page report that the AMLC had provided to Ombudsman Conchita Carpio-Morales.

The report was used by the Ombudsman as basis in her testimony during the impeachment trial that Corona had at least $12 million and  82  dollar bank accounts.

Don't miss out on the latest news and information.
View comments

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: AMLC, Anti-Money Laundering Council, banks, Politics, Renato Corona
For feedback, complaints, or inquiries, contact us.

© Copyright 1997-2018 | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.