Pagadian City mayor faces rap for alleged involvement in money scam

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06:20 PM November 26th, 2012

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November 26th, 2012 06:20 PM

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MANILA, Philippines—Justice Secretary Leila De Lima on Monday confirmed that the National Bureau of Investigation (NBI) will file a criminal complaint against Pagadian City Mayor Samuel Co for his alleged involvement in the P12-billion scam.

“There is evidence establishing the possible involvement of Mayor Samuel Co based on evidence—documentary and testimonial. He has no choice but to respond on the complaint,” De Lima said.

Co, together with 23 police and fire officers, filed complaints with the DoJ against officials of Aman Futures Group. In his complaint, he insisted that he lost P30 million to Aman.

“He may be a victim but we cannot close our eyes to available evidence both documentary and testimonial pointing to his participation or involvement in the scam,” De Lima told reporters.

Currently, there are already 9,644 complaints against Aman Futures. The Department of Justice will conduct its first preliminary investigation against Aman Futures on Tuesday.

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