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Pagadian City mayor faces rap for alleged involvement in money scam

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http://www.nbi.gov.ph/ photo

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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Tags: Aman Futures , money scam , Nation , News

  • http://profile.yahoo.com/AUNBI66J3EGEPMV5LFCN53OUGI JEO

    Then give the justice as soon as possible! This politicians are the number corrupt!

    • http://profile.yahoo.com/CD4WMOOZCV5OKBEUH6TSY7W27Y Ayaw ko

      ang mga may kasalanan lang dyan ay mga investors or management na involve sa pagnanakaw. WALANG KINALAMAN SI MAYOR CO DYAN! in fact, kung mapapanuod nyo ang video nung isang investor na nasa ibang bansa na, sinasabi nya na “kaya bumagsak ang kanilang negosyo (AMAN Future) ay dahil kila MAYOR at GOVERNOR. eto ah, kung talagang kasabwat nga sina MAYOR at GOBERNOR, e di dapat ang sinabi nya sana sa kanyang video ay “kasabwat sila MAYOR at GOBERNOR sa scam. pero hindi… lets open our eyes and use our logical thinking. THANK YOU!

      • http://profile.yahoo.com/AUNBI66J3EGEPMV5LFCN53OUGI JEO

        Hahaha…what a logical thinking you have! Out of radical thinking I think!. They even help the operation of this scam then what can do yo think why?

  • tata_boy

    Saan galing iyong 30M ni mayor?

    • gasyong

      He and his family own a vast of business in Pagadian City,plus a big stocks in transasia shipping line.

      • http://profile.yahoo.com/AUNBI66J3EGEPMV5LFCN53OUGI JEO

        Hahahaha! Punish them!

  • http://profile.yahoo.com/FFSZ7TIZZG47FYQFAZFIGYXKPM Pers

    from the beginning no politicians recommend to investigate the amman now they are finger pointing each other.the nbi also had not initiated the investigation.

  • zeroko

    This Mayor has committed genocide by sterilizing more than a thousand indigenous tribe in his territory. He is a Filipino-Chinese. 

  • nakawan

    That’s right Pagadian City, that’s the guy you happily and willingly voted into office :D now he’s running for his life, but hopes that by 2013 Pagadian will have forgotten the billions of pesos he stole from them. VOTE SAMUEL CO 2013!!!

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