Quantcast

Senate will pass vital bills, assures Sotto

By , |


Senate Majority Floor Leader Vicente Sotto III. INQUIRER FILE PHOTO

Senate Majority Leader Vicente Sotto. INQUIRER FILE PHOTO

MANILA, Philippines–The Senate leadership intends to make the most out of Congress’ remaining nine session days to pass crucial measures before it goes on a three-month recess ahead of the May midterm elections, Senate Majority Leader Vicente Sotto III said on Tuesday.

“As many as possible,” Sotto said when asked how many pending bills the Senate intend to pass when it resumes its session on Jan. 21.  It will go on a break on Feb. 8 for the campaign period.

Senate President Juan Ponce Enrile has listed the amendments to the Anti-Money Laundering Act (Amla) and the antitrust bill, along with the ratification of the freedom of information (FOI) bill still pending in the House, among the measures that should be approved when Congress resumes its session.

Sotto said the upper chamber would do its best to pass the Amla amendments and the antitrust bill within this period.

Congress won’t have its next session until June 3. But it will adjourn just three days later on June 6.

The third set of Amla amendments is a priority measure of the Aquino administration but questions over the inclusion or noninclusion of specific industries among those required to reveal big-ticket transactions could stall the measure.

The Amla amendments seek to increase the covered transactions and predicate crimes that would merit the monitoring of bank accounts by the Anti-Money Laundering Council.

Sen. Joker Arroyo has warned the measure could be used by whoever controls the administration against its political opponents.

He said this was the reason a number of senators were against the measure and why it had yet to make headway in the Senate.

Arroyo also wanted banks among the institutions that would be penalized for accepting “dirty money” from launderers and other criminals.

He said it would be illogical to prosecute launderers without sanctioning the banks that accepted their ill-gotten deposits.

Several parties representing jewelers, realtors and other businesses that would be required to reveal their transactions to the government under new Amla rules were also reportedly balking at the idea.

First-quarter passage

Congress needs to pass the second round of Amla amendments by the first quarter of this year as required by the Financial Action Task Force (FATF), a global organization that monitors money transfers throughout the world as part of antiterrorism efforts.

The FATF has delayed placing the Philippines in its blacklist of “uncooperative countries” after Congress passed an initial set of amendments and officials assured it that Congress would soon approve the second round of Amla amendments that it required. The country is presently in FATF’s dark grey list.

Senate banks committee chair Sergio Osmeña III said Malacañang may have to flex its muscles and indicate its desire to have the Amla amendments approved to save the Philippines from the blacklist.

“The Palace is always the key to passing controversial bills,” the senator noted.

“We will try [to pass] the antitrust law, the amendments to the [Anti-Money Laundering Act] and some dangerous drugs amendments. [The freedom of information bill] is already finished in the Senate,” Sotto said in a text message.


Follow Us


Recent Stories:

Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.

Tags: Amla , Anti-Money Laundering Act , Congress , FOI , Freedom of Information bill , Philippine Senate , Tito Sotto , Vicente Sotto III


  • ztefertilizerscam9

    Enrile’s only son Jackie Enrile was a notorious killer who killed several people including alfie anido.
     Let us also not forget about Tito Sotto’s involvement in the Pepsi Paloma and Guada Guarin 1982 rape scandal. 

    • zeroko

      That guy also killed a Malaysian pilot who talked with local girls in the Hotel where the Malaysian pilot were checked in. The local girl must have been pretty and he feels insulted that they chicks were more interested with the pilots. 

      He followed the guy outside the Hotel when the pilot sense that trouble was brewing and shoot him cold blooded. In fact, when Jackie was in America, he also had some brawls with local Americans in the States. In short, he is better off in the boxing arena than in politics. 

      His past will always hunts him down even after so many years.

      • http://pulse.yahoo.com/_EDXEVEFHW2ZT5VWHDWBNM6XGE4 RyanE

        If the allegations are true, then that guy should be better off in jail..

  • zeroko

    Stupid Senator actor. Isn’t FOI the most important bill pending in the Legislative?

    • http://pulse.yahoo.com/_3CKTN4Y7PNDL33JQJLHP2RFJKA Piola Pascuall

       name calling na ba ngayon… HA HA HA sige enjoy mo P’re.. NEXT TIME AFTER FOI pwde ka na i-tract, pwede ka na i-trace at hulihin dahil sa NAME CALLING style mo, be ready

      • CmdrAdobo

         parang bading ka ah.

      • jseesus

        bakla..

  • kentohtan

    feeling ni sotto sa balbas at bigote nya,ang dating nya ay isang kagalang galang na senador at hindi isang suspected rapist.

  • http://profile.yahoo.com/XWH5SD6XPM3XKND6PJQQ32ZRAU Mabuhay

    Divorce Law na! ipasa na! now na! 92% plus na ang yes sa PDI survey! yehey! by d way di talaga dapat manalo yang si jackie Enrile…..killer yan at rapist…..

  • El_Gran_Capitan

    Dapat magtrabah ka Sotto at di yun patawa ka lang ng patawa at kontra ng kontra katulad ng RH Bill at Sin Tax Bill

    • http://pulse.yahoo.com/_3CKTN4Y7PNDL33JQJLHP2RFJKA Piola Pascuall

       you are killing the messenger because you cant kill the MESSAGE, give me names of 11 WOMEN DIE EVERYDAY AND I WILL PAY YOU 10k each

  • wawangpenoy

    Mga kababayan, ayan ha. Kitang-kita na kung anong klaseng maligno
    itong si Binay itim-itim at mga kaalyado nya sa UNA. Nagkukutsabahang
    suwayin ang batas(GWEN issue). This is a fine example of impunity.  Mag-isip-isip
    naman tayo. Tulungan naman natin ang bayan na makawala sa saklaw ng mga
    sakim sa kapangyarihan.

    Sa darating na 2013, parang awa na ninyo, huwag nating iboto ang
    kahit sinong kandidato ng UNA. Kung hindi ninyo maiiwasang bumoto ng UNA
    candidate, please lang, don’t vote for anyone of the ff: BINAY, ENRILE,
    EJERCITO aka ESTRADA, COJUANGCO.

    Ganun din sa LP. Huwag na tayong boboto sa VILLAR, CAYETANO, AQUINO,
    ANGARA. Basta ang apelyido ay katulad ng nakaupo ng opisyal, HUWAG NG
    IBOTO.

    Hindi na rin dapat iboto ang mga artista at mga military mutineers.
    They’re just a useless bunch wasting taxpayers money and time. Kung
    hindi din lang magpapakita ng kabobohan ay walang ginawa kundi sumipsip 
    sa kanilang mga benefactors na mga beteranong TRAPO.

    Although it’s sad to think that remaining choices from major
    political parties are TRAPOS and thieves anyway, we might find hope from
    other candidates. Read their credentials and accomplishments. There’s
    nothing to lose voting for non-TRAPOS. Even if they turn out to be
    thieves anyway, what difference does it make? At least, it will still
    take time for them learn the ropes of corruption before they can
    actually start stealing and let’s just vote them out next time they’re
    due for re-election.  But remember, TRAPOS are hopelessly corrupt and
    greedy whereas, we might just get lucky with the new comers. Newcomers
    are still idealistic and full of dreams and plans for the greater good.
    Some of them may actually be running because they are sick and tired of
    the TRAPOS and they are hopeful that they can make a difference.

    Pag nagtagumpay tayo at walang nanalo sa mga binaggit na pangalan,
    matatakot na ang mga elected officials sa mga botante. Unti-unti na
    nating maibabalik sa mga kamay nating botante ang tunay na kapangyarihan
    ng boto. And it will spell the beginning of CHANGE that we, the
    Filipino people have long been deprived of.

    The TRAPOS are also the ones perpetuating illeteracy among the poor
    dahil dito sila kumukuha ng boto dahil madali ngang lokohin ng pangako
    at biyaya. If we add up the total number of voters in Class E (dito
    kumukuha ng boto ang mga TRAPO) plus a portion of Class D mas marami pa
    ding boto and total ng Class A + B + C + a small percentage of Class D.

    BAWIIN NATIN ANG KAPANGYARIHAN NG BOTO. DAPAT ANG MGA OPISYAL NG
    GOBYERNO ANG NATATAKOT SA ATING MGA BOTANTE, HINDI TAYO ANG NATATAKOT SA
    KANILA.

    MABUHAY ANG KAPANGYARIHAN NG MGA BOTANTE!!!!!DOWN WITH POLITICAL DYNASTY!!!DOWN WITH CORRUPT TRAPOS!!!!

    KEEP THE WINDS OF CHANGE BLOWING. MALAPIT NANG MAGBAGO ANG PILIPINAS AT NASA KAMAY NATIN NAKASALALAY ANG PAGBABAGONG ITO.

    MABUHAY!!!!!!!

    • superpilipinas

      Agree. No to traditional politicians. Not again. Kung ang apelyedo eh katulad ng mga nakaupo o mga naupo noon, huwag iboto kasi walang pagbabago.

      No to political dynasties. 

  • ninerkiddo

    It’s FUNNY; anything Sotto says these days eh hindi na dapat paniwalaan. LOL

    • http://pulse.yahoo.com/_3CKTN4Y7PNDL33JQJLHP2RFJKA Piola Pascuall

      HINDI BA KATIWA-TIWALA? ikaw BAKIT KA PA RIN NANINIWALANG DAPAT PUMUNTA SA PULIS PARA HUMINGI NG SAKLOLO kapag may KRIMEN LABAN SA IYO?

  • Al Calde

    Only those involve in illegal activities are afraid of amla…no matter who u are and how big your transactions are if they are legitimate earnings you can explain this to any court if required!

    The amla is here for transparency, why can’t these law makers make it black and white to make it simple for everyone to understand and follow the rules.. These incompetent so called lawmakers are there to make it happen and yet are the first one to complain rather than study the rules!

    just likee the foi bill they are reluctant to support it and are conspiring with one another to not make it a law!

  • Carum Al Dumal

    BIG words from a narrow minded senator…



Copyright © 2014, .
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94
Advertisement
Advertisement
Marketplace
Advertisement