The lawyer of Pagadian City Mayor Samuel Co on Wednesday questioned the Department of Justice’s (DOJ) proceedings that led to issuance by a court of an arrest warrant against the local executive for alleged involvement in the multibillion-peso investment scam perpetrated by Aman Futures Inc.
Pagadian City Mayor Samuel Co, who has been slapped with an arrest warrant for his alleged role in the Aman Futures investment scam, has been rarely seen in Pagadian these days but he has not been hiding, the executive’s lawyer said on Wednesday.
Justice Secretary Leila De Lima warned that anyone coddling Pagadian City Mayor Samuel Co who has a pending warrant of arrest for syndicated estafa will also face criminal prosecution.
Pagadian City Mayor Samuel Co through his lawyers on Friday contested the arrest warrant issued against him by the Iligan City Regional Trial Court.
The Iligan City Regional Trial Court has ordered the arrest of Pagadian City Mayor Samuel Co who is facing syndicated estafa in connection with Aman Futures pyramiding scheme.
Pagadian City Mayor Samuel Co has asked the court to hold the proceedings on the syndicated estafa case filed against him as well as the issuance of a warrant for his arrest and arraignment.
The Department of Justice ordered the filing of syndicated estafa case against Pagadian City Mayor Samuel Co and several others including Aman Futures founder Manuel Amalilio in connection with one of the country’s biggest pyramiding scheme.
Pagadian City Mayor Samuel Co and his wife Priscilla appeared at the Department of Justice on Tuesday to answer the allegations in the syndicated estafa cases filed against them in connection with the Aman Futures pyramiding scam.
The Department of Justice (DoJ) has already organized the body that will handle the extradition and forfeiture of assets of Aman Futures Founder Manuel Amalilio.
Even if there is no certainty when Aman Futures Group head Manuel Amalilio will be back, another complaint for syndicated estafa has been filed against him and other Aman officials in Iligan City.
Pagadian City Mayor Samuel Co insisted anew that he has no involvement in the operations of Aman Futures Investment, the company tagged in the biggest pyramiding scheme in the country.
Justice Secretary Leila De Lima assured on Monday that they will not play politics in resolving the complaint against Pagadian City Mayor Samuel Co, who is running for Congress under the President Benigno Aquino III’s Liberal Party.
One of the accused in the Aman Futures pyramiding scheme wants to become the State witness against the firm’s founder Manuel Amalilio.
