PNP, AMLC sign deal to boost fight vs laundering, terror financing
The Philippine National Police and Anti-Money Laundering Council sign a memorandum of agreement to boost their partnership against money laundering and terrorism financing on Feb. 15, 2021. PNP PIO
MANILA, Philippines—The Philippine National Police (PNP) and Anti-Money Laundering Council (AMLC) on Monday (Feb 15) signed a memorandum of agreement (MOA) to boost their partnership against money laundering and terrorism financing.
The MOA was signed by Gen. Debold Sinas for the PNP and Executive Director Mel Georgia Racela for the AMLC.
It would reinforce the newly-built PNP-AMLC Fusion Center, that would serve as a hub for information exchange and streamlined operations.
The center at Camp Crame, the PNP headquarters, would be inaugurated this week.
“This allows the PNP to share with AMLC the names of persons of interest and other documents, while AMLC will share vital information that may assist the PNP in its fight against criminality,” said Racela.
Article continues after this advertisementPNP deputy chief for administration Lt. Gen. Guillermo Eleazar said this would enable authorities to seize “illegal properties” of “big time syndicates especially those involved in illegal drugs.”
