PNP, AMLC sign deal to boost fight vs laundering, terror financing | Inquirer News

PNP, AMLC sign deal to boost fight vs laundering, terror financing

/ 05:38 PM February 15, 2021

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.

ADVERTISEMENT

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.

FEATURED STORIES

“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.

PNP 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.”

TSB
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: AMLC, laundering, MOA, PNP‎
For feedback, complaints, or inquiries, contact us.
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.



© Copyright 1997-2023 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.