AMLC: Freeze order on Alice Guo’s assets extended til Jan. 2025

AMLC: Freeze order on Alice Guo’s assets extended until January 2025

By: - Reporter / @luisacabatoINQ
/ 07:55 PM August 30, 2024

MANILA, Philippines — The freeze order on the assets of dismissed Mayor Alice Guo and two others has been extended until January 2025, an official from the Anti-Money Laundering Council (AMLC) said on Friday.

“Opo, na extend po ‘yung freeze order hanggang maximum of six months, so lalabas na hanggang Enero ng susunod na taon,” said AMLC Investigating and Enforcement Department Deputy Director Adrian Arpon in a press conference at the Department of Justice.

(Yes, the freeze order was extended for a maximum of six months, so it will be effective until January of next year.)

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READ: NBI findings prove Alice Guo ‘a fake Filipino’ – senators

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Last July 10, the Court of Appeal issued a freeze order on Guo’s assets due to her alleged involvement in illegal Philippine offshore gaming operators.

Among those assets are 90 bank accounts from 14 financial institutions, real properties, luxury vehicles, and a helicopter.

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READ: Alice Guo, 35 others sued for P7-billion money laundering scheme

On the same day, the AMLC, the Presidential Anti-Organized Crime Commission, and the National Bureau of Investigation filed 87 counts of money laundering cases against Guo and 35 other people.

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