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