VP Binay dared to open bank accounts | Inquirer News

VP Binay dared to open bank accounts

The presumption of innocence changes in the face of strong evidence.

Sen. Alan Peter Cayetano made this statement as he once again challenged Vice President Jejomar Binay to open his bank accounts to prove that he did not steal from the country’s coffers.

“The evidence is very clear,” said Cayetano, citing the recent Anti-Money Laundering Council (AMLC) report on Binay’s alleged bank accounts.

Article continues after this advertisement

The AMLC report was the basis of a Court of Appeals order freezing the assets of Binay, his son Makati Mayor Jejomar Erwin Binay and their associates.

FEATURED STORIES

“If the Binays stole nothing, the total of P10 billion or, I think, P16 billion that the AMLC had found and the P3.3 billion withdrawn in four months, where did that come from? Did it rain money in Makati and the Binay family got all of them? Of course, that money had to come from somewhere,” he said.

According to Cayetano, the Binay camp had merely dismissed the allegations against them with general denials.

Article continues after this advertisement

“Unless the Binays allow their accounts to be opened, it’s just their word. If they want people to believe they did not steal, that the money they earned is legitimate, then they should open up their accounts,” he said.

Article continues after this advertisement

Cayetano noted that Binay had joined those calling on then President Macapagal-Arroyo and her husband Jose Miguel Arroyo to submit a waiver to open their accounts when the couple were hounded by corruption allegations.

Article continues after this advertisement

But now that the Senate wants to look into his bank accounts, Binay said it was not necessary, Cayetano said.

Binay on Monday said he did not steal from the country unlike former Vice Mayor Ernesto Mercado, his former ally who had said he would return his share of the kickbacks.

Article continues after this advertisement

He also dismissed Mercado’s challenge for him to do the same.

Binay expressed confidence he would be able to prove wrong the allegations of corruption leveled against him and members of his family.

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.

“I am very confident that we can debunk all the false, erroneous and misleading conclusions of the AMLC, which is just part of a conspiracy of the Liberal Party to unleash government agencies against my family and private individuals in their efforts to malign me,” Binay said.

TAGS: AMLC

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

Subscribe to our newsletter!

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

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.