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AMLC files raps vs trader, casino operator over $81-M fund heist

By: - Reporter / @TarraINQ
/ 04:08 PM March 22, 2016
Kim Wong Inquirer File Photo

Kim Wong Inquirer File Photo

MANILA, Philippines – The Anti-Money Laundering Council (AMLC) on Tuesday filed a criminal complaint against two businessmen tagged in the $81-million money laundering scandal, tagging them in facilitating the transfer of funds stolen from the Bangladesh central bank.

In a complaint filed before the Department of Justice (DOJ), AMLC accused Kam Sin Wong, also known as Kim Wong, and Weikang Xu of money laundering charges.

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READ: Kim Wong likely brains behind heist–Serge Osmeña

In the 9-page complaint, AMLC cited witness testimonies during the Senate Blue Ribbon Committee hearing on the case where Xu, a casino operator, was said to have received $30.5 million out of the funds between February 5 and 13 of last year.

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Wong, president and general manager of the Eastern Hawaii Leisure Co. Ltd., was meanwhile accused of receiving P1-billion (or $21.6 million), making several withdrawals from his personal and corporate accounts on February 10 and 11 this year.

READ: Trader tagged in $81-million money laundering scheme flees PH

Wong is said to have introduced Rizal Commercial Banking Corporation branch manager Maia Santos-Deguito to individuals who opened bank accounts through which the Bangladeshi fund was routed.

AMLC had also filed money laundering charges against Deguito on March 11.  She has been summoned to appear and answer the charges during preliminary hearings on April 12 and 19. CDG

READ: Deguito lawyer alleges AMLC, RCBC ‘cover-up’

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TAGS: Anti-Money Laundering Council (AMLC), Bangladesh central bank, Department of Justice (DoJ), hearing, Kam Sin Wong, Kim Wong, Maia Santos-Deguito, Money Laundering, RCBC, Rizal Commercial Banking Corporation, Senate blue ribbon committee
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