Senator Antonio Trillanes IV reiterated his call on Monday for an investigation against an official of the Philippine Stock Exchange (PSE), who is allegedly being used to launder money.
Trillanes directed his call to the PSE, Securities and Exchange Commission (SEC), and the Anti-Money Laundering Council (AMLC) on the heels of the Senate blue ribbon committee’s ongoing probe on the alleged $81 million money laundering scheme.
The senator earlier wrote the AMLC, SEC, PSE, and the Bureau of Internal Revenue (BIR), requesting them to investigate the respondents in the so called “University of Makati (UMak)– College of Nursing Scam.”
READ: Trillanes seeks probe of UMak
Among those charged with plunder, malversation of public funds, graft and corruption and violation of the Government Procurement Reform Act at the Office of the Ombudsman last September 2015 for allegedly diverting public funds intended for the University of Makati to Philippine Healthcare Educators, Inc. (PHEI) are Vice President Jejomar Binay and son former Makati City Mayor Jun-Jun Binay, UMak President Tomas Lopez, and certain private individuals, including officials of STI Holdings, Inc. led by its chairman and PSE Director Eusebio “Yosi” Tanco, STI President Monico Jacob, Annabelle Borromeo, and Dr. Jack Arroyo Jr.
Trillanes noted that only BIR Commissioner Kim Jacinto-Henares has so far stated that she would act on his request and pursue a formal investigation on the said individuals.
“I am willing to give AMLC the benefit of the doubt considering that their work requires utmost confidentiality. However, the PSE and the SEC seem to be deafeningly silent on this important matter, which directly involves PSE Director Yosi Tanco,” the senator said in a statement.
“If I am not satisfied with the action of the SEC and the PSE in this regard, I will not hesitate to call for a Senate inquiry so this matter can be closely examined and investigated fully for us to be able to enact remedial legislation to protect the interest of the investing public,” he further said.
It was Trillanes who initiated the Senate probe against the Binays in connection with the allegedly overpriced Makati City Hall parking building. JE
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