Binay dared to show bank records involving Philrem

8

VICE President Jejomar Binay should waive his right to the Bank Secrecy Law, to dispute his links to Philrem Service Corp. – a remittance company allegedly involved in the stealing of $81 million from the Bank of Bangladesh reserves from the Federal Reserve of New York.

Advertisements

Liberal Party (LP) Spokesman Edgar Erice, also a Caloocan City representative, was referring to the Anti-Money Laundering Council (AMLC) report showing that in 2014, a law firm owned by Binay sent P100 million to a Citibank, in Hong Kong, through Philrem.

Philrem is now facing investigation from various government authorities for transferring $81 million in dirty money to the RCBC Jupiter Branch, in Makati, from the Bangladesh reserves.

Binay, the standard-bearer of the opposition United Nationalist Alliance (UNA), has said that the report on his links to Philrem was merely a demolition job by his political enemies, with less than two months before the May 9 elections.

“If this is a demolition job, then the Vice President should prove it so,” Erice said in a statement. “We dare him to waive the Bank Secrecy Law and show his bank records involving Philrem – the same company that transferred millions of dollars of stolen money from Bangladesh.”

The P100 million, according to the AMLC report, was for the Three Star Phil. Company based in British Virgin Islands. The report also said that the Three Star is one of the investors in a Binay dummy company.

“It doesn’t look good on him, being the second-highest elected official of our country, to have a connection with a company involved in money laundering,” Erice stressed. “He should answer these allegations squarely, instead of evading it, again.”

During Monday’s Senate hearing, it was revealed that Philrem converted the stolen $81 million to Philippine peso when it was deposited to RCBC Jupiter Branch. LLANESCA PANTI 

LP/BF

Share.
loading...
Loading...

Please follow our commenting guidelines.

8 Comments

  1. Walang katotohanan yang mga binibintang nila kay VP Binay.. Dinidiin lang nila kasi malakas si VP Binay at wala silang makitang kasiraan kay VP Binay.

  2. Bianca Datuin on

    I believe Binay has his waiver that shows his bank records to prove that this issue is not true.

  3. Hoy maitim na mukha na bakubaku pa. yung minahan mo na sinisira ang kalikasan pati mukha mo nadamay na nasira na at bakubaku pa. Yung mga calle sa caloocan gaya ng mukha mo bakol bakol. Tang ina mo mo kupal na Epal Erice tagal mong nanungkulan sa Caloocan ngayon nasa kulelat na. Ano ba nagawa mo sa caloocan mag punta sa mga lamay sa patay at mag abuloy ng 500 pesos galing din naman sa kaban ng bayan yan na mga ninakaw mo. Alin yung mga pawilis walis sa calle ng caloocan na naka uniporme at naka picture yung mukha mong bakol bakol. lagi ka naman ganyan nang uuto ng mga mang mang. tang ina mo talunin kasana ng kalaban mo.

  4. Dakdak ka na naman.Un pagbaura mo sa kalikasan sa illigal mining ninyo ni guttierez ang ipaliwanag mo muna gago.

  5. Instead of appealing for people to answer allegations why doesn’t some agency investigate and charge people found to have committed a crime you know like they do in real countries.

    In the Philippines accusations drag on for years and taking 15 or 20 years to convict.
    The justice system is a joke.