UNA pins AMLC for money mess


HAD the Anti-Money Laundering Council (AMLC) not been “obsessed” with demolishing the credibility of Vice President Jejomar Binay, it could have prevented the laundering of the $81 million from the Bangladesh central bank, the United Nationalist Alliance (UNA) president said on Wednesday.

In a statement, UNA President Tobias Tiangco said the incident showed weakness on the part of AMLC, noting that it could have been averted if only the council, headed by the Central Bank governor, focused on its job instead of joining moves to discredit Binay.

“The AMLC has devoted much of its precious time looking for imaginary anomalies committed by the Vice President that it was unable to recognize an actual robbery happening right under [its nose],” he added.

It “was so busy being a tool for political persecution and harassment in the guise of running after the corrupt. [It] may as well have welcomed these thieves with open arms,” Tiangco said.

Malacañang officials distanced themselves from the controversy, explaining that the AMLC is still investigating the transfer of the money siphoned off from the Bangladesh Bank to a Makati City (Metro Manila) branch of the Rizal Commercial Banking Corp. (RCBC).

“The matter is seriously being investigated by the appropriate authorities,” Palace spokesman Edwin Lacierda said.

Communications Secretary Herminio Coloma Jr. said they could not intervene because the AMLC “is an independent agency.”

Binay claimed that the council is being used by the Aquino Administration to blacken his image with the intention of pulling down his numbers in the survey.

“Nandoon po ang continuing demolition by perception. Kasama sa programming ‘yon. ‘Yong paghahanda sa pangalawang debate. Kumana na naman sila, Ombudsman, nakikisali. Nandiyan na ang COA. Ngayon, isinunod naman ito namang si AMLC [The demolition by perception is continuing. That’s part of their programming. They’re preparing for the second debate. Now even the Ombudsman has joined the fray, also the Commission on Audit. Now they include the AMLC],” he told reporters in Vigan, Ilocos Sur, during a campaign sortie.

The Vice President’s camp lambasted the council for supposedly leaking a report to a national daily (not The Manila Times) about his alleged ill-gotten wealth when the AMLC itself has twice corrected its petition for asset protection.

The petition was filed in November last year before the Manila Regional Trial Court, admitting that the Vice President only had one bank account that contains P1.7 million, not billions, as the agency earlier claimed.


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  1. I am of the opinion that this scandal was brought about by the Chinese who wanted to destroy the credibility of the PH banking system. Where did the money end up…Hongkong!. Who were involved? .. three Chinese. Does this make sense? AMLC is doing their job and I think UNA is gravely wrong to pin AMLC on this mess. AMLC is very much capable agency, it is not perfect but their investigation of Binay does not diminish their ability to investigate other issues. By the way Binay investigation is very important for Filipino people. And Binay has also strong backing from the Chinese community.

  2. Parang nakapagtataka dito sa $81 Million binanggit na yong banko Rizal Commercial Banking Corp. bakit doon sa sinasabing kaso ni Binay ang tagal na iniimbestigan ng AMLC walang binabanggit na banko kung saan itinago ng Vice Pres. yong perang sinasabi na kinulimbat niya. Sa paghahanap ng AMLC ng pera ni Binay nalusutan sila ng mga totoong mandarambong.

  3. matino na pinoy on

    Nagpapapansin na naman si Toby, and Toby is having hallucinations again because he start pointing fingers again. It is already common knowledge to everybody and the whole world knows that the over 200 accounts with over P12 Billions in it belonged to Baloloy and Limlingan. These people the front people of JoJo Binay

    Is Toby trying to drive those investigators out of RCBC Makati ? Is he afraid that the investigators might find an evidence that lead to Jojo? My advice to Toby is to be calm and recite your prayers daily. Everything will be fine and get enough sleep.

  4. edong mapangarap on

    perhaps Mr Tiangco should advise HIM TO START SINGING!
    the most appropriate song by old blue eyes(with a few typos)


    And now, the end is near
    And so I face the final curtain
    My friend, I’ll say it clear
    I’ll state my case, of which I’m certain
    I’ve lived a life that’s full
    I traveled each and every highway
    And more, much more than this,
    I DID IT……….MY JAIL…

    Miriam would be happy to give him ‘lessons’……

  5. Nansense P. Angit on

    Well, what else is new? Binay and his STUPID followers like Tiangco and Quicho will blame everybody for whatever happens to the Philippines – be it natural or not.They will harass anybody who go against their corruption and when Morales will file all the charges against EVIL Binay, the evil UNA will just DENY it since their boss Binay is considered the denial king of all times. To the silent majority who believes that Binay is corrupt, let us continue praying to save the Philippines from Binay, Tiangco, Quicho, and other Binay followers. May the family of Binay, his lawyers, Tiangco, Tiu (Remulla already suffered) suffer the wrath of God. God is good and HE will answer our prayers to get rid of the Binays and his followers.