julia bacay-abad - updates

Rappler's latest stories on julia bacay-abad

ARTICLE FINDER

Anti-Money Laundering Council head resigns

Jan 30, 2017 - 5:28 PM

This is not a decision that was taken lightly but I believe that this is the right time for me to voluntarily relinquish my post says Julia Bacay Abad

MORE WORK. Julia Bacay-Abad's successor will have to continue seizing the entire $81-million funds stolen from the account of Bangladesh Bank, which was coursed through the Philippines. Photo by Alecs Ongcal/Rappler

RCBC admits wrong report to AMLC on businessman Antonio Tiu

Jul 12, 2016 - 12:29 PM

Saying the damage caused by RCBC s mistake is irreparable the businessman says he will not stop until justice is served against those who wrongly accused him and his companies

LEGAL BATTLE. Antonio Tiu (L) lodges perjury complaints against Julia Bacay-Abad (R) before the Department of Justice on April 29, 2016

Kim Wong completes turnover of $15M to AMLC

May 04, 2016 - 7:05 PM

Amid legal battles casino junket agent Kim Wong keeps his promise to return some of the stolen funds in his possession

DIFFICULT TIMES. As most of his personal and corporate accounts were frozen, Kim Wong (front) says doing business has been difficult. Salud Bautista of PhilRem (back) during the continuation of the Blue Ribbon Committee hearing. Photo by Alex Nueva Espana/Senate PRIB

Antonio Tiu sues AMLC head with perjury

May 02, 2016 - 7:28 PM

In addition to the perjury raps Tiu says Bacay Abad maliciously and falsely implicated him in the alleged money laundering scheme of presidential candidate Binay

LEGAL BATTLE. Antonio Tiu (L) lodges perjury complaints against Julia Bacay-Abad (R) before the Department of Justice last Friday, April 29, 2016

Kim Wong returns another P200M to AMLC for safekeeping

Apr 19, 2016 - 12:34 PM

Kim Wong s camp returns a total of 9 8 million of the stolen funds played in Eastern Hawaii Leisure

RETURNED FUNDS. Kim Wong's company Eastern Hawaii got hold of P1 billion or $21.575 million of the stolen funds. Photo by Mark Cristino/EPA

Kim Wong returns another P38.28M to AMLC

Apr 04, 2016 - 4:42 PM

The returned money comes from the stolen funds played in Eastern Hawaii Leisure Company Limited according to Kim Wong s legal counsel

MORE FUNDS RETURNED. Kim Wong's Eastern Hawaii got hold of P1 billion or $21.575 million of the stolen funds. Photos from Bangko Sentral ng Pilipinas

6 things we know about RCBC money-laundering scam

Apr 02, 2016 - 10:00 AM

Since the Anti Money Laundering Council started its probe into the heist on February 19 a lot has happened – from confessions to resignations

UNLEASHES. More leads surface as key witness Kim Wong faces the Senate, steering authorities to the location of the stolen money and two alleged main players in the money-laundering case. Photo by Alecs Ongcal/Rappler

Bangladesh authorities head to PH to probe heist

Apr 01, 2016 - 1:24 PM

Bangladesh Ambassador to the Philippines John Gomes hopes to recover the rest of the 81 million stolen from the country s central bank

RIGHT DIRECTION. Bangladesh Ambassador to the Philippines Maj. Gen. John Gomes says the return of $4.63 million from Wong is a step in the right direction. Photo by Alecs Ongcal/Rappler

Kim Wong returns $4.63M to AMLC

Mar 31, 2016 - 7:38 PM

Kim Wong keeps his promise to return the money left in the junket operation to AMLC

PROMISE KEPT. Kim Wong tells the Senate he would return the remaining money left under the junket operation. (L-R) Second Secretary  Probash Lamarong, AMLC Executive Director Julia Bacay-Abad, Insurance Commissioner Emmanuel Dooc, Inocencio Ferrer, and BSP Deputy Governor Vicente Aquino. Photo from BSP

Casino junket operator gives new leads in Bangladesh bank heist

Mar 30, 2016 - 9:56 AM

More leads surface as key witness Kim Wong faces the Senate steering authorities to the location of the stolen money and two alleged main players in the money laundering case

DENIES. Kim Wong tells senators he does not know where the $81 million came from. Photo by Alecs Ongcal/Rappler

PhilRem, Kim Wong differ on missing $17-M Bangladesh Bank funds

Mar 29, 2016 - 8:09 PM

UPDATED Wong also vehemently denies any link to the money laundering scandal telling senators he does not know where the 81 million came from

KIM WONG. Appearing before the Senate, Kim Wong denies any links to money laundering operations. Photo by Alecs Ongcal/Rappler

Limited power restricts AMLC actions in Bangladesh Bank heist

Mar 22, 2016 - 6:33 PM

With no power to directly order freezing of accounts the Anti Money Laundering Council was unable to act swiftly on Bangladesh Bank s request

MORE TEETH. AMLC's Julia Bacay-Abad says the Philippines is not a haven for money laundering. Photo by LeAnne Jazul/Rappler

FAST FACTS: The Anti-Money Laundering Council

May 28, 2015 - 10:30 AM

The AMLC serves as the country’s financial intelligence unit which has both investigative and prosecutorial powers Get to know the agency more

Going after Napoles’ wealth

Oct 11, 2013 - 10:07 AM

What’s next after the freeze order on her bank accounts?