AMLC Seeks Forfeiture of Assets Tied to Flood Control Corruption Scandal
The Anti-Money Laundering Council (AMLC) has filed three petitions for civil forfeiture against assets allegedly linked to a flood control corruption scandal, following six months of investigations and freeze orders. This action comes as a top executive at the AMLC previously stepped aside amid the ongoing probe.
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AMLC seeks forfeiture of assets tied to flood control scam
The Anti-Money Laundering Council (AMLC) has filed three petitions for civil forfeiture against assets allegedly linked to the flood control corruption scandal, following six months of investigations and freeze orders. In a statement, the council said the petitions cover assets of individuals and entities earlier placed under freeze orders issued by the Court of Appeals.
By NewsPublish
Read full article →AMLC exec steps aside amid flood control probe
The Anti-Money Laundering Council is undergoing a leadership transition as it continues to pursue one of its largest investigations in recent years, involving alleged corruption in flood control projects.
By Keisha Ta-Asan
Read full article →Coverage Timeline
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