PSBank president’s testimony at impeachment trial inaccurate - AMLC
The Anti-Money Laundering Council (AMLC) on Tuesday disputed the testimony of PSBank president Pascual Garcia III that AMLC inspected the bank records of Chief Justice Renato Corona.
“The AMLC has not conducted any audit, targeted or otherwise, of Chief Justice Corona’s deposit accounts with PSBank. The AMLC has no audit functions under the amended Anti-Money Laundering Act,” said AMLC executive director Vicente Aquino.
He also pointed out that there was no court order authorizing the AMLC to examine Corona’s bank records.
“If and when the AMLC applies with a competent court for an inquiry order, the court must first give prior notice to the account owner about a planned inquiry or examination pursuant to the ruling of the Supreme Court,” he said.
“Neither have they requested, have shown, copied, nor received any identity documents and specimen signature cards of Chief Justice Corona from PSBank or any of its branches,” Aquino added.
The AMLC executive director said the testimony of Garcia before the impeachment court “was inaccurate, misleading, and unfair.”
AMLC investigators have not been to the PSBank Katipunan branch, and AMLC could not have leaked Corona’s bank records, Aquino added. — ELR/VS, GMA News
“The AMLC has not conducted any audit, targeted or otherwise, of Chief Justice Corona’s deposit accounts with PSBank. The AMLC has no audit functions under the amended Anti-Money Laundering Act,” said AMLC executive director Vicente Aquino.
He also pointed out that there was no court order authorizing the AMLC to examine Corona’s bank records.
“If and when the AMLC applies with a competent court for an inquiry order, the court must first give prior notice to the account owner about a planned inquiry or examination pursuant to the ruling of the Supreme Court,” he said.
“Neither have they requested, have shown, copied, nor received any identity documents and specimen signature cards of Chief Justice Corona from PSBank or any of its branches,” Aquino added.
The AMLC executive director said the testimony of Garcia before the impeachment court “was inaccurate, misleading, and unfair.”
AMLC investigators have not been to the PSBank Katipunan branch, and AMLC could not have leaked Corona’s bank records, Aquino added. — ELR/VS, GMA News
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