Reds’ bank accounts ordered frozen–doj

JUSTICE Secretary Menardo I. Guevarra disclosed last Sunday that the Anti-money Laundering Council (AMLC) has issued a freeze order covering suspected bank accounts of the Communist Party of the Philippines and its armed group the New People’s Army (CPP-NPA).

Guevarra said the order was issued last December 23 by AMLC Executive Director Mel Georgie B. Racela.

However, Guevarra could not provide further details on the bank accounts and number of bank accounts covered by the freeze order.

The freeze order came after it was announced on Christmas Day that the Anti-terrorism Council ( ATC) designated the CPP- NPA as a terrorist organization.

Guevarra is a member of the ATC and headed the technical working group that crafted the implementing rules and regulation of the Anti-terrorism Law.

ATC Resolution 12, dated December 9, said it found probable cause that the CPP-NPA committed or conspired to commit terrorist acts as prescribed by Republic Act 11479 or the Anti-terrorism Act of 2020.

President Duterte issued a proclamation in 2017 declaring the CPP-NPA as a communist organization under RA 10168 or the Terrorism Financing Prevention and Suppressing Act of 2012.