RCBC ex­ecs not yet off the hook

Manila Times - - Front Page - BY JOMAR CANLAS

IT is not yet over for the other re­spon­dents in the $ 81- mil­lion cy­ber­heist pulled off against the Bangladesh Bank in 2016.

A lower court last week con­victed for­mer Rizal Com­mer­cial Bank­ing Corp. (RCBC) bank man­ager Maia De­guito of money laun­der­ing.

The Depart­ment of Jus­tice (DoJ), how­ever, said over the week­end that there are pend­ing cases of money laun­der­ing against six other

Ac­cord­ing to Prose­cu­tor Gen­eral Richard An­thony Fadul­lon, the charges lodged in com-

Coun­cil (AMLC) against the other re­spon­dents are yet to be re­solved by the depart­ment.

The com­plaint- af­fi­davits had been filed against for­mer RCBC trea­surer Raul Vic­tor Tan, na­tional sales di­rec­tor for re­tail bank­ing Is­mael Reyes, re­gional sales di­rec­tor for re­tail bank­ing Brigitte Capiña, di­rect sales di­rec­tor Nestor Pineda, cus­tomer ser­vice head for the Jupiter busi­ness cen­ter Ro­mualdo Agar­rado

busi­ness cen­ter An­gela Ruth Tor­res.

“There is no res­o­lu­tion yet from the pre­lim­i­nary in­ves­ti­ga­tion ear­lier con­ducted on that case,” Fadul­lon told Jus­tice re­porters in a text mes­sage.

Jupiter refers to Jupiter Road in Makati City where the RCBC branch un­der De­guito is lo­cated.

sta­tus of the case so the depart­ment can as­sess pos­si­ble re­lease of the rul­ing.

be­fore we can give a timetable on when the res­o­lu­tion could be re­leased,” Fadul­lon added.

counts of crim­i­nal charges for vi­o­la­tion of Repub­lic Act 9160 or the “Anti-Money Laun­der­ing Act” against De­guito and al­leged bank de­pos­i­tors “Michael Fran­cisco Cruz,” “Jessie Christo­pher M. La­grosas,” “Al­fred San­tos Ver­gara” and “En­rico Teodoro Vasquez.”

It found prob­a­ble cause against the ac­cused act­ing in con­spir­acy and in vi­o­la­tion of Sec­tion 4F of the Anti-Money Laun­der­ing Law, after the Bangladesh Bank funds were hacked and stolen.

The DoJ, how­ever, is yet to rule on the case against RCBC ex­ec­u­tives Tan, Reyes, Capiña, Pineda, Agar­rado and Tor­res.

counts of vi­o­la­tion of the AMLA Philrem own­ers spouses Salud R. Bautista and Michael “Con­con” S. Bautista and An­thony C. Pelejo.

How­ever, pros­e­cu­tors later dis­missed the com­plaint against the Bautis­tas and Pelejo for lack of prob­a­ble cause.

The Jus­tice depart­ment has also ex­on­er­ated Filipino-Chi­nese and casino op­er­a­tors Kam Sim Wong aka Kim Wong and Weikang Xu

the charges against them “were not sup­ported by di­rect ev­i­dence but mainly by con­jec­tures and im­pli­ca­tions.”

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