News & Current Events

The alleged Billions of the Binays (from AMLC report)

Citing a report from the Anti-Money Laundering Council (AMLC), the Philippine Daily Inquirer reported today that “a total of Php11 billion” had been recorded in the bank and investment accounts of Vice President Jejomar Binay, his alleged dummies, and his son Makati City Mayor Jejomar Erwin “Junjun” Binay Jr. since 2008.
At one point, more than Php630 million were deposited — all in just one day — in the bank accounts of the alleged Binay dummies. The alleged dummies were named by the AMLC as Gerardo Limlingan, Mario Oreta and Bernadette Cezar Portollano, who received a combined Php630 million on October 14, 2014.
binay-amlc-billions-bank-account

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