^

Headlines

Gov't wants to seize Bong's 'ill-gotten' wealth

The Philippine Star

MANILA, Philippines — Government prosecutors on Monday sought the issuance of a garnishment order to confiscate assets of detained Sen. Ramon "Bong" Revilla Jr. believed to be ill-gotten.

In an ex parte motion to the Sandiganbayan First Division, the panel of prosecutors from the Office of the Ombudsman argued that there is apparent evidence that much of Revilla's wealth amounting to P224 million was earned from kickbacks from government projects.

The prosecutors argued that amid the charge of plunder against Revilla in connection with the multibillion-peso pork barrel scam, his "ill-gotten" money, shares and properties are subject to judicial custody amid the accused's plunder charge.

Revilla is among the three senators accused of pocketing allocations from the Priority Development Assistance Funds through fraudulent organizations of businesswoman Janet Lim Napoles.

Earlier this month, the Anti-Money Laundering Council said in a testimony before the anti-graft court that at least P87.6 million of Revilla's wealth is unexplained.

READ: AMLC bares Bong's P87-M 'unexplained wealth'

AMLC said the deposits were made between April 2006 and April 2010, matching the dates specified in the testimonies of whistleblowers, who are former agents of alleged scam mastermind Napoles. - Camille Diola

vuukle comment

ANTI-MONEY LAUNDERING COUNCIL

CAMILLE DIOLA

JANET LIM NAPOLES

NAPOLES

OFFICE OF THE OMBUDSMAN

PRIORITY DEVELOPMENT ASSISTANCE FUNDS

REVILLA

REVILLA JR.

SANDIGANBAYAN FIRST DIVISION

  • Latest
  • Trending
Latest
Latest
abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with