AMLC sues 2 businessmen tagged in money laundering scheme
MANILA, Philippines — The Anti-Money Laundering Council (AMLC) on Tuesday filed charges against two businessmen in connection to the $81-million money laundering scheme.
Businessmen Kam Sin Wong (Kim Wong) and Weikang Xu are facing money laundering charges before the Department of Justice (DOJ).
RCBC branch manager Maia Santos-Deguito earlier claimed that Wong was the one who introduced her to the five individuals who opened suspicious dollar accounts in the bank.
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Sen. Serge Osmeña said that Wong might be a "major player" in the money laundering scandal.
Philippine Remittance Co. (Philrem) owner Salud Bautista claimed that they had delivered P600 million and $18 million in cash at Solaire Resort and Casino between February 5 to 13 to Xu, who “is not a junket operator but a mere gambler.”
The DOJ had issued a subpoena against Deguito and the AMLC to attend the preliminary investigation for the case which is set on April 12 and 19.
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