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Chinese couple’s assets seized over drug links

Emmanuel Tupas (The Philippine Star) - March 3, 2021 - 12:00am

MANILA, Philippines — The properties of a Chinese couple with alleged links to the illegal drug trade were seized in Pasig and Mandaluyong yesterday.

Philippine Drug Enforcement Agency (PDEA) director general Wilkins Villanueva implemented a freeze order issued by Manila Regional Trial Court Branch 37 Judge Virgilio Maracaig.

The properties are owned by spouses Liuzhou Zheng and Zhenzhen Chen.

Also present during the implementation of the order at around 1 p.m. was Mel Georgie Racela, executive director of the Anti-Money Laundering Council (AMLC).

The couple’s reported involvement in the illegal drug trade was discovered with the arrest of three suspected drug pushers who are allegedly members of their group during a sting at a mall in Pasay in March 2018 where one kilo of shabu worth P6.8 million was confiscated.

A cell phone seized from the suspects had several bank accounts, one of which belongs to Zhenzhen.

The PDEA then sought assistance from the AMLC in May 2018 for the conduct of a financial investigation on the couple.

Villanueva said 17 other condominium units in Makati and Taguig  and  21 bank accounts are included in the Manila RTC’s provisional asset preservation order dated Jan. 28, 2021.

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