Acting on the petition of the Anti-Money Laundering Council (AMLC), the Court of Appeals issued last week a freeze order on the bank accounts of several officials from the Department of Public Works and Highways (DPWH) and executives of construction companies.
These individuals are allegedly involved in anomalous flood control projects, prompting the AMLC to take swift action.
The AMLC admitted that, ahead of…
https://business.inquirer.net/548477/challenges-of-money-muling-probes
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