Thursday, April 6, 2017

AMLC rejects Senator Antonio Trillanes Request

The Anti-Money Laundering Council (AMLC) has rejected the request of Sen. Antonio Trillanes IV to release the alleged bank transactions of President Rodrigo Duterte, saying it would violate the Bank Secrecy Law.

Here is the letter of AMLC to Trillanes “We regret to inform that your request, which necessarily includes transactions on President’s bank accounts, is not allowed under Republic Act No. 1405 or the Bank Secrecy Law,” dated March 29, 2017, a copy of which was furnished to reporters by the Senator Trillanes.

Here is the link of the AMLC Letter: Click here

Also one reasons why AMLC rejects Senator Trillanes request it is because the Senator has no authority Walang authority to summon the records of AMLC. That doesn't need explaining.

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