Pagadian mayor a no-show in Aman hearing

Posted at 02/07/13 4:39 PM

'Coyme wants to turn state witness'

MANILA - Pagadian City Mayor Samuel Co did not attend this afternoon's preliminary investigation hearing on the syndicated estafa charges against him and several others in connection with the multi-billion peso Aman Futures Group investments scam.

Through counsel, Co informed the special Department of Justice (DOJ) investigating panel that his counter-affidavit will be submitted on February 13.

Co was charged along with his wife, Priscilla, for allegedly duping investors into investing in Aman Futures' double-your-money scheme.

Another accused, Donna Coyme, wants to turn state witness against Aman Futures executives also charged for the alleged scam. Coyme's application with the DOJ's Witness Protection Program (WPP) remains pending.

Speaking to reporters, Coyme denied she was involved in the operations of Aman Futures.

"Tutor lang ako ng anak nina Fernando Luna kaya araw araw ko sila nakikita," she said.

Coyme said she had knowledge of the operations of the firm but said she will only discuss the information before the court.

Four cases were heard in today's hearing. The next hearing is set on Feb. 13.

Aman Futures founder, Manuel Amalilio, and the firms officers: Fernando R. Luna, Nimfa C. Luna, Lelian Lim Gan, Eduard L. Lim, Wilanie L. Fuentes, Naezelle M. Rodriguez, and Lurix Lopez Dhurwen Duron Wenceslao (also known as Dharwin D. Wenceslao and Dhurwin D. Wenceslao), the Cos, and Coyme are all facing several charges for large-scale estafa.

Some 15,000 investors were allegedly duped for a combined amount of P12 billion by the controversial firm.