AMLC denies auditing PSBank
Posted at 02/20/2012 8:51 PM
Senator Teofisto "TG" Guingona III said the Anti-Money Laundering Council (AMLC) has denied auditing Philippine Savings Bank, contrary to an earlier statement made by PSBank President Pascual Garcia III. - ANC, February 20, 2012
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BSP
BSP's jerry Leal, made it too obvious before the senate committee on banks, financial institutions and currencies, that indeed he is the source of the leaked bank documents of chief justice corona. Leal is in great danger of being cited in contempt after the latter was caught between his lies during the investigation of the senate committee on banks.
during the hearing, leal was too evasive with the inquiries asked by senate president enrile intended to ferret out the truth. JPE is almost convinced that Leal was the source of the leaked bank document but is refusing to tell the truth forcing JPE to cite leal in contempt.
the acknowledgment receipts and log sheets on documents coursed through leal during the routine examination are convincing proof that leal is lying. PSBank president pascual garcia III and PSBank internal audit head emma co, who both claimed that the BSP examiner asked that he be furnished a copy of corona’s documents along with few others when he sent them an email on Nov. 25
leal during the investigation admitted that he asked for the screen shots of the accounts of chief justice corona. Garcia narrated that they provided documents to the BSP through jerry leal for compliance to the remaining queries made pertaining to the the 112 accounts in Nov. 24. this statement was corroborated by Co, who told sen. lacson that she was present when these documents were turned over.
during the investigation, it was proven that leal sent an email sometime around 8:40 a.m. on the 24th, and on around 2 p.m. of the 25th, at PS bank head office. the compliance officer had submitted the said documents upon his request.
obvious proof that there is a preparation for a conspired defense, BSP came up with four affidavits of leal. it is really hard when you get caught between your lies.
even if JPE crush leal's balls, he wouldn't dare tell the truth because this shenanigan will point to the balding man in the palace.
pnoy dictador
The bank secrecy law is clear on stating that foreign currency accounts (dollar accounts) could not be disclosed to anyone unless with the written consent of the depositor. but since corona earned the ire of the president, pnoy ordered the two branches of the government to dig up corona's bank accounts in order to black mail the latter. that is one credible thing that would justify or explain why the bank accounts of corona were exposed and fell into the hands of the prosecution.
the malacanan tenant is the one who ordered BSP and AMLC to investigate corona. to do that, BSP came up with a dept. circular that classified certain people as "PEP" or politically exposed personalities. this is all intended to give way to the witch hunt which the palace tenant orchestrated and to circumvent the law so he could get back at his perceived political foes. with the advent of such dept. circular, BSP and AMLC began a special witch hunt for PEPs who can be a subject for audits and whose accounts can be examined. this did not just put the banking industry in bad light but it has a big impact to the bank depositors. it sends a disturbing thought that this government could illegally order an investigation of the bank account(s) of anyone using BSP and AMLC's. the memo itself deeply encroach into the rights of our people. we can safely say that the law could not protect anyone who's a perceived political foe of the chief executive. the tendency of pnoy being a dictator is right in front of our doorsteps.
for the record, the two branches of the executive (BSP and AMLC) have no business investigating the accounts (dollar) of corona for two reasons. first, there is no court order to investigate the bank accounts of the chief justice. second, the law is clear in bank secrecy that all foreign currency deposits should be treated with utmost confidentiality unless with the written consent of depositor.
What the BSP and AMLC could not deny is that, they have examined the bank records of corona in PS Bank without a court order nor did they determine probable cause to start an investigation. one undeniable fact is that, the BSP auditors accompanied by certain Jerry Leal (anti-frau expert) have investigated the 1 million peso that corona won in a bank raffle. however, the million dollar question is this, why would BSP and AMLC would do a joint investigation involving the chief justice if there is no direct order from the tenant of malacanan? remember that this investigation on corona's accounts happened late last year while the president is berating the chief justice in many forums.
the tenant of the palace is hardly known to uphold, obey and defend the law. to make things worse, BSP and AMLC both vowed to execute the illegal orders of the boy from the stinky pasig river. take it from garcia, the man has more credibility than the man (?) in the palace.
PS Bank President ang t_nga
PS Bank President ang t_nga mo. Di mo alam ang batas ng banko. Kung lahat ng bank president ganyan, wlang magtitiwala sa banko nyo.
PS Bank is in trouble...hindi ka lng puede alisin sa trabaho ngayon...pero pagkatapos ng trial sigurado wla kang trabaho.
THE HISTORY OF THE TRUTH WHY?
Blog by: Gabby Rakbar
#23 Silay St., Cotabato City
mob. # 0947456345 or 0947885234
Top 10 most corrupt countries in Asia
10. Macau
9. Taiwan
8. Malaysia
7. China
6. Korea
5. India
4. Vietnam
3. Thailand
2. Indonesia
And last but not the least, the most corrupted of them all is...
1. Philippines
where!!!!!
Ferdinand Marcos was not only the most corrupt Philippine president ever, but he ranks high on the "most corrupt national leader ever" list.
&
Detainee Gloria Macapagal Arroyo -who'se facing electoral sabotage & where billions & billions of fund was used during her administrations, as well as her husband, Jose Miguel arroyo, labeled as "face of deceit, corrupt, and greed". & now Mrs. Arroyo
replaced ...
PRESIDENT PNOY AQUINO 111 - a sincere, character-driven president who has high level of integrity, honesty, and loyalty. A president who oversees the welfare of his people and the betterment of the country. Someone who has full capacity, intellectually and morally, to lead a hot-bed-of-corruption country and bring to its glorious days..
& now....
Renato Corona - the first head of the Judiciary to be impeached in the philippine history..because of Betrayal of public trust & Culpable violation of the constitution and/or graft and corruption..
KEEP UP THE GOOD WORK AQUINO ADMINISTRATION'S "WE" ARE BEHIND YOU..
MABUHAY PO KAYO!!!
PRAYER:
O, GOD May the truth will prevail & impunity not prevail. May those responsible be put aside and punished. May transparency prevail and ethics set the tune for this sad end of the year in a country so full of contrasts, God Bless Philippines AMEN.!!!
korek
Korek na korek ka dyan!!
A CRAP WRITE UP
You're propagating crap write up. Your virus is extremely dreadful. You ought to be mentally impaired individual just like your idol (ABNOY). bwahahahahhahaha