Senator Richard Gordon disclosed on Tuesday that the inaction of the Anti-Money Laundering Authority (AMLA) allowed Chinese and Filipino people to take approximately 447 million dollars in cash to the country from September 2019 to February 2020.
Gordon revealed that bundles of 100 dollar bills were stashed in travel luggages that blindsided Bureau of Customs (BOC) airport personnel who “tolerated” the operations in exchange of bribe money.
Finance Secretary Carlos Dominguez III said on Tuesday that President Rodrigo Duterte ordered a probe of the “dirty” money that entered the country set on Thursday.
Dominguez disclosed Duterte “confirmed the recommendation to have the BOC and AMLC to vigoriously investigate and enhance monitoring” of the excessive foreign money inflows.
Gordon cited BOC records and showed Simon John G. Rodriguez, held by BOC officers, for not declaring having 700,000 dollars in cash stuffed in his hand-carry luggage in NAIA Terminal 2.
He added Elizabeth Rodriguez was able to bring 37.7 million dollars as some 45 individuals, mostly Chinese nationals, brought in as much as 5 million dollars each.
Senator Gordon stressed that just because a person declared how much he brought in the country does not mean he is not a “money-launderer,” as he said that the governement should know just “who is benefiting” from this scheme.