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  • AMLC goes after properties tied to allegedly ill-gotten flood control funds

    AMLC goes after properties tied to allegedly ill-gotten flood control funds

    MANILA – The Anti-Money Laundering Council (AMLC) has filed civil forfeiture petitions at the Manila Regional Trial Court (RTC) and obtained asset preservation orders for properties linked to individuals and corporations involved in the ghost flood control projects. “Following the extensive investigation and finding of probable cause, the AMLC filed three petitions for civil forfeiture…