AMLC backtracks on Binay accounts – UNA
The camp of United Nationalist Alliance (UNA) standard-bearer Vice President Jejomar Binay yesterday said that the Anti-Money Laundering Council (AMLC) has flip-flopped on its petition for asset protection after acknowledging that the opposition leader has only one bank account containing P1.7 million and not billions as it had earlier claimed. The agency also asked the court two weeks ago to drop Agrifortuna and JC Binay Foundation from the petition, an admission that it does not have evidence to link these two entities to alleged illegal activities. “Last year, AMLC claimed that these two entities are the only alleged links of VP Binay to Mr. Gerardo Limlingan. But the AMLC’s recent motion constitutes an admission that it cannot prove its assertion and is mere conjecture. In short, the AMLC flip-flopped not only once, but twice,” UNA president Navotas Rep. Tobias “Toby” Tiangco said in a statement yesterday. Limlingan is Binay’s former [...]