Manila, Sept. 30 -- The Anti-Money Laundering Council (AMLC) on Tuesday said it has secured from the Court of Appeals another freeze order covering a broad range of assets potentially linked to individuals and entities involved in anomalous flood control projects.
In a statement, AMLC said among those frozen are 836 bank accounts, 12 e-wallets, 24 insurance policies, 81 motor vehicles, and 12 real estate properties.
The council said it is the most extensive asset freeze since the investigation into the flood control irregularities started.
"By freezing a wide range of assets - such as bank accounts, e-wallets, vehicles, and properties - the AMLC is disrupting the financial channels used in corrupt activities," lawyer Matthew David, AMLC ...