Monday 17 December
May 11, 2018 @ 18:05

AMLC freezes 20 bank accounts of Parojinog family

 

Did all these come from their supposed drug deals?

The Anti-Money Laundering?Council (AMLC)?secured the go signal from the Court of Appeals to freeze multiple bank accounts and investments under the names of former Ozamiz City Vice Mayor Nova Parojinog and brother Reynaldo Parojinog Jr.

Abante reported that the court granted the AMLC?s request for a freeze order on Wednesday, May 9 pending investigation into the family?s millions.

The order covers more than 20 bank accounts, insurance policies and other investments.

These include accounts under BDO, Land Bank of the Philippines, Bank of the Philippine Islands, Philippine National Bank,?Union?Bank of the Philippines, Rizal?Commercial Ban?king?Corporation,?China?Banking Corporation,?Metropolitan?Bank & Trust?Company, Philippine Savings Bank, Philippine Business Bank, Inc, 1st Valley Bank sa Cagayan de Oro City, First?Consolidated?Bank, and BPI Family Savings Bank.

Investments under Metrobank Card, BPI-Philam,?Prulife?of?UK, Sun?Life?Grepa,?Sunlife Financial?and Toyota?Financial can not also be withdrawn or moved under the court order.

The Parojinogs have been tagged by President Duterte as narco-politicians, who peaked when their father Mayor Reynaldo Parojinog died during police operations in July 2017.

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