Rappler
Senators want AMLC personnel stationed in casinos to stop money laundering
The Anti-Money Laundering Council (AMLC) is investigating Department of Public Works and Highways (DPWH) officials suspected of using casinos to launder billions of pesos in public funds, particularly from anomalous flood control projects.
AMLC Executive Director Matthew David confirmed the possibility of public officials engaging in money laundering through casinos.
Following concerns raised by senators, the AMLC will consider stationing its personnel in casinos to enhance monitoring efforts.
While current laws do not require AMLC personnel in casinos, the agency is studying this proposal to improve its oversight.
Casinos are mandated to report transactions amounting to P5 million or more, but the AMLC faces challenges in analyzing the high volume of these reports.
Senator Ping Lacson previously alleged that three former DPWH officials lost P950 million in gaming between 2023 and 2025 through casino chip conversion and cashing out as winnings.
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Senate President Pro Tempore Panfilo "Ping" M. Lacson has pledged to help augment the "crumb-sized" budget of the Anti-Money Laundering Council (AMLC) and other key regulatory bodies for 2026.
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Following a request from the Department of Public Works and Highways (DPWH), the Anti-Money Laundering Council (AMLC) and the Bangko Sentral ng Pilipinas (BSP) have moved to freeze assets of officials and contractors implicated in alleged flood-control project anomalies.
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The Anti-Money Laundering Council (AMLC) assures that the Philippines faces no risk of returning to the Financial Action Task Force (FATF) gray list, despite ongoing corruption allegations involving infrastructure projects.
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Various groups, including students and religious leaders, are organizing nationwide protests against corruption on September 21.
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The Philippine Amusement and Gaming Corporation (PAGCOR) is developing an artificial intelligence (AI) tool to detect illegal online gambling platforms in real-time, with the Cybercrime Investigation and Coordinating Center (CICC), National Telecommunications Commission (NTC), and Department of Information and Communications Technology (DICT) set to partner with PAGCOR to block these sites.
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