DOJ concludes probe on Alice Guo money laundering raps

The Department of Justice (DOJ) has concluded its preliminary investigation into 87 counts of money laundering charges against dismissed Bamban, Tarlac Mayor Alice Guo, her sister Shiela Guo, Cassandra Li Ong, and 32 others.

The complaint, filed by the Anti-Money Laundering Council, National Bureau of Investigation, and the Presidential Anti-Organized Crime Commission, alleges the respondents participated in the transfer of funds from suspected fraudulent sources.

Former mayor Guo is facing accusations involving an estimated P7 billion in fraudulent fund transfers, a significant increase from the previously reported P100 million.

The preliminary investigation is now submitted for resolution, with prosecutors set to decide whether to dismiss the charges or file cases in court.

Alice Guo, her sister Shiela, and Cassandra Li Ong submitted their counter-affidavits, while other respondents did not appear and their cases will be resolved based on the presented evidence.