Gatchalian cites AMLC report on billions to suspended Mayor Guo's accounts

Sen. Sherwin Gatchalian cited reports from the Anti-Money Laundering Council (AMLC) that billions of pesos were transferred to suspended Bamban, Tarlac Mayor Alice Guo's bank accounts between 2019 and 2024.

Gatchalian raised concerns over why these transactions were not reported by banks in a timely manner, suggesting possible lapses or collusion with Guo.

The AMLC filed a money laundering case against Guo and her alleged accomplices before the Court of Appeals on July 10, leading to a freeze order on their assets.

Guo has 36 bank accounts, with large sums traced from China, raising suspicion due to her inability to justify these transactions.

The Court of Appeals issued a freeze order on Guo's assets along with those of fugitive Huang Zhiyang and Chinese national Lin Baoying, suspected of orchestrating human trafficking and fraudulent activities through illegal POGOs.

Gatchalian expects the Senate to issue an arrest warrant for Guo soon and confirmed that a high-ranking official from Grace Christian College verified her identity as the former student Guo Hua Ping.