November 6, 2013
AMLC RESOLUTION NO. 107-A-13
In its Memorandum dated 05 November 2013, the AMLC Secretariat (AMLCS) reported to the Council that:
In view of the following investigative triggers, the Compliance and Investigation Group (CIG) conducted a financial investigation:
1. A publication on the website of GMA Network, (www.gmanetwork.com), on 6 January 2012, regarding the arrest of Jerry T. Rosal by the operatives of Regional Anti-illegal Drugs Special Operations Task Force (RAIDSOT07) in Cebu City.
2. Letter dated 30 January 2012 from Gladys F. Rosales, Chief, Anti-Money Laundering Desk, PDEA, requesting the AMLCS to conduct financial investigation on the accounts of Jerry T. Rosal and Walter N. Villa. Rosal.
3. Letter dated 24 April 2012 from Gladys F. Rosales requesting the AMLCS to conduct financial investigation on the accounts of Emma C. Lu, Baoling Foreign Exchange, Sarah L. Jessica, Sally Ang Nina, and Crystalline Trading. Bank documents under their names were recovered in a series of anti-drug operations conducted by PDEA.
4. Letter dated 11 June 2012 from Gladys F. Rosales requesting the AMLCS to conduct financial investigation on the...
