December 8, 2003
BSP CIRCULAR LETTER
TO : All Banks and Non-Bank Financial Institutions
Attached is Resolution No. 298 dated 25 November 2003 issued by the Anti-Money Laundering Council relative to the request of the Government of the United States to include the name of DAWOOD IBRAHIM in the asset freeze list under US EO 13224.
For your guidance and strict compliance. DSTCIa
(SGD.) ALBERTO V. REYES
Deputy Governor
RESOLUTION NO. 298
On November 5, 2003, the Government of the United States, through its Embassy in Manila sent a letter of even date to the Executive Director, Anti-Money Laundering Council (AMLC) relative to the inclusion of DAWOOD IBRAHIM to the asset freeze list under US EO 13224.
On November 7, 2003, the Office of American Affairs, Department of Foreign Affairs, Republic of the Philippines, sent a letter dated October 30, 2003 addressed to Hon. Rafael B. Buenaventura, Governor, Bangko Sentral ng Pilipinas conveying the request of the US Government to freeze the assets of Dawood Ibrahim.
On October 16, the United States submitted Dawood Ibrahim's name to the UN 1267 Sanctions Committee for...
