Ligot objects to opening of bank accounts


Posted at Feb 25 2014 07:00 PM | Updated as of Feb 26 2014 03:00 AM

MANILA - Former Armed Forces comptroller Lt. Gen. Jacinto Ligot has invoked the Bank Secrecy Law in objecting to the Ombudsman’s bid to have his bank deposits accessed.

In a motion, Ligot asked the court to recall a resolution allowing prosecutors to also subpoena bank officials from the Bank of the Philippine Islands, Metrobank, Rizal Commercial Banking Corp, and Citibank.

Ligot’s lawyers said the move of the prosecution is prohibited by the Bank Secrecy Law.

"The action of the plaintiff constitutes an attempt by the prosecution at an impermissible inquiry into a bank deposit account the privacy and confidentiality of which is protected alone," his lawyers said.

They said the prosecutors did not even cite exceptions in Ligot’s case.

This stems from the 11 counts of perjury charges filed last year. The Ombudsman claimed there was “deliberate assertion of falsehood” in his statements of assets, liabilities and net worth (SALN).

The lawyers said the law only allows access to bank deposits if these accounts are the subject of the case.

Two forfeiture cases were earlier filed against the ex-AFP comptroller.

His wife Erlinda, children Paulo, Riza, and Miguel, sister Miguela Paragas, and brother-in-law Edgardo Yambao were named co-respondents in a confiscation case in 2005 amounting to P135.28 million.

Another case was filed in June 3, 3012 that involved additional cash investments and bank accounts amounting to P55.6 million.