Latest Stories

  • Finance chief presses easing of bank secrecy law

    Finance Secretary Carlos Dominguez pressed lawmakers to relax bank secrecy laws, which he said was setting back the government's anti-crime campaign.

  • AMLC submits 'Bilibid accounts' after Duterte rant

    MANILA - Over an hour after President Rodrigo Duterte ranted against the Anti-Money Laundering Council (AMLC) on Monday, the institution responded to the National Bureau of Investigation's (NBI's) request for records of bank transactions of certain accounts being linked to the illegal drug trade at the New Bilibid Prison (NBP).

  • Dirty money watchdog turns over bank records after Duterte threat

    Monetary authorities have submitted to government investigators bank records linked to the illegal drug trade after President Rodrigo Duterte demanded their cooperation, his justice minister said Tuesday.

  • BSP at AMLC, binatikos ni Duterte

    Pinagpapaliwanag ni Pangulong Rodrigo Duterte ang Bangko Sentral Pilipinas at Anti-Money Laundering Council kung bakit hindi siya inimbestigahan sa akusasyong mayroon siyang multi-milyong dolyar at peso account sa bangko.

  • Bangladesh hopes to recover $30 million more from cyber heist

    DHAKA - Bangladesh's central bank hopes to retrieve $30 million more of the $81 million stolen from its account at the New York Federal Reserve in February, two bank officials said on Monday.

  • Bangladesh central bank team in Manila to retrieve cyber heist funds

    MANILA - A Bangladesh central bank team arrived in Manila on Monday to work on moving back part of the $81 million stolen from its account in the New York Federal Reserve in February and sent to the Philippines, a Bangladeshi official said.

  • RCBC says nine-month net income at P3.5 billion

    Rizal Commercial Banking Corp. (RCBC) said Friday unaudited consolidated net income in the January to September period hit P3.50 billion without giving comparative figures.

  • US seeks ex-RCBC branch manager Deguito's help to crack Bangladesh heist

    MANILA - The Federal Bureau of Investigation (FBI) is negotiating with a former branch manager of a Philippines bank for information relating to $81 million that she handled after it was stolen from the Bangladesh central bank's account at the New York Federal Reserve, her lawyer said.

  • Aguirre gets AMLC report on bank accounts, eyes freeze order

    MANILA - The Department of Justice (DOJ) will turn over to the National Bureau of Investigation (NBI) its probe into the proliferation of illegal drugs inside the New Bilibid Prison (NBP) so that the NBI, an attached agency of the DOJ, can begin a fact-finding probe that will serve as the basis of the filing of cases.

  • Aguirre: AMLC documents may link drug lords to De Lima

    Justice Secretary Vitaliano Aguirre on Wednesday said he may be able to procure documents from the Anti-Money Laundering Council (AMLC) which can possibly trace the connection between drug lords and Senator Leila de Lima.