Jailbreak, kidnap attempts eyed in Paranaque jail blast | ABS-CBN

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Jailbreak, kidnap attempts eyed in Paranaque jail blast

Jailbreak, kidnap attempts eyed in Paranaque jail blast

Agence France-Presse

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10 inmates died at the Paranaque city jail after a riot erupted on Aug 12, 2016. Vincent Go, ABS-CBN News

MANILA - Ten prisoners in the Philippines were killed when a suspected jailbreak and attempt to kidnap the warden went wrong in a Manila suburb, authorities said Friday.

The prisoners, including two Chinese, were meeting with the warden of the Paranaque City jail in his office when the explosion occurred on Thursday evening, killing the inmates and wounding the warden, said national jail service spokesman Senior Inspector Xavier Solda.

The blast comes as Philippine President Rodrigo Duterte wages a drug war, resulting in the killing of hundreds of suspected drug dealers and the arrest of thousands more, packing overcrowded jails.

Preliminary investigations showed the explosion was caused by a grenade, with a pistol also recovered from the scene, Solda told reporters.

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"The initial investigation is that it was a possible jailbreak and hostage-taking," he added.

Solda described the dead men as high profile inmates, adding that eight of them, including the two Chinese, were linked to illegal drugs while the two others were jailed for robbery.

He said the inmates had asked to meet the warden but it was unclear why he did so without personal guards.

"The only one who can clear this up is the warden but he is in the hospital and may need an operation," Solda said.

© 1994-2016 Agence France-Presse

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Palace expects boost in PH investments after removal from dirty money ‘gray list’

Palace expects boost in PH investments after removal from dirty money ‘gray list’

Katrina Domingo,

ABS-CBN News

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Malacañang expects an increase in foreign direct investments after the Philippines was removed from the Financial Action Task Force’s (FATF) grey list earlier this week. 

The Philippines was removed from the list of nations flagged for weak anti-money laundering safeguards after the FATF acknowledged that the country was able to “meet the commitments in its action plan regarding the strategic deficiencies that the FATF identified in June 2021.”

“Our well-earned exit from the Financial Action Task Force’s (FATF) grey list boosts our drive to attract job-creating, growth-inducing foreign direct investments,” Executive Secretary Lucas Bersamin said in a statement.

“This seal of good financial housekeeping benefits overseas Filipinos as it would make cross-border transactions faster and cheaper as layers of compliance barriers are removed,” he said.

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Bersamin credited the country’s exit from the grey list to the “multiple moves made” the administration pushed to “finally dismantle structures that could be exploited by money launderers and terrorism financiers.”

“For so long, our investment attractiveness has been dragged down by this dirty money haven label,” the Executive Secretary said.

“This hard-fought administration win in its battle against money laundering will be preserved and protected through consistent compliance with global standards.”

The Anti-Money Laundering Council (AMLC) earlier said that “the exit will reduce international fund transfer requirements, benefitting Filipino individuals and businesses.”

Bangko Sentral ng Pilipinas (BSP) Governor and AMLC Chairman Eli Remolona, Jr. called the feat a result of “strong cooperation” between the government and the private sector.

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