[CLOSER LOOK] Strong law, corrupt system: How crime groups skirt money-laundering safeguards

Money Laundering Berita

[CLOSER LOOK] Strong law, corrupt system: How crime groups skirt money-laundering safeguards
Anti-Money Laundering CouncilPogosThought Leaders
  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 36 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 86%

If the government and citizens want to stop money laundering, the first step is ensuring the use of existing accountability mechanisms — and there are many — against the lords of this land

The Anti- Money Laundering Council’s appeal for new legislation to strengthen the crackdown on money launderers ignores the elephant at the center of current legislative investigations.

including Chinese national Hongjiang Yang, brother of Duterte’s economic advisor Michael Yang. These developments prompted Guo to flee the country. Guo sent hundreds of millions of pesos to family-owned QJJ Farm and QJJ Generics. These companies, in turn, used the money to pay for the power bills and other expenses of HongSheng Gaming Technology and its successor, Zun Yuan Technology.

Arpon says chasing after money-launderers is hard because the AMLC needs to establish that funds come from illegal sources and activities, and that subjects must have knowledge of this. In the case of the POGOs, blame should be placed on negligence or collusion by government and private sector frontliners.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

rapplerdotcom /  🏆 4. in PH

Anti-Money Laundering Council Pogos Thought Leaders Editors' Pick Voices

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Strong storm lashes Japan with torrential rains and strong winds on its slow crawl northeastStrong storm lashes Japan with torrential rains and strong winds on its slow crawl northeastTOKYO (AP) — A strong storm lashed southern Japan with torrential rain and strong winds Thursday, causing at least three deaths as it started a crawl up the length of the archipelago and raised concerns of flooding, landslides and extensive damage.
Baca lebih lajut »

[Closer Look] Drugs, POGOs, Quiboloy: Duterte’s tyranny at the service of corruption[Closer Look] Drugs, POGOs, Quiboloy: Duterte’s tyranny at the service of corruptionWithout Rodrigo Duterte, there would not be POGO crime hubs. Six years of tyranny had one overarching goal: instill a climate of fear to discourage inquiries into his policies.
Baca lebih lajut »

A closer look at the 2024 BMW iX1A closer look at the 2024 BMW iX1The X1 goes electric
Baca lebih lajut »

[Closer Look] Espenido, Duterte’s drug war hammer, bares rot but defends the king[Closer Look] Espenido, Duterte’s drug war hammer, bares rot but defends the kingPolice Lieutenant Colonel Jovie Espenido implicates Bato dela Rosa and the PNP in drugs but dodges when asked about extrajudicial killings, and protects the Big Boss, who screamed out the orders to kill, kill, kill
Baca lebih lajut »

Alden Richards says he and Kathryn Bernardo got closer during 'Hello, Love, Again' shoot in CanadaAlden Richards says he and Kathryn Bernardo got closer during 'Hello, Love, Again' shoot in CanadaLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Baca lebih lajut »

Chelsea Manalo wins big by keeping family close and dreams closerChelsea Manalo wins big by keeping family close and dreams closerDefining the News
Baca lebih lajut »



Render Time: 2025-02-24 23:16:02