The Anti-Money Laundering Council (AMLC) has secured a fourth freeze order under the ongoing flood control probe.
This brings the total value of immobilized assets to over P4 billion.
The latest directive put the total number of frozen assets to 1,889.
This includes 1,620 bank accounts, 54 insurance policies, 163 motor vehicles, 40 real properties and 12 e-wallet accounts.
‘These freezes are real actions that stop corruption,’ said AMLC Executive Director Matthew M. David. ‘Every peso frozen is a peso that cannot be used to sustain corruption.’ /rwd