HALISTER1: Casino Junket Operator in $81m Heist Returned 200m Pesos: Abad

Casino Junket Operator in $81m Heist Returned 200m Pesos: Abad

(Bloomberg) -- Casino junket operator Kim Wong, who’s tagged in $81m cyber heist, turned over to Anti-Money Laundering Council 200m pesos more of funds he received from a Chinese national linked to stolen Bangladesh funds, AMLC Executive Director Julia Abad says at Senate hearing in Manila.
  • Wong’s Eastern Hawaii turned over fund for safekeeping: Abad
  • Wong says 200m pesos is part of 450m pesos he promised to return within a month
  • NOTE: Wong on March 29 told lawmakers he’s willing to return as much as $14.3m Link
  • Bangko Sentral ng Pilipinas seeks higher penalties for erring banks, 30,000 peso/day penalty per violation small, Deputy Governor Nestor Espenilla says at hearing
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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Nestor Espenilla (Bangko Sentral ng Pilipinas)

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