HALISTER1: MORE: Bangladesh Expects Philippines to Return $15m in a Month

MORE: Bangladesh Expects Philippines to Return $15m in a Month

(Bloomberg) -- Bangladesh expects Philippines’ Anti-Money Laundering Council to turn over within a month $15m returned by casino junket operator Kim Wong, Ambassador John Gomes says at forum in Manila.
  • Philippine court on July 7 ordered forfeiture of $15m turned over by Wong, subject to claim by any third parties: AMLC legal officer Arnold Frane
  • Bangladesh in process of producing document proving it owns $15m so it could get hold of money within a month: Gomes
  • NOTE: Wong, who’s tagged in $81m cyber heist, in May turned over to Anti-Money Laundering Council 250m pesos representing last tranche of funds he received from two Chinese nationals linked to stolen Bangladesh funds Link
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Source: BFW (Bloomberg First Word)

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