MORE: Philippines, Bangladesh Officials to Discuss Fund Return
Source: BFW (Bloomberg First Word)
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(Bloomberg) -- Senators, Anti-Money Laundering officials and Bangladesh envoy John Gomes to meet on Wednesday to discuss return of fund that is part of bigger $81m stolen from Bangladesh central bank, Gomes tells reporters after Senate hearing in Manila.
Alert: HALISTER1- “What was very clear was we were receiving money on behalf of our government from Kim Wong through his lawyers and I signed for it,” Gomes says; referring to casino junket operator who turned over equivalent of $5.46m to Anti-Money Laundering Council
- Embassy in Manila already processing return of stolen funds to Bangladesh through Standard Chartered Bank account
- Wong, at today’s hearing, asked for 15-30 days to raise 450m pesos more, which was paid to him by one of 2 Chinese nationals tagged in cyber heist
- AMLC Executive Director Julia Abad says Wong must consent to physical transfer of money to Bangladesh govt so there won’t be need to file petition for civil forfeiture; Abad says Wong’s letters say fund turnover was for safekeeping
Source: BFW (Bloomberg First Word)
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UUID: 7947283