A total of 36 bank accounts, one helicopter, 12 motor vehicles and 12 real properties of suspended Bamban Mayor Alice Guo or Guo Hua Ping were ordered frozen by the Court of Appeals following a petition by the Anti-Money Laundering Council (AMLC) over links to the illegal online gaming operations in the country, according to Sen. Sherwin Gatchalian.
Based on the AMLC statement sent to Gatchalian’s Office, the freeze order also covered the five bank accounts of Zhiyang Huang and Roderick Paul Pujante, two bank accounts of Baoying Lin and Hongjiang Yang and Zhengcan Yu, and one bank account of Zhang Ruijin, Rachelle Joan Carreon.
A total of 18 bank accounts of QJJ Farm, Inc. and 12 bank accounts of 3LIN Q Farm, Inc. and four other entities involved in Philippine Offshore Gaming Operator (POGO) were also ordered freeze.
“This is what we want to show during the hearing,” said Gatchalian, referring to the 4th Senate inquiry into the illegal POGO operations last Wednesday.
Gatchalian, along with Sen. Risa Hontiveros, chair of the Senate Committee on women, has been leading the POGO hearing.
The AMLC said it has successfully secured a freeze order from the Court of Appeals. It noted this marks a significant milestone in the fight against human trafficking, money laundering and illicit POGO activities in the country.
The Court of Appeals approved the AMLC ex-parte petition for the issuance of a freeze order, effectively freezing the assets of individuals and entities allegedly involved in these illegal activities.
The petition sought to freeze various bank accounts, real properties and personal assets connected to the suspected syndicates.
The action came after investigations and raids conducted by the Philippine Anti-Organized Crime Commission and the Philippine National Police-Criminal Investigation and Detection Group.
Included in the AMLC petition are Guo, Zhiyang Huang and Baoying Lin, all suspected of orchestrating human trafficking and fraudulent activities through entities like Zun Yuan Technology, Inc., Baofu Land Development, Inc. and Hongsheng Gaming Tech, Inc.
The Court of Appeal’s approval of the freeze order encompasses a wide range of assets including 90 bank accounts across 14 financial institutions, several real properties and high value personal properties, such as luxury vehicles and a helicopter.
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