Senator Sherwin Gatchalian braces for another big Senate probe on the alleged links to the illegal POGO operations of former presidential economic adviser Michael Yang’s brother.
The Presidential Anti-Organized Crime Commission (PAOCC) apprehended Yang Jian Xin or Tony Yang at the Ninoy Aquino International Airport (NAIA) Terminal 3 after his flight from Cagayan De Oro City.
But Gatchalian said he still has no information whether or not Yang will be invited in what is supposed be the last Senate hearing on POGOs slated for Sept. 24, Tuesday.
“He was just arrested. His status was just being coordinated,” he said, adding that authorities are still reviewing the documents for analysis on the operation and activities of Yang.
“Right now, he is with the immigration. He has immigration offenses,” Gatchalian clarified in an interview on Sunday over DZBB.
He believes that the committee should pursue Yang since a big amount entered in their joint account – almost P2 billion.
“I want to see where this money went. We have to totally analyze because there might be money that went to criminal activities. That’s the purpose of the Anti-Money Laundering Council.”
Gatchalian mentioned one other personality related to the Bamban POGO hub, a certain “Mr. Khan” who has a joint account with Yang.
He further explained that if almost P2 billion was added to the existing account, then that would be P7 billion in total with direct ties to the POGO hub in Bamban.
“That was the connection I have been seeing here. But still, the source of funds and where they were used are not yet clear,” he stressed.
“We will look into his declared businesses. No such big amount entered their business – Hongsheng.”
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