In a big revelation in the money laundering scandal in Philippines criminal charges have been filed against two suspects who are allegedly behind the $81 million money laundering scandal in Philippines as per the local media reports. The Anti-Money Laundering Council with its filing with Philippines’ Department of Justice stated that it has sought file charges against two people Kam Sin Wong and Weikang Xu for violating anti-money laundering laws by taking some money stolen in the Bangladesh bank heist.
As per a witness testimony a man identified as Weikang, Xu a Chinese casino junket operator received $29 million of the stolen funds to his when he was staying as a guest at the Solaire Resort and Casino. Another $21 million were transferred to a local gaming company naming Eastern Hawaii Leisure Company Limited which is run by a person named Wong.
As per the complaint which states that “Wong knew or should have known that the funds that were remitted/transferred… were part of the stolen funds from Bangladesh Bank, and are therefore proceeds of an unlawful activity,” Another person named Maia Deguito, who is a branch manager of the RCBC bank who allegedly opened four bank s under fictitious names to get these amounts transferred under the scheme was also summoned to answer questions regarding this and possible charged can be pressed against her as well.
