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CA extends freeze on prosecutor’s accounts

April 23, 2009 18:28:00
Tetch Torres
INQUIRER.net

MANILA, Philippines—The Court of Appeals extended the freeze order on the bank accounts of a state prosecutor, who figured in a bribery controversy involving three high-profile drug suspects.

The appellate court granted the motion of the Anti-Money Laundering Council (AMLC) to extend the freeze order on accounts owned by state prosecutor John Resado to June 16. The freeze order lapsed last April 16.

“In its motion, the AMLC manifested that there is an extreme need to further extend the freeze order considering the complex nature of financial examination and analysis relative to the investigation on the bank accounts of John Rabuco Resado, which is anticipated to be completed within five months,” the court said in a resolution penned by Associate Justice Myrna Dimaranan-Vidal.

The court, however, reminded the AMLC that it would be the last time that the freeze order would be extended and it must terminate its investigation before June 16.

The AMLC is conducting investigating the bank accounts of Resado and his wife at the Banco De Oro-SM Bacoor branch in Cavite province, and at PSBank in Padre Faura, Manila.

The AMLC aims to determine whether or not a P800,000 deposited was made on any of the accounts on December 2, 2008, the same date Resado recommended the dismissal of charges against suspects Richard Brodett, Jorge Joseph, and Joseph Tecson.

The three scions of rich families, dubbed the “Alabang Boys,” allegedly supplied ecstasy and cocaine to upscale nightclubs in the metropolis.

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