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 account 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 accounts 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.
