AMLC, other govt agencies file money laundering cases vs. Alice Guo

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The story "AMLC, other govt agencies file money laundering cases vs. Alice Guo" was covered 1 days ago by Business Mirror, a news publisher based in Philippines.

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AMLC, other govt agencies file money laundering cases vs. Alice Guo - Business Mirror

Quick Summary:

The Anti-Money Laundering Council (AMLC) and other agencies of the government have filed several counts of money laundering against dismissed Tarlac Mayor Alice Guo.

The investigation conducted by AMLC together with NBI and PAOCC, revealed that Guo and her co-conspirators generated proceeds of over ₱101 million, between June 2020 and January 2024, from their criminal activities.

AMLC said its actions underscored the importance of piercing the corporate veil, holding the incorporators, officers, and employees of implicated corporations accountable for their roles in facilitating and perpetuating illegal activities.