THE filing of multiple counts of money laundering cases against Guo Hua Ping, or also known as former Bamban, Tarlac mayor Alice Guo, is expected to cripple the operations of companies connected to the remnants of illegal Philippine Offshore Gaming Operators (POGO) hubs.
“The filing of 62 counts of money laundering cases against Alice Guo boosts our campaign to rid the country of POGOs and their illegal activities. We expect this development to severely disrupt the illegal flow of dirty money that fuels their operations and cripple their financial machinery,” Sen. Sherwin Gatchalian yesterday said in a statement.
The Department of Justice (DOJ) on Friday filed 62 counts of money laundering charges before the Capas, Tarlac Regional Trial Court against Guo and others involved in the operations of illegal POGO facilities.
The charges include 26 counts for violating Section 4 (a) of the Anti-Money Laundering Act (AMLA) for conducting transactions involving monetary instruments or property derived from unlawful activity.
Guo was also slapped with five counts of violation of Section 4 (b) of AMLA for converting, transferring, acquiring, or using such instruments or property.
Guo and her parents Jian Zhong Guo and Line Wenyi, and siblings Shiela and Seimen, and 26 other POGO officials were also charged with violation of Section 4 (d) of AMLA for conspiring to commit money laundering offenses.
Gatchalian said the filing of charges against Guo and the others was a result of the extensive Senate investigations against POGOs.
