THE Pasig City Regional Trial Court has found the wife of the late Amin Imam Boratong, the operator of the “shabu tiangge,” guilty of six counts of the Anti-Money Laundering Act of 2001 and sentenced her to 42 to 78 years imprisonment.
Pasig City RTC Branch 167 Presiding Judge Annielyn Medes-Cabiles said Sheryl Boratong was guilty of facilitating money laundering, adding she has been maintaining bank accounts containing millions of pesos despite the absence of a legitimate source of income or job.
“The court finds accused Sheryl Molera Boratong aka Sheryl Molera guilty beyond reasonable doubt for six counts of violation of Section 4 (a) of R.A.9160, as amended, and she is sentenced to suffer the indeterminate penalty of imprisonment of seven years, as minimum, to 13 years as maximum, and to pay fine in the amount of P3 million, for each count,” the court said in its 26-page ruling.
The court also convicted Godofredo Aquino Medenilla for two counts of violation of Section 4(b) of RA 9160 for helping the Boratong couple open bank accounts and bank transfers of their drug proceeds.
Medenilla, the personal banking manager of Equitable PCI Bank-Sixto Antonio Branch at that time, was sentenced from four to six years imprisonment and a fine of P15 million for each count. — With Christian Oineza
