Anti-Money Laundering Council secures 5th freeze order under flood control probe
MANILA, Philippines — The Anti-Money Laundering Council has secured a fifth freeze order from the Court of Appeals under the ongoing flood control probe, bringing the total value of immobilized assets to over P4.4 billion. The ongoing crackdown has so far frozen 1,632 bank accounts, 54 insurance policies, 163 motor vehicles, 40 real properties and 12