Former Bamban, Tarlac Mayor Alice Guo and her co-accused could face imprisonment ranging from 609 to 1,218 years if proven guilty of money laundering charges.
During the Senate inquiry into Alice Guo’s escape from the country, Anti-Money Laundering Council (AMLC) lawyer Adrian Arpon explained that under the Anti-Money Laundering Act, Sections A, B, and C carry a penalty of 7 to 14 years for each count of money laundering.
Senate Deputy Minority Leader Risa Hontiveros, chair of the subcommittee overseeing the investigation, informed Sheila Guo, who was present at the hearing, that she could be imprisoned along with Alice and others for more than a lifetime.
It was earlier reported that the AMLC, along with the Presidential Anti-Organized Crime Commission, filed 87 counts of money laundering against Alice Guo, Sheila Guo, Cassandra Li Ong, former Technology and Livelihood Resource Center Deputy Director General Dennis Cunanan, and 28 others.
The charges are linked to their involvement in the illegal operations of a raided Philippine Offshore Gaming Operators (POGO) hub in Bamban, Tarlac.
The cases stem from an alleged P7 billion used for the illegal POGO hub’s operations, which authorities uncovered in their raid.
