The Anti-Money Laundering Council (AMLC) will investigate an alleged transaction between dismissed Bamban Mayor Alice Guo and property development company Alphaland Corporation in Itogon, Benguet.
This follows the presentation by Manila Representative Bienvenido Abante during today’s inquiry at the House Quad-Committee, which included a copy of a check from Guo purportedly used as a downpayment for a loghouse valued at P85 million.
However, Guo claimed that the transaction did not proceed and that the property was listed under the name Anne Jaime, not her.
Abante also suggested that Alphaland Management should clarify Guo’s involvement with the property as recorded in the corporation’s records.
Guo, who is currently facing charges related to money laundering, has also challenged questions regarding other bank transactions as part of her self-incrimination defense.
It should be noted that the Court of Appeals issued a freeze order in July of this year on all assets of Guo and two other individuals due to suspected ties to illegal operations of Philippine Offshore Gaming Operators (POGO), which will be in effect until January of the following year.
